NOT LISTED FOR SALE

112 Fairway Blvd Unit 109 Panama City Beach, FL 32407

Estimated Value: $170,423 - $173,000

2 Beds
1 Bath
1,200 Sq Ft
$450/mo HOA Fee

Last Sold January 08, 2024

Last sale price $162,000 $135 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,458/month

52 Days on Market

Highlights

  • On Golf Course
  • In Ground Pool
  • Newly Painted Property
  • J.R. Arnold High School Rated A-
  • Clubhouse
  • Porch

About This Home

As of January 2024

Golf course living at its finest and close to the beach! Beautiful and clean condo overlooking the Legacy Golf Course and just a short drive to the beach. This 2 bedroom 1 bath unit has been updated with new stainless appliances. This unit is ground level, no stairs to climb. Amenities include nice pool and community room and a golf coarse in your back yard. No pet or short term rentals allowed.

Last Listed By

James Fisher

Eagle American Realty Group LLC License #3186138 Listed on: 10/16/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $612

Year Built

  • Built in 1972

Lot Details

  • Property fronts a highway
  • On Golf Course
  • Landscaped
  • Cleared Lot

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Newly Painted Property
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,200 Sq Ft Home
  • Garden Windows

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • Paved Parking
  • Parking Lot

Pool

  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Patio
  • Porch

Schools

  • Hutchison Beach Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Electric Water Heater

Community Details

Overview

  • Association fees include management, clubhouse, insurance, legal/accounting, ground maintenance, playground, pool(s), trash
  • Mid-Rise Condominium
  • Leisure #1 Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Golf Course Community
  • Community Pool
  • Park

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$612

Year Built

Built in 1972

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Graded
  • Subdivision Name: Leisure #1 Condo
  • Architectural Style: Mid Rise
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: New Paint
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1200.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • Window Features: Garden Window(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Fenced, Gunite, In Ground, Private, Community, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Concrete, Stucco
  • Exterior Features: Pool, Porch, Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: Paved, Parking Lot
  • Garage: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, Other, Sewer Connected, Water Connected
  • Security Features: Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: 220 Volts

Condo/Co-op/Association

  • Association Fee: 450.0
  • Community Features: Barbecue, Clubhouse, Golf, Other, Park, Pool, See Remarks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Insurance, Legal/Accounting, Maintenance Grounds, Playground, Pool(s), Trash

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Cleared, Landscaped, Level, On Golf Course
  • Zoning Description: City,Commercial,Resid Multi-Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 612.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Jan 5, 2024
Sold by
Lancaster Elbert G
Bought by
Strunz James and Strunz Patricia
Seller's Agent
James Fisher
Eagle American Realty Group LLC
Buyer's Agent
Jo Sapp
Beach King Realty
List Price
$175,000
Sold Price
$162,000
Premium/Discount to List
-$13,000
-7.43%
Total Days on Market
52
Views
169
Current Estimated Value
$171,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,606
Avg. Annual Appreciation
2.57%

Purchase Details

Closed on
Dec 22, 2015
Sold by
Gulf Dreams Llc
Bought by
Lancaster Elbert G

Purchase Details

Listed on
Jun 12, 2013
Closed on
Jul 23, 2013
Sold by
Regions Bank
Bought by
Gulf Dreams Llc
Seller's Agent
Lisa Sample
eXp Realty LLC
Buyer's Agent
Lisa Sample
NON-MEMBER OFFICE
List Price
$54,900
Sold Price
$50,000
Premium/Discount to List
-$4,900
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%
Original Mortgage
$44,500
Interest Rate
3.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 7, 2013
Sold by
Griffis Louise C
Bought by
Regions Bank

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Strunz James $162,000 Mti Title
Lancaster Elbert G $110,000 Omega Title Llc
Gulf Dreams Llc $50,000 None Available
Regions Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gulf Dreams Llc $44,500
Previous Owner Griffis Hugh C $105,000
Previous Owner Griffis Hugh $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2024 01/08/24 Sold $162,000 -7.4% $135 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $175,000 0.0% $146 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $175,000 +250.0% $146 / Sq Ft
06/20/2022 06/20/22 Off Market $50,000 -- --
07/23/2013 07/23/13 Sold $50,000 -8.9% $42 / Sq Ft
06/13/2013 06/13/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $54,900 -- $46 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $601 $155,125 -- $155,125
2023 $601 $187,000 $0 $0
2022 $612 $58,426 $0 $0
2021 $567 $56,724 $0 $0
2020 $505 $102,850 $0 $0
2019 $490 $91,375 $0 $0
2018 $482 $53,663 $0 $0
2017 $339 $52,559 $0 $0
2016 $322 $51,478 $0 $0
2015 $632 $50,788 $0 $0
2014 $631 $50,788 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Central Panhandle Association of REALTORS®

MLS Number: 747978

Central Panhandle Association of REALTORS®

APN: 33984-074-000