NOT LISTED FOR SALE

Estimated Value: $757,497

Studio
-- Bath
9,600 Sq Ft
$79/Sq Ft Est. Value

Sale Details

Date Sold: September 28, 2023

Last sale price $755,000 $79 Per Sq Ft

Current estimated payment $5,197 / mo

4 Days on Market

About This Home

As of September 2023

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS!!Historical building located on SW corner of East 4th Street and Luverne in Downtown Panama City. This building is in a prime location for your business. The front glass windows allow for a ton of natural light into the space. This area is zoned Commercial DTD allowing for a variety of uses. Approximately 12,972 SF, which includes 9,600 SF of 1st level GBA. One front side of the building is approximately 3,200 SF h/c space with storage sheds separate entrance, security & gross income of $3,600 per month. Other side could be leased or owner occupied space with approximately 6,400 SF GBA, some heated/cooled; warehouse, etc. Not included in 9,600 SF is the 2nd level loft area or approximately 3,200 SF of space.

Last Agent to Sell the Property

Joan Altenpohl

Coastal Real Estate Group, Inc License #0503302 Listed on: 03/20/2023

Last Buyer's Agent

Kevin Wattenbarger

Five Bridges Real Estate Services Co. LLC License #BK3424407

Property Details

Property Type

  • Other

Year Built

  • Built in 1946

Lot Details

  • 9,583

Schools

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

Additional Features

  • 2-Story Property
  • 9,583 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Gulf Coast Dev Subdivision

Listing and Financial Details

  • Tax Lot 1,2,3

Property Details

Property Type

Other

Year Built

Built in 1946

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1946
  • Property Sub Type: Other
  • Lot Size Acres: 0.22
  • Subdivision Name: Gulf Coast Dev
  • Unit Levels: Two
  • Building Stories: 2
  • Property Sub Type Additional: Other
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Commercial
  • Stories: 2

Exterior Features

  • Waterfront: No

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Mobile Dim Units: Feet

Tax Info

  • Tax Lot: 1,2,3

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Sep 28, 2023
Sold by
Bought by
Seller's Agent
Joan Altenpohl
Coastal Real Estate Group, Inc
Buyer's Agent
Kevin Wattenbarger
Five Bridges Real Estate Services Co. LLC
List Price
$750,000
Sold Price
$755,000
Premium/Discount to List
$5,000
0.67%
Views
10
Current Estimated Value
$757,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,497
Avg. Annual Appreciation
0.12%
Original Mortgage
$604,000
Outstanding Balance
$545,226
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving
Estimated Equity
$212,271
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$755,000 Cornerstone Title
$755,000 Cornerstone Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $604,000
Closed $604,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/28/2023 09/28/23 Sold $755,000 +0.7% $79 / Sq Ft
03/25/2023 03/25/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $750,000 -- $78 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,128 $642,037 $111,360 $530,677
2024 $5,370 $630,857 $111,360 $519,497
2023 $5,370 $259,787 $111,360 $148,427
2022 $4,801 $251,174 $96,000 $155,174
2021 $2,952 $144,225 $96,000 $48,225
2020 $3,208 $156,281 $96,000 $60,281
2019 $2,995 $156,281 $96,000 $60,281
2018 $4,804 $264,787 $0 $0
2017 $4,763 $264,787 $0 $0
2016 $5,408 $294,928 $0 $0
2015 $5,535 $294,928 $0 $0
2014 $6,134 $331,097 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 738996

Central Panhandle Association of REALTORS®

APN: 19626-000-000

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