NOT LISTED FOR SALE

1005 S Comet Ave Panama City, FL 32404

Estimated Value: $173,000 - $268,000

4 Beds
2 Baths
1,564 Sq Ft
$153/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $252,500 $161 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,472/month

91 Days on Market

Highlights

  • 1.03 Acre Lot
  • Traditional Architecture
  • Converted Garage
  • Newly Painted Property
  • No HOA
  • Central Air

About This Home

As of March 2024

FULLY RENOVATED HOME just 10 minutes from Tyndall Air Force Base! Sits on over an ACRE lot which is extremely rare in town! This home has a BRAND new AC, windows, water heater, stainless steel appliances, light fixtures, ceiling fans and new flooring throughout. Freshly painted inside and out. The fully remodeled kitchen includes new white cabinets. The house has a large bonus room aside from the three bedrooms that could be a 4th bedroom or family room. There is no HOA and you'll have plenty of privacy in this house and neighborhood. The driveway is wide and long enough to accommodate your boat and/or RV. You'll be close to multiple public boat ramps. Both Mexico Beach and Panama City Beach is about 25 minutes drive! Don't wait to see this house! Flood Zone X. No HOA.

Last Agent to Sell the Property

Khuslen Erkhbayar

World Impact Real Estate License #SL3470896 Listed on: 11/15/2023

World Impact Real Estate

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,504

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 150x300
  • Zoning described as City,Resid Single Family

Home Design

  • Traditional Architecture
  • Newly Painted Property
  • Stone

Interior Spaces

  • 1,564 Sq Ft Home
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • Converted Garage
  • Driveway

Schools

  • Parker Elementary School
  • Rutherford Middle School
  • Rutherford High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • East Bay Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,504

Year Built

Built in 1956 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • Property Sub Type: Detached
  • Lot Size Acres: 1.03
  • Lot Size: 150x300
  • Road Frontage Type: City Street
  • Subdivision Name: East Bay Park
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Interior Amenities: New Paint, Remodeled
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1564.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No
  • Construction Type: Stone
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Covered, Carport, Driveway, Converted Garage
  • Garage: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Rutherford Middle

Lot Info

  • Lot Size Sq Ft: 44867.0
  • Zoning Description: City,Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1504.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Parker
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Mar 20, 2024
Sold by
Lynum Enterprises Llc
Bought by
Crosspoint Capital Llc
Seller's Agent
Khuslen Erkhbayar
World Impact Real Estate
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$274,999
Sold Price
$252,500
Premium/Discount to List
-$22,499
-8.18%
Views
139
Current Estimated Value
$238,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,837
Avg. Annual Appreciation
-3.84%
Original Mortgage
$189,375
Outstanding Balance
$186,596
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$52,067

Purchase Details

Listed on
Jun 16, 2023
Closed on
Jul 10, 2023
Sold by
Carrington Mortgage Services Llc
Bought by
Lynum Enterprises Llc
Seller's Agent
Scott Seidler - TheConnectionTeam
Keller Williams Success Realty
Buyer's Agent
Scott Seidler
Weekly Homes Realty Company
List Price
$139,900
Sold Price
$131,000
Premium/Discount to List
-$8,900
-6.36%
Views
367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
178.80%
Original Mortgage
$170,050
Interest Rate
6.69%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 11, 2022
Sold by
Carrington Mortgage Services Llc
Bought by
First Guaranty Mortgage Corporation

Purchase Details

Listed on
Dec 27, 2013
Closed on
May 22, 2014
Sold by
Capitala Holdings Llc
Bought by
Latiolais Zachary E
Seller's Agent
Donna Stokes
Top Producers Real Estate Ctr
Buyer's Agent
John Shook
Exit Innovative Realty
List Price
$139,500
Sold Price
$134,500
Premium/Discount to List
-$5,000
-3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Original Mortgage
$137,244
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2013
Closed on
Oct 7, 2013
Sold by
Fannie Mae
Bought by
Capitala Holdings Llc
Seller's Agent
John McCrory
Bay Heritage Realty, LLC
Buyer's Agent
Donna Stokes
RE/MAX Real Estate Center
List Price
$59,900
Sold Price
$52,000
Premium/Discount to List
-$7,900
-13.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
363.10%

Purchase Details

Closed on
Jul 9, 2013
Sold by
Bethea Byron and Ervin Nancy
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 4, 2007
Sold by
Avitia Michael F and Avitia Cathy M
Bought by
Bethea Byron and Ervin Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2005
Sold by
Cooke Brian C and Cooke Marjorie J
Bought by
Avitia Michael F and Avitia Cathy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,500
Interest Rate
8.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Crosspoint Capital Llc $252,500 Mti Title
Lynum Enterprises Llc $131,000 None Listed On Document
First Guaranty Mortgage Corporation -- --
Latiolais Zachary E $134,500 Attorney
Capitala Holdings Llc $52,000 Attorney
Federal National Mortgage Association -- None Available
Bethea Byron $150,000 Lawyers Title Ins
Avitia Michael F $105,500 Acquire Land Title Pc Ii Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crosspoint Capital Llc $189,375
Previous Owner Lynum Enterprises Llc $170,050
Previous Owner Latiolais Zachary E $137,244
Previous Owner Bethea Byron $150,000
Previous Owner Avitia Michael F $105,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $252,500 -3.8% $161 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
01/29/2024 01/29/24 Price Changed $262,499 -0.9% $168 / Sq Ft
01/18/2024 01/18/24 Price Changed $264,999 -1.1% $169 / Sq Ft
01/05/2024 01/05/24 Price Changed $267,999 -2.5% $171 / Sq Ft
11/16/2023 11/16/23 For Sale $274,999 +109.9% $176 / Sq Ft
07/31/2023 07/31/23 Sold $131,000 -6.4% $84 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $139,900 +4.0% $89 / Sq Ft
06/20/2022 06/20/22 Off Market $134,500 -- --
06/20/2022 06/20/22 Off Market $52,000 -- --
05/23/2014 05/23/14 Sold $134,500 -3.6% $86 / Sq Ft
04/08/2014 04/08/14 Pending -- -- --
12/27/2013 12/27/13 For Sale $139,500 +168.3% $89 / Sq Ft
10/07/2013 10/07/13 Sold $52,000 -13.2% $33 / Sq Ft
09/18/2013 09/18/13 Pending -- -- --
08/20/2013 08/20/13 For Sale $59,900 -- $38 / 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 $2,052 $115,340 $56,430 $58,910
2023 $2,052 $147,696 $68,400 $79,296
2022 $1,504 $116,442 $44,460 $71,982
2021 $1,498 $112,983 $42,750 $70,233
2020 $899 $106,009 $41,040 $64,969
2019 $905 $106,574 $41,040 $65,534
2018 $954 $112,632 $0 $0
2017 $997 $113,197 $0 $0
2016 $1,020 $113,078 $0 $0
2015 $1,074 $114,156 $0 $0
2014 $1,526 $108,763 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 749348

Central Panhandle Association of REALTORS®

APN: 07304-000-000