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278 Lullwater Drive

278 Lullwater Drive, Panama City Beach, FL 32413
Property in El Centro Beach
Sold Sep 09, 2022
$735,000
$588,000 by Rocket Mortgage Llc
Mortgage Due Oct 01, 2052
Sold Aug 17, 2017
$225,000
$189,000 by Southern States Bank
Mortgage Due Jul 15, 2042
278 Lullwater Drive has been categorized by the local assessors in Panama City Beach, FL as a residential type of property. The building on the property was first built in 1994 and is 30 years old. However, we must point out that the home was most recently renovated and altered in 2019. The home has a total of 3 bedrooms. Residents will have access to 2 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, 278 Lullwater Drive has 1,488 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 1,780 ft and across the front of the lot is 1,830 ft. The area measurement of the land has been determined as 32,574 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 carport for those who require parking. Residents will have the luxury of enjoying both a unknown and 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 gable or hip style roof made of metal. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 278 Lullwater Drive sold most recently in Sep 7, 2022 for a total of $735,000. If you work out the math, that's approximately a cost of $493.95 per sqft. Before that, the property was also sold for $225,000 in Jul 6, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,149 in taxes each year. 278 Lullwater Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $611,874. If we break it down further, the land itself was valued at $426,573. Improvements to the property, however, were assessed at a total of $185,301. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 32,574
  • Lot Size Depth Feet: 1,780
  • Lot Size Frontage Feet: 1,830
  • Total Building Area: 1,488
  • Gross Building Area: 1,488
  • Building Area: 1,488
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,488
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EL CENTRO BEACH
  • Land Acres: 0.748
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EL CENTRO BEACH MAP-29B4 LOT 38 BLK 30 ORB 4608 P 1263

Ownership

  • Current Owner : ROBERTS OWEN J
  • Previous Owner : ALAN HALSTEAD II JEFFREY
  • Previous Owner 2: BROO ASHLEIGH
  • Owner Before Previous Owner: DAVIS JOHN E

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002703

Zoning

  • Zoning: PCB22

Geography

  • Parcel: 33615-000-000
  • Block: 30
  • Lot: 38
  • Meridian: SEC 19 TWN 03S RNG 16W
  • Municipality: CITY OF PANAMA CITY BEACH
  • Latitude: 30.2209
  • Longitude: -85.8848

    Address

  • Full Address: 278 Lullwater Dr
  • Address - House Number: 278
  • Address - Street Name: Lullwater
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 2421
  • Zip Code: 32413

Valuation

    Tax

  • Total Area: 1,515
  • Tax Year: 2023
  • Tax Amount: $7,149
  • Tax Rate Code Area: 013

    Appraisal Valuation

  • Standard Deviation: 0.244
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 65
  • Final Value: 580,255
  • High Value: 721,846
  • Low Value: 438,664

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $588,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 09, 2022
  • First Open Lien Mortgage Loan Amount: $588,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $611,874
  • Market Land Value: $426,573
  • Market Improvement Value: $185,301

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $611,874
  • Assessed Land Value: $426,573
  • Assessed Improvements Value: $185,301

    Sales

  • Current Sale Contract Date: Sep 07, 2022
  • Current Sale Recording Date: Sep 09, 2022
  • Current Sale Transaction ID: 11896058456
  • Current Sale Price: $735,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 67124
  • Previous Sale Recording Date: Aug 17, 2017
  • Previous Sale Contract Date: Jul 06, 2017
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 09, 2022
  • First Mortgage Loan Amount: $588,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: SOUTHERN STATES BANK
  • Previous Mortgage Transaction Date: Aug 17, 2017
  • Previous Mortgage Loan Amount: $189,000
  • Previous Mortgage Term: 298
  • Previous Mortgage Loan Type: Closed-end Mortgage
  • Previous Mortgage Loan Due Date: Jul 15, 2042

About El Centro Beach



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Frequently Asked Questions

What neighborhood is 278 Lullwater Drive located in?
The 278 Lullwater Drive is a located in the neighborhood of El Centro Beach in El Centro Beach, Panama City Beach.
What is the average sales price for listings in 278 Lullwater Drive?
The average sales price for units in 278 Lullwater Drive is $0 currently.

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