$320,000
SOLD MAY 30, 2025

2817 E 16th St Panama City, FL 32405

3 Beds
2 Baths
1,600 Sq Ft
0.27 Acres

Recently Sold

$200 Per Sq Ft

6% Below List Price

280 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating and Cooling System
  • Family Room
  • No HOA
  • 2 Car Garage
  • 1-Story Property

About This Home

As of May 2025

Discover this stunning, newly built modern home! With 1,600 sqft of modern, open-concept living, it features 3 beds, 2 baths, a very spacious patio, and a double garage. Nestled in a serene yet central location, it's perfect for entertaining and everyday comfort. Plus, The seller is open to making your transition smooth and include a home warranty. Don't wait--call your favorite realtor today!

Last Agent to Sell the Property

Nieves Martinez

Xcellence Realty Listed on: 07/24/2024

Xcellence Realty

Last Buyer's Agent

Melanie Allen

Corcoran Reverie License #3603

Corcoran Reverie

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $248

Year Built

  • Built in 2024

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 61x198

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Family Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Cedar Grove Elementary School
  • Rutherford Middle School
  • Rutherford High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$248

Year Built

Built in 2024

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2024
  • Property Sub Type: Detached
  • Lot Size Acres: 0.27
  • Lot Size: 61x198
  • Subdivision Name: [No Recorded Subdiv]
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: NewHome

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1600.0
  • Dining Room Type: Bedroom, Family Room, Primary Bedroom
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2.0
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Rutherford Middle

Lot Info

  • Lot Size Sq Ft: 11761.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 248.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Cedar Grove
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
May 30, 2025
Sold by
Dan Homes Llc
Bought by
Smith Janice
Seller's Agent
Nieves Martinez
Xcellence Realty
Buyer's Agent
Melanie Allen
Corcoran Reverie
List Price
$340,000
Sold Price
$320,000
Premium/Discount to List
-$20,000
-5.88%
Views
80
Current Estimated Value
$311,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,718
Avg. Annual Appreciation
-10.46%
Original Mortgage
$130,000
Outstanding Balance
$129,779
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$181,503

Purchase Details

Listed on
Oct 24, 2023
Closed on
Feb 2, 2024
Sold by
Platinum Investors Llc
Bought by
Dan Homes Llc
Seller's Agent
Justin Cater LLC
EXP Realty LLC
Buyer's Agent
Nieves Martinez
Xcellence Realty
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
279.65%
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 $320,000 South Oak Title
Warranty Deed $110,000 Burg Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $320,000 -4.9% $200 / Sq Ft
05/01/2025 05/01/25 Pending -- -- --
04/14/2025 04/14/25 Price Changed $336,400 0.0% $210 / Sq Ft
02/21/2025 02/21/25 Price Changed $336,500 -0.1% $210 / Sq Ft
01/31/2025 01/31/25 Price Changed $337,000 -0.3% $211 / Sq Ft
01/15/2025 01/15/25 Price Changed $338,000 -0.6% $211 / Sq Ft
01/07/2025 01/07/25 For Sale $340,000 0.0% $213 / Sq Ft
01/07/2025 01/07/25 Price Changed $340,000 -1.7% $213 / Sq Ft
01/06/2025 01/06/25 Off Market $345,900 -- --
12/17/2024 12/17/24 Price Changed $345,900 -0.9% $216 / Sq Ft
12/09/2024 12/09/24 Price Changed $349,000 -0.4% $218 / Sq Ft
11/19/2024 11/19/24 Price Changed $350,500 -0.4% $219 / Sq Ft
09/19/2024 09/19/24 Price Changed $352,000 -1.4% $220 / Sq Ft
09/04/2024 09/04/24 Price Changed $356,900 -0.8% $223 / Sq Ft
08/14/2024 08/14/24 Price Changed $359,900 -1.4% $225 / Sq Ft
07/24/2024 07/24/24 For Sale $365,000 +563.6% $228 / Sq Ft
02/02/2024 02/02/24 Sold $55,000 -8.3% --
01/24/2024 01/24/24 Pending -- -- --
01/14/2024 01/14/24 For Sale $60,000 -- --
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 $248 $20,667 -- --
2023 $248 $18,788 $21,185 $0
2022 $197 $17,080 $17,080 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 760403

Central Panhandle Association of REALTORS®

APN: 14864-002-020