See Home Value
Bay 32407
240 Villa Bay Drive
$483,677*
House - Off Market

240 Villa Bay Drive

Panama City Beach, FL 32407
bedrooms
4 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
2496 Sqft
$437,000 - $533,000
Reference Base Price*
-0.27%
Since Aug 1, 2023
National-US
Primary Model
Sold Jul 12, 2023
$470,000
$415,125 by Navy Federal Credit Union
Mortgage Due Aug 01, 2053
Sold Jul 06, 2020
$350,947
$359,018 by Dhi Mortgage Company Ltd
Mortgage Due Jul 01, 2050

About This Property

This immaculate two story home is located in the highly desirable Emerald Cove neighborhood. The home sits tucked away on a premium lot, in the neighborhoods quietest cul-de-sac AND conservation land is directly behind the home, so no future building will occur! When you enter the home you'll notice the open living, dining, and kitchen area. The kitchen offers a large breakfast bar, stainless steel appliances, granite counter tops, and newly added backsplash. All flooring is luxury vinyl except for the spare bedrooms and the large second living room upstairs. The spacious master bedroom is located on the first floor and has a large walk in closet, 5ft walk in shower and separate bath in the ensuite. The spare bedrooms are located upstairs along with the laundry room and two extra bathrooms

The manager has listed the unit size as 2496 square feet.
Unit Size
2,496Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$194
Property Type
House
Property Taxes
$305
HOA Dues
$630
Year Built
2020

Price History

Date / Event Date Event Price
Jul 12, 2023 Sold to Ashley Nichole Blankenship... $470,000
Sold to Ashley Nichole Blankenship...
Jul 7, 2023 No longer available -
No longer available
May 16, 2023 In contract -
In contract
Apr 13, 2023 Price Decreased $485,000
↓ $14K (2.8%)
Price Decreased
Mar 20, 2023 Listed $499,000
Listed
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: B
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Other
  • Floor Count: 2
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,332
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 320
  • Total Building Area: 3,139
  • Gross Building Area: 3,139
  • Building Area: 2,698
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,698
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EMERALD COVE VILLAS
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EMERALD COVE VILLAS LOT 73 ORB 4709 P 86

Ownership

  • Current Owner : BLANKENSHIP MATTHEW CHARLES
  • Current Owner 2: BLANKENSHIP ASHLEY NICHOLE
  • Previous Owner : GROW DANIEL KESSNER
  • Previous Owner 2: GROW ANNIE JEANETTE
  • Owner Before Previous Owner: D R HORTON INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002710

Geography

  • Assessors Map Reference: MAP 57A
  • Parcel: 27541-500-146
  • Lot: 73
  • Meridian: SEC 29 TWN 03S RNG 15W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.1929
  • Longitude: -85.765

    Address

  • Full Address: 240 Villa Bay Dr
  • Address - House Number: 240
  • Address - Street Name: Villa Bay
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City Beach
  • Carrier Code: C007
  • 4-Digit Zip Code: 5621
  • Zip Code: 32407

Valuation

    Tax

  • Total Area: 3,015
  • Tax Year: 2023
  • Tax Amount: $4,069
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.2324
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 67
  • Final Value: 576,601
  • High Value: 710,647
  • Low Value: 442,555

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $415,125
  • First Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jul 12, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $415,125
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $464,667
  • Market Land Value: $49,417
  • Market Improvement Value: $415,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $361,295

    Sales

  • Current Sale Contract Date: Jul 05, 2023
  • Current Sale Recording Date: Jul 12, 2023
  • Current Sale Transaction ID: 11909814760
  • Current Sale Price: $470,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 43510
  • Previous Sale Recording Date: Jul 06, 2020
  • Previous Sale Contract Date: Jun 29, 2020
  • Previous Sale Amount: $350,947
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Jul 12, 2023
  • First Mortgage Loan Amount: $415,125
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • Previous Mortgage Transaction Date: Jul 06, 2020
  • Previous Mortgage Loan Amount: $359,018
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,900 ft²
$235/ft²
$446,000 Apr 7, 2023
-
$812/mo
House
3 Beds
2 Baths
1,977 ft²
$293/ft²
$579,900 Mar 31, 2023
-
$1,225/mo
Townhouse
3 Beds
2 Baths
1,615 ft²
$308/ft²
$497,444 May 18, 2023
-
$836/mo
Townhouse
3 Beds
2 Baths
1,602 ft²
$243/ft²
$389,900 May 8, 2023
-
$1,158/mo

About Bay


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Frequently Asked Questions

When was property at 240 Villa Bay Drive built and last sold?
The property at 240 Villa Bay Drive was built in 2020 and last sold on Jul 5, 2023 for $470,000.
How much is this home worth?
The estimated value of the home located at 240 Villa Bay Drive is $514,640.
What are some comparable homes to 240 Villa Bay Drive?
Homes that are comparable to 240 Villa Bay Drive include a house property at 241 Villa Bay Drive, 726 Sandbar Drive, 545 Cove Villa Street.

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