NOT LISTED FOR SALE

107 N Cove Ln Panama City, FL 32401

Estimated Value: $396,000 - $408,000

3 Beds
2.5 Baths
1,792 Sq Ft
$225/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $316,000 $176 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,520/month

41 Days on Market

Highlights

  • Heated In Ground Pool
  • Contemporary Architecture
  • No HOA
  • Deck
  • Bonus Room
  • Circular Driveway

About This Home

As of October 2021

Under Contract - Taking Backups the phrase 'CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS' 3 BR, 2.5 bath Cove charmer offers inspiring spaces with an exceptional amount of outdoor space. The homeowners installed a new roof in 2019. The home includes a large bonus room that can be used for a guest suite or make it your own private home office. While the updated kitchen boasts open concept and plentiful number of windows for natural light. Stylish custom wood countertops, stone accents, stainless steel appliances and an abundant amount of cabinetry. French doors open onto a massive wooden deck that overlooks the beautiful fenced in backyard, In-ground pool with a heater and a kid's playground set. City maintained access road on backside of property. An outdoor shower is perfe

Last Agent to Sell the Property

Cyndi Cleghorn

Keller Williams Success Realty License #SL3464473 Listed on: 07/28/2021

Keller Williams Success Realty

Last Buyer's Agent

Stanislav Perminov

Jim H Hodges Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,776

Year Built

  • Built in 1950

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75x140
  • Fenced

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Bonus Room
  • Smart Thermostat
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Circular Driveway

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Porch

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Central Air
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Cove Terrace 2Nd Add Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,776

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Detached
  • Lot Size Acres: 0.24
  • Lot Size: 75x140
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Cove Terrace 2nd Add
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater
  • Interior Amenities: Breakfast Bar, Kitchen Island, Pantry, Smart Thermostat
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1792.0
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom, Patio, Porch, Bonus Room
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Pool Features: Gas Heat, In Ground, Private, Pool
  • Fencing: Fenced
  • Pool Private: Yes
  • Waterfront: No
  • Exterior Features: Outdoor Shower, Pool, Patio, Storage
  • Patio And Porch Features: Deck, Open, Porch
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Alley Access, Circular Driveway, Gravel, No Garage
  • Garage: No

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling: Central Air, Ceiling Fan(s), Ductless, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: 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: 10454.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1776.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Oct 4, 2021
Sold by
Doolittle Thomas Allen and Doolittle Renee Souther
Bought by
Lovingood Brian and Lovingood Mickala
Seller's Agent
Cyndi Cleghorn
Keller Williams Success Realty
Buyer's Agent
Stanislav Perminov
Jim H Hodges Realty
List Price
$330,000
Sold Price
$316,000
Premium/Discount to List
-$14,000
-4.24%
Current Estimated Value
$398,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,643
Avg. Annual Appreciation
4.99%
Original Mortgage
$316,000
Outstanding Balance
$291,271
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$89,647

Purchase Details

Closed on
Dec 1, 2020
Sold by
Doolittle Thomas Allen and Doolittle Renee Souther
Bought by
Doolittle Thomas Allen and Doolittle Renee Souther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2014
Closed on
Aug 6, 2014
Sold by
Hebert Karen
Bought by
Souther Renee
Seller's Agent
Lisa Suggs
Coldwell Banker Carroll Realty
Buyer's Agent
Louie Gigis
White Silver Sands Realty
List Price
$179,000
Sold Price
$164,000
Premium/Discount to List
-$15,000
-8.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$155,800
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2011
Sold by
Landsman David and Hebert Karen
Bought by
Hebert Karen and Landsman Karen

Purchase Details

Closed on
Feb 8, 2007
Sold by
Wells Sonja
Bought by
Landsman Dave and Landsman Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,750
Interest Rate
5.86%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 3, 2006
Sold by
Wells Bobby G
Bought by
Wells Sonja B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.8%
Mortgage Type
Unknown
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
Lovingood Brian $316,000 Mti Title Insurance Agcy Inc
Doolittle Thomas Allen $70,000 Mti Title Insurance Agcy Inc
Souther Renee $164,000 Omega Title Llc
Hebert Karen -- Attorney
Landsman Dave $163,000 Acquire Land Title Pcb Llc
Wells Sonja B $42,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovingood Brian $316,000
Previous Owner Doolittle Thomas Allen $140,000
Previous Owner Souther Renee $155,800
Previous Owner Hebert Karen $115,172
Previous Owner Landsman Dave $40,750
Previous Owner Landsman Dave $122,250
Previous Owner Bushnell Mitchell Dudley $115,000
Previous Owner Wells Bobby G $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Off Market $316,000 -- --
06/20/2022 06/20/22 Off Market $164,000 -- --
10/04/2021 10/04/21 Sold $316,000 +0.3% $176 / Sq Ft
08/19/2021 08/19/21 Price Changed $315,000 -4.5% $176 / Sq Ft
07/28/2021 07/28/21 For Sale $330,000 +101.2% $184 / Sq Ft
08/11/2014 08/11/14 Sold $164,000 -8.4% $110 / Sq Ft
07/03/2014 07/03/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $179,000 -- $120 / 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 $4,039 $273,385 -- --
2023 $4,039 $265,422 $0 $0
2022 $3,631 $257,691 $41,160 $216,531
2021 $1,772 $132,924 $0 $0
2020 $1,776 $131,669 $39,322 $92,347
2019 $1,464 $131,370 $37,852 $93,518
2018 $1,397 $132,173 $0 $0
2017 $1,397 $132,608 $0 $0
2016 $1,433 $132,859 $0 $0
2015 $1,465 $131,935 $0 $0
2014 $1,033 $105,037 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 714823

Central Panhandle Association of REALTORS®

APN: 21931-000-000