$170,000
SOLD DEC 26, 2024

1605 N East Ave Panama City, FL 32405

4 Beds
2 Baths
2,438 Sq Ft
0.46 Acres

Recently Sold

$70 Per Sq Ft

15% Below List Price

280 Days on Market

Highlights

  • Sun or Florida Room
  • No HOA
  • Covered Patio or Porch
  • Corner Lot
  • Home Office
  • Fireplace

About This Home

As of December 2024

Just Reduced! Large ranch style 2438 sqft 4 bedroom 2 bath home on corner lot in central Panama City. Home is situated on a large .45 acre lot with fenced in back yard. The house features a covered carport, spacious living room and kitchen, Florida room, office nook and good size bedrooms. The property is zoned C3A (low density commercial) and would be the perfect place for a home office or business. Property is in need of cosmetic repairs and updating which is reflected by the price. Home is being sold As-Is.

Last Agent to Sell the Property

Daryle Burkey

Coldwell Banker Realty License #3053205 Listed on: 03/15/2024

Coldwell Banker Realty

Co-Listed By

Linda Barfield-Jegg

Coldwell Banker Realty License #0499457

Coldwell Banker Realty

Last Buyer's Agent

Linda Barfield-Jegg

Coldwell Banker Realty License #0499457

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,727

Year Built

  • Built in 1955

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Fenced
  • Corner Lot
  • Zoning described as City,Commercial,Resid Single Family

Parking

  • Carport

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,438 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Home Office
  • Sun or Florida Room
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Cedar Grove Elementary School
  • Mowat Middle School
  • Bay High School

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,727

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Property Sub Type: Detached
  • Lot Size Acres: 0.46
  • Lot Size: 100x200
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: BSA2
  • Co List Office Phone: (850) 234-6696
  • Subdivision Name: [No Recorded Subdiv]
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Gas Cooktop, Gas Oven, Microwave, Refrigerator
  • Interior Amenities: Fireplace
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 2438.0
  • Dining Room Type: Bedroom, Florida Room, Kitchen, Living Room, Primary Bedroom, Office
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Chain Link, Fenced
  • Waterfront: No
  • Construction Type: Block
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Carport
  • Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Water Connected
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric, Fireplace(s)
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Mowat

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 19994.0
  • Zoning Description: City,Commercial,Resid Single Family

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 1727.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Cedar Grove
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Dec 23, 2024
Sold by
Mccullough Fiona J
Bought by
Gulf Financial Solutions Inc
Seller's Agent
Daryle Burkey
Coldwell Banker Realty
Buyer's Agent
Linda Barfield-Jegg
Coldwell Banker Realty
List Price
$199,500
Sold Price
$170,000
Premium/Discount to List
-$29,500
-14.79%
Views
334
Current Estimated Value
$189,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,370
Avg. Annual Appreciation
17.47%
Original Mortgage
$70,000
Outstanding Balance
$69,573
Interest Rate
6.78%
Mortgage Type
Seller Take Back
Estimated Equity
$119,797

Purchase Details

Closed on
Apr 13, 2009
Sold by
Mccullough Joseph P and Mccullough Fiona J
Bought by
Mccullough Fiona J

Purchase Details

Closed on
Jul 22, 2004
Sold by
Bush Robert F and Bush Mary L
Bought by
Mccullough Joseph P and Mccullough Fiona J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $170,000 Cornerstone Title Agency
Interfamily Deed Transfer -- None Available
Warranty Deed $106,000 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $70,000 Seller Take Back
Previous Owner $32,000 Unknown
Previous Owner $35,790 Credit Line Revolving
Previous Owner $64,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2024 12/26/24 Sold $170,000 -5.3% $70 / Sq Ft
12/21/2024 12/21/24 Pending -- -- --
10/02/2024 10/02/24 Price Changed $179,500 -10.0% $74 / Sq Ft
10/01/2024 10/01/24 For Sale $199,500 0.0% $82 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/14/2024 08/14/24 Price Changed $199,500 -7.2% $82 / Sq Ft
07/16/2024 07/16/24 Price Changed $215,000 -4.4% $88 / Sq Ft
06/05/2024 06/05/24 For Sale $225,000 0.0% $92 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $225,000 0.0% $92 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $225,000 -- $92 / 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 $1,727 $133,467 -- --
2023 $1,727 $121,334 $34,560 $117,366
2022 $1,446 $110,304 $0 $0
2021 $1,040 $84,046 $24,300 $59,746
2020 $986 $78,768 $23,220 $55,548
2019 $986 $78,856 $22,680 $56,176
2018 $1,225 $97,362 $0 $0
2017 $1,245 $97,234 $0 $0
2016 $1,286 $97,755 $0 $0
2015 $1,328 $97,735 $0 $0
2014 $1,334 $98,363 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 754301

Central Panhandle Association of REALTORS®

APN: 14607-000-000