Check Availability

118 Grand Lagoon Shores Drive

118 Grand Lagoon Shores Drive, Panama City, FL 32408
Sold Oct 11, 2019
$90,000
$58,500 by Maryanne Grimsley Etux
Mortgage Due Oct 11, 2049
Sold Sep 19, 2011
$158,000
$153,994 by United Wholesale Mortgage
Mortgage Due Oct 01, 2041
118 Grand Lagoon Shores Drive in Panama City, FL was first built in 1983 and is 41 years old. Although, the building on the property was most recently renovated and altered in 2003. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 118 Grand Lagoon Shores Drive has 2,744 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,040 ft and the linear feet between the front and back of the lot is 1,240. In total, the area measurement of the land is 12,893 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of metal. For those who need parking, there is a garage. The garage is 528 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of wood. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 118 Grand Lagoon Shores Drive was last sold in Oct 8, 2019 for $90,000. According to our calculations, that's $32.80 per sqft. Prior to that sales transaction, the property was sold for $158,000 in Sep 15, 2011. Current property owners are expected to pay $2,001 in taxes per year. The property on 118 Grand Lagoon Shores Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $195,905. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,893
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 2,744
  • Gross Building Area: 2,744
  • Building Area: 2,744
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,744
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAND LAGOON SHORES
  • Land Acres: 0.296
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GRAND LAGOON SHORES UNIT 7 LOT 15 BLK F ORB 4612 P 675

Ownership

  • Current Owner : LEROCK PROPERTIES LLC
  • Previous Owner : LAWRO PETER
  • Previous Owner 2: LAWRO VIRGINIA
  • Owner Before Previous Owner: SHULTS JIM
  • Owner Before Previous Owner 2: SHULTS SHARLA
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002604

Zoning

  • Zoning: BC15

Geography

  • Parcel: 30188-283-000
  • Block: F
  • Lot: 15
  • Meridian: SEC 06 TWN 04S RNG 15W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.1679
  • Longitude: -85.7791

    Address

  • Full Address: 118 Grand Lagoon Shores Dr
  • Legal Unit: 7
  • Address - House Number: 118
  • Address - Street Name: Grand Lagoon Shores
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City
  • Carrier Code: C089
  • 4-Digit Zip Code: 5106
  • Zip Code: 32408

Valuation

    Tax

  • Total Area: 2,621
  • Tax Year: 2023
  • Tax Amount: $2,001
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.2373
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 66
  • Final Value: 498,816
  • High Value: 617,196
  • Low Value: 380,436

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $308,500
  • First Open Lien Mortgage Lender: MARYANNE GRIMSLEY ETUX
  • First Open Lien Mortgage Recording Date: Oct 11, 2019
  • First Open Lien Mortgage Loan Amount: $58,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Oct 11, 2049
  • First Open Lien Mortgage Private Lender: T
  • Second Open Lien Mortgage Lender: NINE TRUST INVESTMENTS LLC
  • Second Open Lien Mortgage Recording Date: Sep 16, 2022
  • Second Open Lien Mortgage Loan Amount: $250,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $336,004
  • Market Land Value: $76,280
  • Market Improvement Value: $259,724

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,905

    Sales

  • Current Sale Contract Date: Oct 08, 2019
  • Current Sale Recording Date: Oct 11, 2019
  • Current Sale Transaction ID: 11662613781
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019089337
  • Previous Sale Recording Date: Sep 19, 2011
  • Previous Sale Contract Date: Sep 15, 2011
  • Previous Sale Amount: $158,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MARYANNE GRIMSLEY ETUX
  • First Mortgage Transaction Date: Oct 11, 2019
  • First Mortgage Loan Amount: $58,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Oct 11, 2049

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Sep 19, 2011
  • Previous Mortgage Loan Amount: $153,994
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2041

About Grand Lagoon Shores



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 7061 Patronis Drive, Panama City, FL, 32408

$2,475 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,580 ft²
7061 Patronis Drive #19, Panama City, FL, 32408 Listing by Sully Tariq
Unit for rent at 312 Brady Way, Panama City, FL, 32408

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,394 ft²
312 Brady Way, Panama City, FL, 32408 Listing by Don Cooley
Unit for rent at 1756 Vecuna Circle, Panama City Beach, FL, 32407

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,082 ft²
1756 Vecuna Circle, Panama City Beach, FL, 32407 Listing by Team Don and Bubba

Frequently Asked Questions

What neighborhood is 118 Grand Lagoon Shores Drive located in?
The 118 Grand Lagoon Shores Drive is a located in the neighborhood of Grand Lagoon Shores in Grand Lagoon Shores, Panama City.
What is the average sales price for listings in 118 Grand Lagoon Shores Drive?
The average sales price for units in 118 Grand Lagoon Shores Drive is $0 currently.

Quantcast