Seller's Agent in 2024
Allison Albano
CENTURY 21 AllPoints Realty
(850) 258-0123
9 in this area
58 Total Sales
Regency Towers 5801 Thomas Dr Unit 313 Panama City Beach, FL 32408
Lower Grand Lagoon NeighborhoodEstimated Value: $419,000 - $476,000
2
Beds
2
Baths
1,144
Sq Ft
$999/mo
HOA Fee
Highlights
- Property fronts gulf or ocean
- Furnished
- Elevator
- Patronis Elementary School Rated A-
- Community Pool
- 3-minute walk to Regency Towers Dog Run
About This Home
As of March 2024CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACK UP OFFERS *** Low Floor Alert *** at Regency Towers Condominium. Regency Towers is a favorite vacation destination, known for its location on the beautiful white sand beach of Panama City Beach, and amenities such as two ''Olympic'' sized pools ( one of which is heated ), a kiddie pool, indoor whirlpool spa, poolside/beachside tiki bar serving up food and beverages., fitness center, community room, and various locations to barbecue/grill for a spectacular lunch or dinner in. This two bedroom two bath condo features a gulf front master bedroom with its own private sliding door the covered balcony overlooking the beach and pool, and has been meticulously maintained in excellent condition, as it's used only by the owners, family and friends. This condominium is offered fully furnished ( with exception of the Sellers personal affects/photos ) and has charming coastal details throughout such as the molded shell sinks in both bathrooms and the square tile shower and feature walls that are currently trending. The unit has a deeper than average covered balcony ( allowing for sun and shade ) ideally situated over the heated pool and white sand beach. The kitchen is airy, bright and white, featuring a stainless steel refrigerator and dishwasher. The owners updated the electrical panel in 2022 and had the bathtubs reglazed. Please verify room measurements if important to Buyer.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,742
Year Built
- Built in 1982
Lot Details
- Property fronts gulf or ocean
HOA Fees
- $999 Monthly HOA Fees
Interior Spaces
- 1,144 Sq Ft Home
- Furnished
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Schools
- Patronis Elementary School
- Surfside Middle School
- Arnold High School
Community Details
Overview
- Association fees include insurance, ground maintenance, pool(s), sewer, trash, water
- High-Rise Condominium
- Regency Towers Subdivision
Amenities
- Elevator
Recreation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2024
Closed on
Mar 19, 2024
Sold by
Hood Gregory Philip and Monteon Teresa Hood
Bought by
Rigdon Christopher Ryan
Seller's Agent
Allison Albano
CENTURY 21 AllPoints Realty
Buyer's Agent
Larell Paradise
Christies International Real Estate Emerald Coast
List Price
$485,000
Sold Price
$425,000
Premium/Discount to List
-$60,000
-12.37%
Total Days on Market
21
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,576
Avg. Annual Appreciation
3.36%
Original Mortgage
$361,250
Outstanding Balance
$357,754
Interest Rate
7.25%
Mortgage Type
Construction
Estimated Equity
$82,822
Purchase Details
Closed on
Dec 1, 2014
Sold by
Hood Kenneth H and Hood Carolyn W
Bought by
Monteon Teresa Hood
Purchase Details
Closed on
Jul 7, 2004
Sold by
Britt W H and Britt Paulette B
Bought by
Hood Kenneth H and Hood Carolyn W
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rigdon Christopher Ryan | $425,000 | South Oak Title | |
| Monteon Teresa Hood | -- | None Available | |
| Hood Gregory Philip | -- | Attorney | |
| Hood Kenneth H | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rigdon Christopher Ryan | $361,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2024 03/19/24 | Sold | $425,000 | -12.4% | $372 / Sq Ft |
| 01/11/2024 01/11/24 | For Sale | $485,000 | -- | $424 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Tax History Compared to Growth
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 | $3,742 | $226,270 | -- | -- |
| 2023 | $3,742 | $205,700 | $0 | $411,825 |
| 2022 | $2,811 | $187,000 | $0 | $0 |
| 2021 | $2,340 | $174,845 | $0 | $0 |
| 2020 | $2,125 | $184,237 | $0 | $184,237 |
| 2019 | $1,820 | $144,500 | $0 | $144,500 |
| 2018 | $2,168 | $170,000 | $0 | $0 |
| 2017 | $2,086 | $162,350 | $0 | $0 |
| 2016 | $2,113 | $161,500 | $0 | $0 |
| 2015 | $2,113 | $157,038 | $0 | $0 |
| 2014 | $2,110 | $157,038 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Allison Albano
-
Larell Paradise
Buyer's Agent in 2024
Larell Paradise
Christies International Real Estate Emerald Coast
(850) 775-7617
39 in this area
84 Total Sales
About Regency Towers
Map
Similar Homes in the area
Source: Central Panhandle Association of REALTORS®
MLS Number: 751199
APN: 32382-206-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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