NOT LISTED FOR SALE

Estimated Value: $65,000 - $466,000

0.37 Acre
$605,405 Price per Acre
16,117 Sq Ft Lot

Last Sold February 28, 2024

Last sale price $110,000

Est. 105% increase in value since last sale

Current estimated payment $1,277/month

106 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • 0.37 Acre Lot
  • No HOA
  • Property fronts a bayou

About This Lot

As of February 2024

Large waterfront lot with great views. Residential Zoning. Near Downtown Panama City and Hospitals. The vacant lot has a 60' frontage on Watson Bayou. Buyer to confirm all aspects of lot size, function, improvements, and general use, including waterways and boat access. Seller Financing Available. Approved builder plans are available for purchase.

Last Agent to Sell the Property

Tanya Childs

Beachy Beach Real Estate License #SL3458754 Listed on: 11/01/2023

Beachy Beach Real Estate

Co-Listed By

Scott Childs

Beachy Beach Real Estate

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $506

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 80 x 170
  • Property fronts a bayou
  • Cleared Lot

Property Views

  • Bayou Views

Schools

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

Community Details

Overview

  • No Home Owners Association
  • Glenwood Addition Subdivision

Recreation

  • Water access To Gulf or Ocean

Property Details

Property Type

Land

Est. Annual Taxes

$506

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.37
  • Lot Size: 80 x 170
  • Road Surface Type: Paved
  • Co List Office Mls Id: BBBI
  • Co List Office Phone: (850) 233-4351
  • Subdivision Name: Glenwood Addition
  • ResoPropertyType: Land
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • View: Bayou
  • Waterfront Features: Bayou, Gulf Access, Waterfront
  • Waterfront: Yes

Utilities

  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Cleared, Waterfront
  • Lot Size Sq Ft: 16150.0
  • Zoning Description: Resid Single Family

Tax Info

  • Tax Annual Amount: 506.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Feb 28, 2024
Sold by
Almodovar Bryan
Bought by
Reynolds Matthew J and Powell Riley C
Seller's Agent
Tanya Childs
Beachy Beach Real Estate
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$135,000
Sold Price
$110,000
Premium/Discount to List
-$25,000
-18.52%
Views
86
Current Estimated Value
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,000
Avg. Annual Appreciation
63.86%

Purchase Details

Listed on
Dec 2, 2022
Closed on
May 9, 2023
Sold by
Elzawahry Family Limited Partnership Llc
Bought by
Almodovar Bryan
Seller's Agent
Dennis Nelson
Keller Williams Success Realty
Buyer's Agent
Tanya Childs
Beachy Beach Real Estate
List Price
$59,900
Sold Price
$45,000
Premium/Discount to List
-$14,900
-24.87%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
201.46%

Purchase Details

Closed on
Sep 21, 2018
Sold by
Elzawahry Family Investme Nts Llc
Bought by
Oreilly Dean F and Oreilly Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
4.65%

Purchase Details

Closed on
Aug 31, 2018
Sold by
Elzawahry Family Investme Nts Llc
Bought by
Deraad Angela and Deraad Curt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
4.65%

Purchase Details

Closed on
Aug 15, 2018
Sold by
Elzawahry Family Investme Nts Llc and Elzawahry Family Limited Partnership
Bought by
Chitwood Robyne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
4.65%
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
Reynolds Matthew J $110,000 Setco Services
Reynolds Matthew J $110,000 Setco Services
Almodovar Bryan $45,000 South Oak Title
Oreilly Dean F $230,000 --
Deraad Angela $230,000 --
Chitwood Robyne $229,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Matthew Jeffrey $330,000
Previous Owner Chitwood Robyne $184,000
Previous Owner Chitwood Robyne --
Previous Owner Chitwood Robyne $172,500
Previous Owner Chitwood Robyne --
Previous Owner Chitwood Robyne --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $110,000 -18.5% --
02/16/2024 02/16/24 Pending -- -- --
11/01/2023 11/01/23 For Sale $135,000 +200.0% --
05/09/2023 05/09/23 Sold $45,000 -24.9% --
04/26/2023 04/26/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $59,900 0.0% --
01/22/2023 01/22/23 Off Market $59,900 -- --
12/02/2022 12/02/22 For Sale $59,900 -- --
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 $536 $32,659 $32,659 --
2023 $536 $21,168 $21,168 $0
2022 $506 $19,958 $19,958 $0
2021 $506 $19,958 $19,958 $0
2020 $506 $19,656 $19,656 $0
2019 $318 $19,656 $19,656 $0
2018 $298 $19,656 $0 $0
2017 $295 $19,656 $0 $0
2016 $301 $19,656 $0 $0
2015 $310 $19,656 $0 $0
2014 $340 $21,772 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 748677

Central Panhandle Association of REALTORS®

APN: 16601-000-000