NOT LISTED FOR SALE

The Cove 100 Cherry St Unit 104 Panama City, FL 32401

South Panama City Neighborhood

Estimated Value: $386,000 - $407,000

3 Beds
2 Baths
1,610 Sq Ft
1975 Built

Last Sold July 29, 2022

Last sale price $390,000 $242 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,374/month

22 Days on Market

Highlights

  • Waterfront
  • Intracoastal View
  • Clubhouse
  • Community Boat Dock
  • In Ground Pool
  • Elevator

About This Home

As of July 2022

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS................What a rare opportunity with this first floor 3-bedroom 2 bath split floorplan at the Cove Condo. Completely gutted to the studs and updated with new electric, floors, windows, doors, kitchen and baths. Absolutely great views plus access to the back lawn for the pets or your afternoon fun. The complex offers community room, swimming pool and boat dock.

Last Agent to Sell the Property

Robbie Hughes

Counts Real Estate Group License #3036117 Listed on: 05/20/2022

Last Buyer's Agent

Robbie Hughes

Counts Real Estate Group License #3036117 Listed on: 05/20/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,675

Year Built

  • Built in 1975

Property Views

Home Design

  • Slab Foundation
  • Tile Roof
  • Membrane Roofing
  • Stucco

Interior Spaces

  • Double Pane Windows
  • Insulated Doors
  • Living Room
  • Electric Cooktop
  • Stacked Washer and Dryer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Paved Parking
  • Parking Lot

Pool

  • In Ground Pool
  • Fence Around Pool

Schools

  • Cherry Street Elementary School
  • Jinks Middle School
  • Bay High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • 50 Units
  • Mid-Rise Condominium
  • Cove Condominium Subdivision
  • 7-Story Property

Amenities

  • Elevator

Recreation

  • Community Boat Dock

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,675

Year Built

Built in 1975

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Property Sub Type: Condominium
  • Lot Size: N/A
  • Road Frontage Type: City Street
  • Subdivision Name: Cove Condominium
  • Architectural Style: Mid Rise
  • Building Stories: 7
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 7

Interior Features

  • Appliances: Washer/Dryer Stacked, Electric Cooktop, Electric Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Flooring: Luxury Vinyl Plank
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom
  • Stories: 7
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Features: Fenced, In Ground, Community
  • Fencing: Partial
  • View: Bay, Intercoastal
  • View: Yes
  • Waterfront Features: Bayfront
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Foundation Details: Slab
  • Roof: Membrane, Tile

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Available, Water Connected
  • Security Features: Fire Sprinkler System, Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Stacked
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Clubhouse, Dock, Elevator, Pool, Waterfront, Bulkhead, Home Owners Association
  • Amenities: Other, See Remarks, Dock
  • Association: Yes

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Paved
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Multi-Family

Multi Family

  • Number Of Units Total: 50
  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 2675.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 29, 2022
Sold by
Littleton Jr Joe M
Bought by
Holland William E and Holland Hannelore
Seller's Agent
Robbie Hughes
Counts Real Estate Group
Buyer's Agent
Robbie Hughes
Counts Real Estate Group
List Price
$415,000
Sold Price
$390,000
Premium/Discount to List
-$25,000
-6.02%
Current Estimated Value
$399,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,577
Avg. Annual Appreciation
0.67%
Original Mortgage
$171,340
Outstanding Balance
$128,599
Interest Rate
5.78%
Mortgage Type
Balloon
Estimated Equity
$270,978

Purchase Details

Closed on
Mar 25, 2021
Sold by
Lloyd Rayford L and Lloyd Rayford L
Bought by
Littleton Joe M

Purchase Details

Closed on
Feb 18, 2014
Sold by
Lloyd Lillie P
Bought by
Rayford L Lloyd Jr Revocable Trust and Lloyd Rayford L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Holland William E $390,000 None Listed On Document
Littleton Joe M $190,000 None Available
Rayford L Lloyd Jr Revocable Trust -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holland William E $171,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2022 10/31/22 Off Market $390,000 -- --
07/29/2022 07/29/22 Sold $390,000 -6.0% $242 / Sq Ft
05/20/2022 05/20/22 For Sale $415,000 -- $258 / Sq Ft
Source: Central Panhandle Association of REALTORS®

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
2025 $3,537 $263,812 -- --
2024 $3,810 $256,377 -- --
2023 $3,810 $248,910 $0 $0
2022 $4,009 $237,572 $0 $237,572
2021 $2,675 $145,416 $0 $145,416
2020 $2,686 $145,416 $0 $145,416
2019 $2,137 $132,196 $0 $132,196
2018 $923 $101,354 $0 $0
2017 $889 $99,269 $0 $0
2016 $878 $97,227 $0 $0
2015 $899 $96,551 $0 $0
2014 $880 $95,785 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Robbie Hughes

    Counts Real Estate Group

See All Agents

About The Cove

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 726918

Central Panhandle Association of REALTORS®

APN: 25678-104-000

Florida Bay County Panama City 32401 South Panama City

100 Cherry St Unit 104, Panama City, FL

Not Listed for Sale

Condos

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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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