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309 Basin Bayou Drive

309 Basin Bayou Drive, Panama City Beach, FL 32407
Sold Sep 29, 2020
$467,000
$387,000 by Community Bank Of Mississippi
Mortgage Due Oct 01, 2050
Sold Sep 20, 2018
$427,500
$408,700 by Ks Statebank
Mortgage Due Oct 01, 2048
Local assessors in Panama City Beach, FL have categorized 309 Basin Bayou Drive as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 7,962 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 590 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 309 Basin Bayou Drive has a total of 2,617 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 638 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a cathedral style roof that was made of materials that we aren't sure of. Lots of rock and stone were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 309 Basin Bayou Drive sold most recently in Sep 25, 2020 for a total of $467,000. If you work out the math, that's approximately a cost of $143.47 per sqft. Before that, the property was also sold for $427,500 in Sep 20, 2018. 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 $6,070 in taxes each year. 309 Basin Bayou Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $455,549. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Exterior Walls Type: Rock and stone
  • 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
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 638
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,962
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 590
  • Total Building Area: 3,255
  • Gross Building Area: 3,255
  • Building Area: 2,617
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,617
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BREAKFAST POINT PH 3B
  • Land Acres: 0.183
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BREAKFAST POINT PH 3B LOT 305 ORB 4304 P 514

Ownership

  • Current Owner : STEWART ERIN
  • Current Owner 2: STEWART BRIAN
  • Previous Owner : MARTIN KENNETH R
  • Previous Owner 2: MARTIN SHERRIE A
  • Owner Before Previous Owner: NWFL LAND HOLDINGS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: MAP 47A
  • Subdivision Phase Number: 3B
  • Parcel: 34030-250-120
  • Lot: 305
  • Meridian: SEC 25 TWN 03S RNG 16W
  • Municipality: CITY OF PANAMA CITY BEACH
  • Latitude: 30.1984
  • Longitude: -85.8036

    Address

  • Full Address: 309 Basin Bayou Dr
  • Address - House Number: 309
  • Address - Street Name: Basin Bayou
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City Beach
  • Carrier Code: R030
  • 4-Digit Zip Code: 2572
  • Zip Code: 32407

Valuation

    Tax

  • Total Area: 3,107
  • Tax Year: 2023
  • Tax Amount: $6,070
  • Tax Rate Code Area: 013

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 649,173
  • High Value: 792,637
  • Low Value: 505,710

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $387,000
  • First Open Lien Mortgage Lender: COMMUNITY BANK OF MISSISSIPPI
  • First Open Lien Mortgage Recording Date: Sep 29, 2020
  • First Open Lien Mortgage Loan Amount: $387,000
  • 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, 2050

    Market Valuation

  • Market Total Value: $535,401
  • Market Land Value: $83,061
  • Market Improvement Value: $452,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $455,549

    Sales

  • Current Sale Contract Date: Sep 25, 2020
  • Current Sale Recording Date: Sep 29, 2020
  • Current Sale Transaction ID: 11790603815
  • Current Sale Price: $467,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020064139
  • Previous Sale Recording Date: Sep 20, 2018
  • Previous Sale Contract Date: Sep 20, 2018
  • Previous Sale Amount: $427,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY BANK OF MISSISSIPPI
  • First Mortgage Transaction Date: Sep 29, 2020
  • First Mortgage Loan Amount: $387,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: KS STATEBANK
  • Previous Mortgage Transaction Date: Sep 20, 2018
  • Previous Mortgage Loan Amount: $408,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Oct 01, 2048

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Nearby Rentals

Unit for rent at 8700 Front Beach Road, Panama City Beach, FL, 32407

$2,400 /mo

  • 2 Beds
  • 2.5 Baths
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8700 Front Beach Road #5105, Panama City Beach, FL, 32407 Listing by Tammy Snow

Frequently Asked Questions

What neighborhood is 309 Basin Bayou Drive located in?
The 309 Basin Bayou Drive is a located in the neighborhood of Panama City Beaches in Panama City Beach, Panama City Beach.
What is the average sales price for listings in 309 Basin Bayou Drive?
The average sales price for units in 309 Basin Bayou Drive is $0 currently.

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