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7420 Thomas Drive

7420 Thomas Drive, Panama City, FL 32408
Property in Holiday Beach
Sold May 08, 2015
$415,000
$283,553 by University Lending Group Llc
Mortgage Due Jun 01, 2045
Sold Mar 15, 2005
$470,800
$359,650 by Suntrust Mortgage Inc
Mortgage Due Mar 01, 2035
7420 Thomas Drive has been categorized by the local assessors in Panama City, FL as a residential type of property. The building on the property was first built in 2005 and is 19 years old. However, we must point out that the home was most recently renovated and altered in 2015. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 7420 Thomas Drive has 2,375 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 1,200 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,962 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. 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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. 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 materials we are unsure of. 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. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7420 Thomas Drive was last sold in May 1, 2015 for $415,000. According to our calculations, that's $174.74 per sqft. Prior to that sales transaction, the property was sold for $470,800 in Mar 7, 2005. Current property owners are expected to pay $6,160 in taxes per year. The property on 7420 Thomas Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $455,409. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Masonry
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 3
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 2,962
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 250
  • Total Building Area: 2,375
  • Gross Building Area: 2,375
  • Building Area: 2,375
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,375
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOLIDAY BEACH
  • Land Acres: 0.068
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOLIDAY BEACH UNIT #16 W 1/2 LOT 4 (4.02) BLK 17 ORB 3697 P 1331

Ownership

  • Current Owner : HART WESLEY J
  • Previous Owner : CURTIS ROBERT W
  • Previous Owner 2: CURTIS PATTI T
  • Owner Before Previous Owner: BROWN DEBORAH L
  • Owner Before Previous Owner 2: DAVIS JERRY G

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002605

Zoning

  • Zoning: C1

Geography

  • Parcel: 30808-431-010
  • Block: 17
  • Lot: 4
  • Meridian: SEC 08 TWN 04S RNG 15W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.1604
  • Longitude: -85.7776

    Address

  • Full Address: 7420 Thomas Dr
  • Legal Unit: 16
  • Address - House Number: 7420
  • Address - Street Name: Thomas
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City
  • Carrier Code: C088
  • 4-Digit Zip Code: 7584
  • Zip Code: 32408

Valuation

    Tax

  • Total Area: 2,527
  • Tax Year: 2023
  • Tax Amount: $6,160
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.0983
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 90
  • Final Value: 984,618
  • High Value: 1,081,471
  • Low Value: 887,764

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $283,553
  • First Open Lien Mortgage Lender: UNIVERSITY LENDING GROUP LLC
  • First Open Lien Mortgage Recording Date: May 08, 2015
  • First Open Lien Mortgage Loan Amount: $283,553
  • 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: Jun 01, 2045

    Market Valuation

  • Market Total Value: $533,187
  • Market Land Value: $70,560
  • Market Improvement Value: $462,627

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $455,409

    Sales

  • Current Sale Contract Date: May 01, 2015
  • Current Sale Recording Date: May 08, 2015
  • Current Sale Transaction ID: 1216434141
  • Current Sale Price: $415,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015024985
  • Previous Sale Recording Date: Mar 15, 2005
  • Previous Sale Contract Date: Mar 07, 2005
  • Previous Sale Amount: $470,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSITY LENDING GROUP LLC
  • First Mortgage Transaction Date: May 08, 2015
  • First Mortgage Loan Amount: $283,553
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Mar 15, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $359,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 01, 2035

About Holiday Beach



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Frequently Asked Questions

What neighborhood is 7420 Thomas Drive located in?
The 7420 Thomas Drive is a located in the neighborhood of Holiday Beach in Holiday Beach, Panama City.
What is the average sales price for listings in 7420 Thomas Drive?
The average sales price for units in 7420 Thomas Drive is $0 currently.

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