NOT LISTED FOR SALE

116 Kacy Ln Unit 116, 118, 134 Panama City, FL 32404

Estimated Value: $123,000 - $197,000

3 Beds
2 Baths
1,092 Sq Ft
$152/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $155,000 $142 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $978/month

About This Home

As of May 2022

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERSFLIPPERS, INVESTORS, looking for cheap fixer uppers? THREE UNITS!! These great properties are located near Tyndall Air Force Base and Eastern Ship Building. Properties have been stripped down and are ready to be brought back to life. 116 , 118, and 134 Kacy Lane are being sold together. According to property appraiser 134 Kacy was a 2/2 with a 1,092 h&c sqft and 116,118 were 3/2's. with 1092, heated and cooled sqft. Call your Realtor today to see this great opportunity.

Last Agent to Sell the Property

Brook Simmons

Keller Williams Success Realty License #3200271/ 3460238 Listed on: 05/02/2022

Keller Williams Success Realty

Last Buyer's Agent

Donna Stokes

RE/MAX Real Estate Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $569

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 36 x 120

Parking

  • Driveway

Home Design

  • Duplex
  • Fixer Upper
  • Stucco

Interior Spaces

  • 1,092 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Callaway Elementary School
  • Rutherford Middle School
  • Rutherford High School

Community Details

  • No Home Owners Association
  • Eastgate Sub Ph I Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$569

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Attached
  • Lot Size: 36 x 120
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Eastgate Sub Ph I
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1092.0
  • Dining Room Type: Bedroom, Living Room, Primary Bathroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No
  • Construction Type: Stucco
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: Driveway
  • Garage: No

Utilities

  • Utilities: Sewer Connected, Water Connected

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Rutherford Middle

Lot Info

  • Zoning Description: City

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 569.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Callaway
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
May 25, 2022
Sold by
Dana Ellis
Bought by
Afara Holdings Llc
Seller's Agent
Brook Simmons
Keller Williams Success Realty
Buyer's Agent
Donna Stokes
RE/MAX Real Estate Center
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%
Current Estimated Value
$166,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,335
Avg. Annual Appreciation
2.19%
Source: Public Records

Range of Values:

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Average Value
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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
Afara Holdings Llc $155,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Afara Holdings Llc $20,000
Previous Owner Gomer Richard W $78,750
Previous Owner Gomer Richard W $101,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 Off Market $155,000 -- --
05/25/2022 05/25/22 Sold $155,000 -3.1% $142 / Sq Ft
05/02/2022 05/02/22 For Sale $159,900 -- $146 / 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 $882 $62,670 $11,048 $51,622
2023 $882 $63,480 $9,709 $53,771
2022 $592 $45,808 $9,039 $36,769
2021 $569 $42,875 $9,039 $33,836
2020 $573 $42,814 $7,666 $35,148
2019 $575 $43,021 $6,562 $36,459
2018 $690 $54,019 $0 $0
2017 $724 $54,605 $0 $0
2016 $764 $56,144 $0 $0
2015 $810 $57,651 $0 $0
2014 $827 $58,956 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 725994

Central Panhandle Association of REALTORS®

APN: 06494-114-000