NOT LISTED FOR SALE

1031 E 11th St P C Beach, FL 32401

Estimated Value: $50,703 - $132,000

1.21 Acres
$63,575 Price per Acre
52,708 Sq Ft Lot

Last Sold July 22, 2022

Last sale price $49,900

Est. 54% increase in value since last sale

Current estimated payment $491/month

140 Days on Market

About This Lot

As of July 2022

UNDER CONTRACT - TAKING BACK UPS. High visibility corner lot with 70 feet of frontage on 11th Street and 340 feet on Harris ave. Totaling over 1.2 acres this parcel boasts a central location offering many possibilities for future development, residential or commercial. Close to downtown Panama City, shopping, restaurants, and schools. Property is in mixed use-two zoning, with endless possibilities for allowable uses, including single family detached dwellings, storage building, bed and breakfast, attached dwellings up to four units, neighborhood scale commercial uses, retail business etc.

Last Agent to Sell the Property

Maxim Sedov

Keller Williams Success Realty License #3270994 Listed on: 10/04/2021

Keller Williams Success Realty

Last Buyer's Agent

Tucker Painter

Coastal Sun Realty LLC License #SL3392361

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $711

Lot Details

  • 1.21 Acre Lot
  • Lot Dimensions are 70x340
  • Corner Lot

Schools

  • Cedar Grove Elementary School
  • Mowat Middle School
  • Bay High School

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$711

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 1.21
  • Lot Size: 70x340
  • Road Frontage Type: City Street
  • Subdivision Name: No Named Subdivision
  • ResoPropertyType: Land
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Mowat

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 52795.0
  • Zoning Description: Other - See Remarks

Tax Info

  • Tax Annual Amount: 711.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Cedar Grove
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2022
Sold by
Family Beach House Llc
Bought by
Back 40 Land Holdings Llc
Current Estimated Value
$76,926

Purchase Details

Listed on
Oct 4, 2021
Closed on
Jul 22, 2022
Sold by
Sergii Iurasov
Bought by
Family Beach House Llc
Seller's Agent
Maxim Sedov
Keller Williams Success Realty
Buyer's Agent
Tucker Painter
Coastal Sun Realty LLC
List Price
$79,895
Sold Price
$49,900
Premium/Discount to List
-$29,995
-37.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.98%

Purchase Details

Closed on
Aug 28, 2018
Sold by
Na
Bought by
Iurasov Sergii

Purchase Details

Closed on
Jul 25, 2018
Sold by
Powell Melvin J
Bought by
Whitley Trena Marie

Purchase Details

Closed on
Jan 26, 2016
Sold by
County Of Bay
Bought by
Powell Melvin J

Purchase Details

Closed on
May 11, 2005
Sold by
Atzberger John H
Bought by
Tibbs Preston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
10%
Mortgage Type
Seller Take Back
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
Back 40 Land Holdings Llc $45,000 --
Family Beach House Llc $49,900 Mti Title
Iurasov Sergii $5,100 Attorney
Whitley Trena Marie $7,600 None Available
Powell Melvin J $7,500 None Available
Tibbs Preston $45,000 Security Title & Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tibbs Preston $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2022 10/23/22 Off Market $49,900 -- --
07/22/2022 07/22/22 Sold $49,900 0.0% --
05/25/2022 05/25/22 Price Changed $49,900 -16.7% --
05/04/2022 05/04/22 Price Changed $59,900 -14.3% --
04/26/2022 04/26/22 Price Changed $69,900 -12.5% --
03/25/2022 03/25/22 Price Changed $79,894 0.0% --
03/11/2022 03/11/22 For Sale $79,895 0.0% --
02/21/2022 02/21/22 Pending -- -- --
02/14/2022 02/14/22 Price Changed $79,895 0.0% --
01/17/2022 01/17/22 Price Changed $79,896 0.0% --
01/12/2022 01/12/22 Price Changed $79,897 0.0% --
12/20/2021 12/20/21 Price Changed $79,898 0.0% --
12/11/2021 12/11/21 Price Changed $79,899 0.0% --
10/04/2021 10/04/21 For Sale $79,900 -- --
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 $872 $46,474 -- --
2023 $872 $42,249 $42,249 $0
2022 $761 $36,984 $36,984 $0
2021 $737 $34,960 $34,960 $0
2020 $711 $32,752 $32,752 $0
2019 $520 $32,200 $32,200 $0
2018 $482 $31,832 $0 $0
2017 $438 $29,256 $0 $0
2016 $437 $28,520 $0 $0
2015 $450 $28,520 $0 $0
2014 $446 $28,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 717570

Central Panhandle Association of REALTORS®

APN: 16510-000-000