$164,000
SOLD AUG 11, 2014

107 N Cove Ln Panama City, FL 32401

3 Beds
2 Baths
1,496 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$110 Per Sq Ft

8% Below List Price

167 Days on Market

Highlights

  • Screened Pool
  • No HOA
  • Recessed Lighting
  • Florida Architecture
  • Living Room
  • Central Heating and Cooling System

About This Home

As of October 2021

GREAT PRICE REDUCTION on this Cozy Cove cottage with 3 bedrooms and 2 full baths on a gorgeous lot with beautiful trees and an in-ground screened-in SWIMMING POOL! This home was built in 1950 but has had continuous updates. The home has the original wood floors in most of the areas. The sellers have added a beautiful tiled bonus room off the kitchen that is perfect for a dining room, large office, or sunroom. This home has an updated kitchen with wood cabinetry, GAS STOVE and plenty of counter space. The bedrooms are spacious and the master bedroom had a bonus area added to include a larger closet and master bath with tile shower. The home features warm natural light but offers a lovely shaded lot with rustic landscaping and beautiful oak trees. The sparkling swimming pool is

Last Agent to Sell the Property

Lisa Suggs

Coldwell Banker Carroll Realty License #3162947 Listed on: 01/17/2014

Coldwell Banker Carroll Realty

Last Buyer's Agent

Louie Gigis

White Silver Sands Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $933

Year Built

  • Built in 1950

Lot Details

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

Parking

  • Garage

Home Design

  • Florida Architecture
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,496 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Living Room
  • Dining Room
  • Gas Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • Screened Pool
  • In Ground Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Cove Terrace Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / 92

Home Details

Home Type

Single Family

Est. Annual Taxes

$933

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
  • Architectural Style: Florida
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Range, Gas Water Heater, Refrigerator
  • Interior Amenities: Recessed Lighting
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1496.0
  • Dining Room Type: Bedroom, Dining Room, Garage, Kitchen, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: In Ground, Screen Enclosure, Pool
  • Fencing: Chain Link, Fenced
  • Construction Type: Wood Siding
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Garage
  • Garage: Yes

Utilities

  • Utilities: Cable Connected, Water Connected
  • Cooling: Central Air, Electric
  • Heating: Central, Natural Gas
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Zoning Description: Resid Single Family

Tax Info

  • Tax Annual Amount: 933.0
  • Tax Block: 92
  • Tax Lot: 9
  • Tax Year: 2013

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2021
Sold by
Doolittle Thomas Allen and Doolittle Renee Souther
Bought by
Lovingood Brian and Lovingood Mickala
Current Estimated Value
$402,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Outstanding Balance
$289,410
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$113,175

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
8.45%
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $316,000 Mti Title Insurance Agcy Inc
Warranty Deed $70,000 Mti Title Insurance Agcy Inc
Warranty Deed $164,000 Omega Title Llc
Interfamily Deed Transfer -- Attorney
Warranty Deed $163,000 Acquire Land Title Pcb Llc
Warranty Deed $42,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $316,000 VA
Previous Owner $140,000 New Conventional
Previous Owner $155,800 New Conventional
Previous Owner $115,172 New Conventional
Previous Owner $40,750 Stand Alone Second
Previous Owner $122,250 Purchase Money Mortgage
Previous Owner $115,000 Unknown
Previous Owner $88,000 Unknown
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: 616281

Central Panhandle Association of REALTORS®

APN: 21931-000-000