NOT LISTED FOR SALE

1008 E 2nd Place Panama City, FL 32401

Estimated Value: $283,000 - $401,000

4 Beds
2 Baths
1,840 Sq Ft
$186/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $310,000 $168 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,257/month

120 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Kitchen Island
  • Outdoor Fireplace
  • Living Room
  • Central Heating and Cooling System

About This Home

As of April 2024

PRICE ADJUSTMENT!!! Come look at this totally remodeled home, with four bedrooms and two baths, fireplace, open floor plan sitting in a corner lot. Centrally located close to Cherry, Jinks and Bay Schools, and short drive to Tyndall AFB as well as downtown. New metal roof, both inside and outside AC units are new. All kitchen appliances and water heater are also new. Driveway allows for six vehicles and it has a great patio for playground, BBQ, pets and much more. Don't miss this opportunity to purchase this home before its. gone!

Last Agent to Sell the Property

Terry Lamm

RC Real Estate Group License #3277373 Listed on: 10/27/2023

Co-Listed By

Non Member

NON-MEMBER OFFICE

Last Buyer's Agent

The Lawrence Group

Keller Williams Success Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,193

Year Built

  • Built in 1950

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 85x192

Parking

  • Carport

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • Fireplace
  • Family Room
  • Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Outdoor Fireplace
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Cove Terrace Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,193

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Detached
  • Lot Size Acres: 0.38
  • Lot Size: 85x192
  • Road Frontage Type: City Street
  • Co List Office Mls Id: BNON
  • Subdivision Name: Cove Terrace
  • Architectural Style: Contemporary
  • 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, Disposal, Microwave, Refrigerator
  • Interior Amenities: Fireplace, Kitchen Island
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Outside
  • Fireplace: Yes
  • Living Area: 1840.0
  • Dining Room Type: Bedroom, Family Room, Full Bath, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Carport
  • Garage: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Available
  • 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: Jinks

Lot Info

  • Lot Size Sq Ft: 16553.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 5193.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Apr 5, 2024
Sold by
Aolg Remodeling Llc
Bought by
Brown Shaun E and Brown Elizabeth
Seller's Agent
Terry Lamm
RC Real Estate Group
Buyer's Agent
The Lawrence Group
Keller Williams Success Realty
List Price
$305,000
Sold Price
$310,000
Premium/Discount to List
$5,000
1.64%
Views
85
Current Estimated Value
$342,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,139
Avg. Annual Appreciation
6.48%
Original Mortgage
$320,230
Outstanding Balance
$315,500
Interest Rate
6.94%
Mortgage Type
VA
Estimated Equity
$26,640

Purchase Details

Closed on
Feb 14, 2020
Sold by
Godwin Miles
Bought by
World Developers Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 25, 2017
Sold by
Thompson Elizabeth and Mincy Lyndsey
Bought by
Godwin Miles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2017
Bought by
Thompson Elizabeth Diane
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
Brown Shaun E $310,000 Florida Legacy Title
Brown Shaun E $310,000 Florida Legacy Title
World Developers Group Llc $105,000 Attorney
Godwin Miles $160,000 Attorney
Thompson Elizabeth Diane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Shaun E $320,230
Closed Brown Shaun E $320,230
Previous Owner World Developers Group Llc $187,500
Previous Owner Godwin Miles $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2024 04/05/24 Sold $310,000 +1.6% $168 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $305,000 0.0% $166 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
01/11/2024 01/11/24 Price Changed $305,000 -3.2% $166 / Sq Ft
10/28/2023 10/28/23 For Sale $315,000 +61.5% $171 / Sq Ft
09/05/2022 09/05/22 Off Market $195,000 -- --
06/06/2022 06/06/22 Sold $195,000 +3.2% $106 / Sq Ft View Prior Sale
05/02/2022 05/02/22 For Sale $189,000 -- $103 / 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 $5,588 $305,613 $73,732 $231,881
2023 $5,588 $328,450 $63,654 $264,796
2022 $2,041 $99,934 $0 $0
2021 $1,632 $91,377 $53,575 $37,802
2020 $723 $67,774 $51,984 $15,790
2019 $504 $66,788 $49,862 $16,926
2018 $1,458 $136,205 $0 $0
2017 $465 $64,251 $0 $0
2016 $467 $62,929 $0 $0
2015 $481 $62,492 $0 $0
2014 $474 $61,996 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 748514

Central Panhandle Association of REALTORS®

APN: 21987-000-000