NOT LISTED FOR SALE

Estimated Value: $30,611 - $38,000

0.23 Acre
$150,161 Price per Acre
10,062 Sq Ft Lot

Last Sold March 08, 2024

Last sale price $30,000

Est. 15% increase in value since last sale

Current estimated payment $223/month

4 Days on Market

About This Lot

As of March 2024

Discover the potential of this exceptional lot. This property is zoned R-1 Boasting approximately 84 ft of frontage on Louisiana Ave and a depth of about 101 ft, this 0.231-acre property is an enticing opportunity for development.The prime location offers unmatched convenience, with walking distance access to Bay High School, Harrison Ave, City Transportation, and Bay Town trolley stops. Proximity to Ascension Sacred Heart Bay, Downtown Panama City, and the city's vibrant attractions adds further allure. Positioned in a Panama City Opportunity Zone, this property comes with numerous benefits for savvy investors.Furthermore, this lot seamlessly connects to a commercial property at 1121 MLK Blvd, zoned GC-2 and listed for sale at $70,000. This connection opens up a realm of possibilities, making it an attractive proposition for those considering both residential and commercial ventures. Don't miss out on the potential this unique property holds!

Last Agent to Sell the Property

Heather Neubauer

ERA Neubauer Real Estate Inc License #3257545 Listed on: 02/16/2024

ERA Neubauer Real Estate Inc

Last Buyer's Agent

Clay Dalton

RE/MAX Beaches

RE/MAX Beaches

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $495

Lot Details

  • 10,062 Sq Ft Lot
  • Lot Dimensions are 85x100
  • Zoning described as City,Resid Single Family

Schools

  • Northside Elementary School
  • Jinks Middle School
  • Bay High School

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$495

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 85x100
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: [No Recorded Subdiv]
  • ResoPropertyType: Land
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: None, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Size Sq Ft: 10062.0
  • Zoning Description: City,Resid Single Family

Tax Info

  • Tax Annual Amount: 495.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Northside
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Mar 8, 2024
Sold by
Rogers Columbus L
Bought by
Nola East Investments & Renovations Llc
Seller's Agent
Heather Neubauer
ERA Neubauer Real Estate Inc
Buyer's Agent
Clay Dalton
RE/MAX Beaches
List Price
$36,000
Sold Price
$30,000
Premium/Discount to List
-$6,000
-16.67%
Views
9
Current Estimated Value
$34,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,537
Avg. Annual Appreciation
9.58%
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
Nola East Investments & Renovations Llc $30,000 Diamond Title
Nola E Inv & Renovations Llc $30,000 Diamond Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $30,000 -16.7% --
02/16/2024 02/16/24 For Sale $36,000 -- --
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 $495 $19,032 -- --
2023 $495 $21,129 $21,129 $0
2022 $443 $15,729 $15,729 $0
2021 $428 $14,868 $14,868 $0
2020 $416 $13,929 $13,929 $0
2019 $221 $13,695 $13,695 $0
2018 $205 $13,538 $0 $0
2017 $186 $12,442 $0 $0
2016 $186 $12,130 $0 $0
2015 $191 $12,130 $0 $0
2014 $190 $12,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 752903

Central Panhandle Association of REALTORS®

APN: 16900-010-000