NOT LISTED FOR SALE

2620 S Cedar Ln Panama City, FL 32405

Estimated Value: $37,000 - $156,000

0.17 Acre
$458,824 Price per Acre
7,492 Sq Ft Lot

Last Sold December 13, 2024

Last sale price $38,000

Est. 105% increase in value since last sale

Current estimated payment $437/month

52 Days on Market

About This Lot

As of December 2024

Great building lot centrally located with county water and sewer. Within 10 minutes of 23rd St and about 15-20 minutes from Panama City Beach. This lot is not in a flood zone. Buyer to verify if important.

Last Agent to Sell the Property

Lee Tadlock

Northwest Florida Realty, LLC Listed on: 08/21/2024

Co-Listed By

Donald West

Northwest Florida Realty, LLC License #BK3500469

Last Buyer's Agent

Summer King

Coastal Choice Realty LLC License #3077496

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $186

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 60x125

Schools

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

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$186

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 60X125
  • Road Surface Type: Paved
  • Co List Office Mls Id: BROSE
  • Co List Office Phone: (850) 740-1069
  • Subdivision Name: [No Recorded Subdiv]
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Mowat

Lot Info

  • Lot Size Sq Ft: 7492.0

MLS Schools

  • Elementary School: Cedar Grove
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Jan 16, 2025
Sold by
Cmh Homes Inc
Bought by
Wells Orgretta
Seller's Agent
Lee Tadlock
Northwest Florida Realty, LLC
Buyer's Agent
Summer King
Coastal Choice Realty LLC
List Price
$45,000
Sold Price
$38,000
Premium/Discount to List
-$7,000
-15.56%
Views
9
Current Estimated Value
$78,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,000
Avg. Annual Appreciation
179.36%
Original Mortgage
$158,100
Outstanding Balance
$155,835
Interest Rate
1%
Mortgage Type
New Conventional
Estimated Equity
-$77,835

Purchase Details

Listed on
Aug 21, 2024
Closed on
Dec 13, 2024
Sold by
Ake Living Trust and Ake Anne E
Bought by
Cmh Homes Inc
Seller's Agent
Lee Tadlock
Northwest Florida Realty, LLC
Buyer's Agent
Summer King
Coastal Choice Realty LLC
List Price
$45,000
Sold Price
$38,000
Premium/Discount to List
-$7,000
-15.56%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,100
Outstanding Balance
$155,835
Interest Rate
1%
Mortgage Type
New Conventional
Estimated Equity
-$77,835

Purchase Details

Closed on
Feb 7, 2007
Sold by
Ake William N
Bought by
Ake William N and Ake Anne E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wells Orgretta $155,000 Mti Title
Cmh Homes Inc $38,000 Cornerstone Title Agency
Ake William N -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Orgretta $158,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $38,000 -15.6% --
10/12/2024 10/12/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $45,000 -- --
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 $186 $14,785 -- --
2023 $186 $13,441 $16,581 $150
2022 $141 $12,219 $12,069 $150
2021 $136 $11,430 $11,280 $150
2020 $137 $11,363 $11,280 $83
2019 $136 $11,363 $11,280 $83
2018 $358 $26,156 $0 $0
2017 $364 $26,156 $0 $0
2016 $373 $26,156 $0 $0
2015 $385 $26,156 $0 $0
2014 $384 $26,156 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Lee Tadlock

    Northwest Florida Realty, LLC

    (850) 381-7607

    2 in this area

    63 Total Sales

    Lee Tadlock
    Section Image
  • Donald West

    Seller Co-Listing Agent in 2024

    Donald West

    Northwest Florida Realty, LLC

    (850) 596-3349

    3 in this area

    143 Total Sales

    Donald West
    Section Image

  • S

    Buyer's Agent in 2024

    Summer King

    Coastal Choice Realty LLC

    (850) 624-6404

    1 in this area

    39 Total Sales

    Summer King
    Section Image
See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 761832

Central Panhandle Association of REALTORS®

APN: 14620-000-000

Florida Bay County Panama City 32405

2620 S Cedar Ln, Panama City, FL

This home is located at 2620 S Cedar Ln, Panama City, FL 32405 since 21 August 2024 and is currently estimated at $78,000. 2620 S Cedar Ln is a home located in Bay County with nearby schools including Cedar Grove Elementary School, Mowat Middle School, and Bay High School.

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.

Central Panhandle Association of REALTORS® 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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