For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Upper Grand Lagoon 32408 Grand Lagoon Shores
145 Rusty Gans Drive
Photo of 145 Rusty Gans Drive
Sold on Jan 12, 2023

40

Map

Photo of 145 Rusty Gans Drive
Photo of 145 Rusty Gans Drive
$569,000
● House - Off Market

145 Rusty Gans Drive

Panama City Beach, FL 32408
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,485 Ft²
$602,349
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Price just reduced by $10,000! Located on a quiet street in Grand Lagoon Shores, this well maintained and solar powered home offers privacy while being centrally located to everything Panama City Beach has to offer. This home has 3 bedrooms, a large bonus room, 2 full baths and 2 half baths. The first floor offers a open floor plan with new laminate flooring through out and a gas fireplace in the family room. The first floor master bedroom has a recently renovated en suite bathroom and wall to wall closet space. The spacious backyard has a summer kitchen, pergola and pool with a tanning ledge and built in umbrella holder. The upstairs has 2 bedrooms with a full bath and a large bonus room that is being used as a office but could easily be a 4th bedroom.
Unit Size
2,485 Ft²
Days on Market
57 days
Land Size
0.41 acres
Price per sqft
$229
Property Type
House
Property Taxes
$270
HOA Dues
-
Year Built
2003

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 27 days ago ( #734664)

Price History

Date / Event Date Event Price
Jan 18, 2023 Sold
Premium
Sold
Nov 16, 2022 Listed by Coldwell Banker Realty $569,000
Listed by Coldwell Banker Realty
Sep 10, 2019 Sold
Premium
Sold
Mar 5, 2019 Listed by Coldwell Banker Realty $359,000
Listed by Coldwell Banker Realty
Nov 17, 2018 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 864
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 17,816
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 1,080
  • Total Building Area: 3,489
  • Gross Building Area: 3,489
  • Building Area: 2,625
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,625
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRAND LAGOON SHORES
  • Land Acres: 0000000409
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: GRAND LAGOON SHORES UNIT 2 LOT 21 BLK C ORB 4649 P 300 58B1

Neighborhood

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

Zoning

  • Zoning: BC15

Geography

  • Parcel: 30197-845-000
  • Block: C
  • Lot: 21
  • Meridian: SEC 06 TWN 04S RNG 15W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.1722
  • Longitude: -85.785

    Address

  • Full Address: 145 Rusty Gans Dr
  • Legal Unit: 2
  • Address - House Number: 145
  • Address - Street Name: Rusty Gans
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City
  • Carrier Code: C089
  • 4-Digit Zip Code: 4529
  • Zip Code: 32408

Valuation

    Tax

  • Total Area: 3,109
  • Tax Year: 2023
  • Tax Amount: $359,937
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.2339
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 67
  • Final Value: 571,533
  • High Value: 705,268
  • Low Value: 437,798

    Market Valuation

  • Market Total Value: $422,584
  • Market Land Value: $76,280
  • Market Improvement Value: $346,304

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $328,726

    Sales

  • Current Sale Contract Date: Jan 12, 2023
  • Current Sale Recording Date: Jan 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3066
  • Previous Sale Recording Date: Sep 10, 2019
  • Previous Sale Contract Date: Aug 30, 2019
  • Previous Sale Amount: $347,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Grand Lagoon Shores

Stats & Trends

Median Asking:

$565,000

Sale Price/ft²

$197

Below Asking

0.02%

Average Days on Market

74

Average Home Size

2751 ft²

Average Home Age

3 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 9860 S South Thomas Drive, Panama City, FL, 32408

$2,500 /mo

  • 3 Beds
  • 2 Baths
9860 S South Thomas Drive #711, Panama City, FL, 32408 Listing by Courtney C Simonds

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 145 Rusty Gans Drive built and last sold?
The property at 145 Rusty Gans Drive was built in 2003 and last sold on Jan 12, 2023 for $569,000.
How much is this home worth?
The estimated value of the home located at 145 Rusty Gans Drive is $562,865.
What are some comparable homes to 145 Rusty Gans Drive?
There are currently no comparable homes to 145 Rusty Gans Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Upper Grand Lagoon Homes for Sale
Upper Grand Lagoon Houses for Sale
Upper Grand Lagoon Condos for Sale
Upper Grand Lagoon Townhouses for Sale
Upper Grand Lagoon Multifamily for Sale
Upper Grand Lagoon Land for Sale
Upper Grand Lagoon Commercial for Sale
Upper Grand Lagoon Homes with Basements
Nearby Cities
Panama City Beach Homes for Sale
Panama City Homes for Sale
Lower Grand Lagoon Homes for Sale
Lynn Haven Homes for Sale
Springfield Homes for Sale
Parker Homes for Sale
Pretty Bayou Homes for Sale
Cedar Grove Homes for Sale
Nearby Property Records
Bay County, FL Property Records
Washington County, FL Property Records
Gulf County, FL Property Records
Calhoun County, FL Property Records
Walton County, FL Property Records
Holmes County, FL Property Records
Jackson County, FL Property Records
Liberty County, FL Property Records
Neighborhoods
Lynn Haven Real Estate
Bunkers Cove Real Estate
Holiday Beach Real Estate
Highland City Real Estate
Bay Point Real Estate
The Glades Real Estate
Biltmore Beach Real Estate
Treasure Island Section One Real Estate
Nearby Counties
Panama City Beaches Homes for Sale
Lynn Haven Homes for Sale
Top Real Estate Agents
Top Agents in Grand Lagoon Shores
Top Agents in Upper Grand Lagoon
Top Agents in Panama City Beaches
Top Agents in Panama City Beach
Top Agents in 32408
Top Agents in 32407
Top Agents in Panama City
Top Agents in 32405