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401 La Valencia Circle

401 La Valencia Circle, Panama City Beach, FL 32413
Sold Nov 12, 2021
$635,000
$444,500 by Homespire Mortgage Corp
Mortgage Due Dec 01, 2036
Sold Jul 06, 2016
$136,200
$144,600 by E Mortgage Management Llc
Mortgage Due Jul 01, 2046
Local assessors in Panama City Beach, FL have categorized 401 La Valencia Circle as a residential type of property. The home was built in 2001 and is 23 years old. It was most recently renovated and altered in 2012. The property's lot size has been calculated to be 3,245 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. 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, 3 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 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 401 La Valencia Circle has a total of 1,698 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. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back 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 - A. The building has a gable or hip style roof that was made of tile. Lots of wood 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, 401 La Valencia Circle sold most recently in Nov 3, 2021 for a total of $635,000. If you work out the math, that's approximately a cost of $373.97 per sqft. Before that, the property was also sold for $136,200 in Jun 25, 2016. 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 $7,063 in taxes each year. 401 La Valencia Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $561,727. If we break it down further, the land itself was valued at $118,291. Improvements to the property, however, were assessed at a total of $443,436. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2001
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Building Style: Townhouse
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,245
  • Total Building Area: 1,698
  • Gross Building Area: 1,698
  • Building Area: 1,698
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,698
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LA VALENCIA BEACH RESORT
  • Land Acres: 0.075
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LA VALENCIA BEACH RESORT 13B3 LOT 8 LESS:BEG AT SW COR LOT 8 N 24.71 N 2.04 E 111.06 S 34.86 W 106.43 TO POB BLK B ORB 4517 P 1219

Ownership

  • Current Owner : JORDAN JUSTIN
  • Current Owner 2: JORDAN ELIZABETH
  • Previous Owner : GREER MICHAEL
  • Owner Before Previous Owner: GREEN ELLEN D
  • Owner Before Previous Owner 2: GREEN MICHAEL K
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002707

Zoning

  • Zoning: SR1

Geography

  • Parcel: 35370-816-010
  • Block: B
  • Lot: 8
  • Meridian: SEC 04 TWN 03S RNG 17W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.2538
  • Longitude: -85.9541

    Address

  • Full Address: 401 La Valencia Cir
  • Address - House Number: 401
  • Address - Street Name: La Valencia
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Panama City Beach
  • Carrier Code: R017
  • 4-Digit Zip Code: 3344
  • Zip Code: 32413

Valuation

    Tax

  • Total Area: 1,796
  • Tax Year: 2023
  • Tax Amount: $7,063
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 741,789
  • High Value: 905,720
  • Low Value: 577,858

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $444,500
  • First Open Lien Mortgage Lender: HOMESPIRE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 12, 2021
  • First Open Lien Mortgage Loan Amount: $444,500
  • 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: Dec 01, 2036

    Market Valuation

  • Market Total Value: $561,727
  • Market Land Value: $118,291
  • Market Improvement Value: $443,436

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $561,727
  • Assessed Land Value: $118,291
  • Assessed Improvements Value: $443,436

    Sales

  • Current Sale Contract Date: Nov 03, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Transaction ID: 11868661080
  • Current Sale Price: $635,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021086465
  • Previous Sale Recording Date: Jul 06, 2016
  • Previous Sale Contract Date: Jun 25, 2016
  • Previous Sale Amount: $136,200
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMESPIRE MORTGAGE CORP
  • First Mortgage Transaction Date: Nov 12, 2021
  • First Mortgage Loan Amount: $444,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: E MORTGAGE MANAGEMENT LLC
  • Previous Mortgage Transaction Date: Jul 06, 2016
  • Previous Mortgage Loan Amount: $144,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2046

About La Valencia Beach Resort



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Frequently Asked Questions

What neighborhood is 401 La Valencia Circle located in?
The 401 La Valencia Circle is a located in the neighborhood of La Valencia Beach Resort in La Valencia Beach Resort, Panama City Beach.
What is the average sales price for listings in 401 La Valencia Circle?
The average sales price for units in 401 La Valencia Circle is $0 currently.

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