NOT LISTED FOR SALE

1006 Russ Lake Dr Panama City, FL 32404

Estimated Value: $118,000 - $225,176

4 Beds
2 Baths
1,696 Sq Ft
$115/Sq Ft Est. Value

Last Sold April 23, 2019

Last sale price $42,500 $25 Per Sq Ft

Est. 360% increase in value since last sale

Current estimated payment $1,142/month

322 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Dining Room
  • No HOA
  • Central Heating and Cooling System
  • Fenced

About This Home

As of April 2019

PERFECT OPPORTUNITY TO LIVE IN ONE SIDE AND RENT OUT THE OTHER!! Each unit features a kitchen, living/dining combination area, and two bedrooms with one full bath. There is a fenced backyard. Photos provide a snapshot of floor plan, but it does not represent all units.

Last Agent to Sell the Property

Diane Mckay

Coldwell Banker Carroll Realty License #0352531 Listed on: 05/01/2018

Coldwell Banker Carroll Realty

Last Buyer's Agent

Chad Wade

Chad Wade License #BK3422302

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $807

Year Built

  • Built in 1976

Lot Details

  • 7,579 Sq Ft Lot
  • Lot Dimensions are 66 x 115
  • Fenced
  • Corner Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,696 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Fire and Smoke Detector
  • Range Hood
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$807

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1976
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.17
  • Lot Size: 66 x 115
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: [No Recorded Subdiv]
  • Architectural Style: Duplex
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Range Hood
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1696.0
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Kitchen, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Chain Link, Fenced
  • Waterfront: No
  • Construction Type: Brick Veneer
  • Exterior Features: Patio
  • Foundation Details: Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Utilities: Water Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Heating: Central, 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 Features: Corner Lot
  • Lot Size Sq Ft: 7579.0
  • Zoning Description: City

Rental Info

  • Furnished: Unfurnished
  • Lease Term: Month To Month

Tax Info

  • Tax Annual Amount: 807.0
  • Tax Year: 2017

MLS Schools

  • Elementary School: Cedar Grove
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
Apr 18, 2019
Sold by
Vega Darrell
Bought by
Ideal Property Holdings Llc
Seller's Agent
Diane Mckay
Coldwell Banker Carroll Realty
Buyer's Agent
Chad Wade
Chad Wade
List Price
$159,900
Sold Price
$42,500
Premium/Discount to List
-$117,400
-73.42%
Current Estimated Value
$195,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,794
Avg. Annual Appreciation
27.14%
Original Mortgage
$73,490
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 9, 2011
Sold by
Lopez Jose
Bought by
Vega Darrell

Purchase Details

Closed on
May 31, 2005
Sold by
Morris Gerald Frederick
Bought by
Vega Darrell and Perez Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
1.37%
Mortgage Type
Commercial
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
Ideal Property Holdings Llc $42,500 Cornerstone Title Agency Inc
Vega Darrell -- None Available
Vega Darrell $140,000 Lawyers Title Agncy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ideal Property Holdings Llc $150,000
Closed Ideal Property Holdings Llc $1,150,000
Closed Ideal Property Holdings Llc $73,490
Previous Owner Vega Darrell $112,000
Previous Owner Morris Gerald F $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $42,500 -- --
04/23/2019 04/23/19 Sold $42,500 -73.4% $25 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
05/01/2018 05/01/18 For Sale $159,900 -- $94 / 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 $961 $46,960 -- --
2023 $961 $42,691 $13,213 $49,107
2022 $751 $38,810 $11,411 $27,399
2021 $689 $35,290 $10,990 $24,300
2020 $595 $34,630 $10,330 $24,300
2019 $405 $19,661 $10,030 $9,631
2018 $790 $46,394 $0 $0
2017 $807 $46,852 $0 $0
2016 $861 $49,249 $0 $0
2015 $919 $51,886 $0 $0
2014 $1,183 $54,084 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diane Mckay

    Seller's Agent in 2019

    Diane Mckay

    Coldwell Banker Carroll Realty

    (850) 596-1378

    2 in this area

    76 Total Sales

    Diane Mckay
    Section Image

  • C

    Buyer's Agent in 2019

    Chad Wade

    Chad Wade

    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 671419

Central Panhandle Association of REALTORS®

APN: 14979-058-000

Florida Bay County Panama City 32404

1006 Russ Lake Dr, Panama City, FL

This home is located at 1006 Russ Lake Dr, Panama City, FL 32404 since 01 May 2018 and is currently estimated at $195,294, approximately $115 per square foot. This property was built in 1976. 1006 Russ Lake Dr is a home located in Bay County with nearby schools including Parker Elementary School, Rutherford High School, and Everitt Middle 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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