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1423 Trout Drive

1423 Trout Drive, Panama City, FL 32408
Property in Bay Point
Sold Jan 12, 2023
$1,225,000
Sold Oct 22, 2020
$835,000
$584,500 by Fbt Mortgage
Mortgage Due Oct 20, 2040
1423 Trout Drive has been categorized by the local assessors in Panama City, FL as a residential type of property. The building on the property was first built in 2019 and is 5 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1423 Trout Drive has 2,725 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 1,100 ft. The area measurement of the land has been determined as 12,022 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 574 sqft. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a cathedral style roof made of materials that we aren't sure of. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it 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, 1423 Trout Drive was last sold in Jan 12, 2023 for $1,225,000. According to our calculations, that's $371.32 per sqft. Prior to that sales transaction, the property was sold for $835,000 in Oct 20, 2020. Current property owners are expected to pay $10,828 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1423 Trout Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $862,882. To break that down further, the land itself was valued at $303,037. While improvements to the property were assessed at a total of $559,845. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Other
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 574
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,022
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 3,299
  • Gross Building Area: 3,299
  • Building Area: 2,725
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,725
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAY POINT
  • Land Acres: 0.276
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BAY POINT UNIT 1 LOT 459 ORB 4648 P 112

Ownership

  • Current Owner : KELLY W SMARTT LIVING TRUST
  • Previous Owner : KELLY W SMARTT LIVING TRUST
  • Owner Before Previous Owner: RUSSO A DAVID A
  • Owner Before Previous Owner 2: RUSSO HELEN M
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002608

Zoning

  • Zoning: BC15

Geography

  • Parcel: 30933-554-000
  • Lot: 459
  • Meridian: SEC 09 TWN 04S RNG 15W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.1529
  • Longitude: -85.7468

    Address

  • Full Address: 1423 Trout Dr
  • Legal Unit: 1
  • Address - House Number: 1423
  • Address - Street Name: Trout
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City
  • Carrier Code: C987
  • 4-Digit Zip Code: 7247
  • Zip Code: 32408

Valuation

    Tax

  • Total Area: 3,181
  • Tax Year: 2023
  • Tax Amount: $10,828
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.0983
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 90
  • Final Value: 1,418,459
  • High Value: 1,557,988
  • Low Value: 1,278,930

    Market Valuation

  • Market Total Value: $862,882
  • Market Land Value: $303,037
  • Market Improvement Value: $559,845

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $862,882
  • Assessed Land Value: $303,037
  • Assessed Improvements Value: $559,845

    Sales

  • Current Sale Contract Date: Jan 12, 2023
  • Current Sale Recording Date: Jan 12, 2023
  • Current Sale Transaction ID: 11901537581
  • Current Sale Price: $1,225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2269
  • Previous Sale Recording Date: Oct 22, 2020
  • Previous Sale Contract Date: Oct 20, 2020
  • Previous Sale Amount: $835,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CADENCE BANK
  • First Mortgage Transaction Date: Jan 12, 2023
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 12, 2024

    Previous Mortgages

  • Previous Mortgage Lender: FBT MORTGAGE
  • Previous Mortgage Transaction Date: Oct 22, 2020
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $584,500
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 20, 2040

About Bay Point



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Frequently Asked Questions

What neighborhood is 1423 Trout Drive located in?
The 1423 Trout Drive is a located in the neighborhood of Bay Point in Bay Point, Panama City.
What is the average sales price for listings in 1423 Trout Drive?
The average sales price for units in 1423 Trout Drive is $0 currently.

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