See Home Value
$445,000 - $543,000
House - Off Market

205 Summerwood Dr

Panama City Beach, FL 32413
bedrooms
4 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
2061 Sqft
Sold Feb 16, 2024
$450,000
$360,000 by Movement Mortgage, Llc
Mortgage Due Mar 01, 2039
Sold Feb 06, 2002
$154,000
$95,000 by First South Bank
Mortgage Due Mar 01, 2032

About This Property

Nestled in the Summerwood neighborhood, this spacious 4 bedroom, 2 1/2 bath home is located just half a mile to Pier Park and within 3 blocks to the Award Winning white sandy beaches & beautiful turquoise waters. Beautiful curb appeal. The home features a dining room, open concept kitchen to family room, large main bedroom with an en-suite, split floor plan, vaulted ceilings, crown moldings throughout, engineered hardwood, tile, and new french doors that lead to a screened in back porch for sunset views. The large back yard is fully fenced in. This home is one you don't want to miss!

The manager has listed the unit size as 2061 square feet.
Unit Size
2,061Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$240
Property Type
House
Property Taxes
-
HOA Dues
$171
Year Built
2001

Price History

Date / Event Date Event Price
Feb 18, 2024 No longer available -
No longer available
Feb 16, 2024 Sold to John Michal Kremar, Margare... $450,000
Sold to John Michal Kremar, Margare...
Jan 25, 2024 In contract -
In contract
Nov 5, 2023 Price Decreased $494,999
↓ $14K (2.8%)
Price Decreased
Oct 10, 2023 Price Decreased $509,000
↓ $5K (1%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 4
  • 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: Gable or hip
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,185
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 610
  • Total Building Area: 2,502
  • Gross Building Area: 2,502
  • Building Area: 2,061
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,061
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUMMERWOOD PHASE III
  • Land Acres: 0.142
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUMMERWOOD PHASE III LOT 51 ORB 2034 P 1608 ORB 2112 P 786

Ownership

  • Current Owner : KREMAR JOHN MICHAL
  • Current Owner 2: TOBEY MARGARET GRACE
  • Previous Owner : JOHNSON SALVE M
  • Previous Owner 2: JOHNSON DARVIS
  • Owner Before Previous Owner: ELGEE CHRISTOPHER F
  • Owner Before Previous Owner 2: ELGEE NICOLE S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002711

Zoning

  • Zoning: PCB14

Geography

  • Subdivision Phase Number: 3
  • Parcel: 33829-702-000
  • Lot: 51
  • Meridian: SEC 21 TWN 03S RNG 16W
  • Municipality: CITY OF PANAMA CITY BEACH
  • Latitude: 30.2146
  • Longitude: -85.8622

    Address

  • Full Address: 205 Summerwood Dr
  • Address - House Number: 205
  • Address - Street Name: Summerwood
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City Beach
  • Carrier Code: C015
  • 4-Digit Zip Code: 2685
  • Zip Code: 32413

Valuation

    Tax

  • Total Area: 2,342
  • Tax Year: 2023
  • Tax Amount: $2,016
  • Tax Rate Code Area: 013

    Appraisal Valuation

  • Standard Deviation: 0.0983
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 90
  • Final Value: 471,087
  • High Value: 517,426
  • Low Value: 424,747

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Feb 16, 2024
  • First Open Lien Mortgage Loan Amount: $360,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2039

    Market Valuation

  • Market Total Value: $326,205
  • Market Land Value: $76,548
  • Market Improvement Value: $249,657

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,821

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 16, 2024
  • Current Sale Recording Date: Feb 16, 2024
  • Current Sale Transaction ID: 11921576085
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8769
  • Previous Sale Recording Date: Feb 06, 2002
  • Previous Sale Contract Date: Feb 04, 2002
  • Previous Sale Amount: $154,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE, LLC
  • First Mortgage Transaction Date: Feb 16, 2024
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2039

    Previous Mortgages

  • Previous Mortgage Lender: FIRST SOUTH BANK
  • Previous Mortgage Transaction Date: Feb 06, 2002
  • Previous Mortgage Loan Amount: $95,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2032



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,597 ft²
$304/ft²
$485,000 Mar 15, 2023
-
$310/mo
House
3 Beds
2 Baths
1,422 ft²
$315/ft²
$448,500 Jan 6, 2024
-
$89/mo
House
3 Beds
2 Baths
1,168 ft²
$342/ft²
$399,900 Oct 31, 2023
-
$148/mo
House
2 Beds
2 Baths
1,158 ft²
$354/ft²
$409,995 Jan 2, 2024
-
$168/mo
Condo
2 Beds
2 Baths
1,299 ft²
$423/ft²
$549,900 Jan 2, 2024
-
$4,583/mo
Condo
2 Beds
2 Baths
1,299 ft²
$431/ft²
$559,900 Oct 27, 2023
-
$4,223/mo
Condo
2 Beds
2 Baths
1,299 ft²
$446/ft²
$579,000 Jan 13, 2024
-
$4,699/mo
Condo
2 Beds
2 Baths
1,299 ft²
$446/ft²
$579,500 May 15, 2023
-
$4,223/mo
Condo
1 Bed
2 Baths
1,103 ft²
$408/ft²
$450,000 Aug 28, 2023
-
$1,127/mo
Condo
1 Bed
2 Baths
1,103 ft²
$426/ft²
$469,900 Jun 17, 2023
-
-
Condo
1 Bed
2 Baths
1,103 ft²
$494/ft²
$545,000 Sep 12, 2023
-
$1,097/mo
Condo
1 Bed
2 Baths
1,103 ft²
$399/ft²
$440,000 Dec 13, 2023
-
$850/mo

About Summerwood


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Nearby Rentals



Frequently Asked Questions

When was property at 205 Summerwood Drive built and last sold?
The property at 205 Summerwood Drive was built in 2001 and last sold on Feb 16, 2024 for $450,000.
How much is this home worth?
The estimated value of the home located at 205 Summerwood Drive is $503,414.
What are some comparable homes to 205 Summerwood Drive?
There are currently no comparable homes to 205 Summerwood Drive.

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