NOT LISTED FOR SALE

118 Arlington Dr Panama City, FL 32404

Estimated Value: $290,000 - $332,328

0.32 Acre
$984,631 Price per Acre
13,939 Sq Ft Lot

Last Sold April 14, 2022

Last sale price $36,000 $17 Per Sq Ft

Est. 775% increase in value since last sale

Current estimated payment $1,763/month

4 Days on Market

Highlights

  • Lake View
  • No HOA
  • Interior Lot

About This Lot

As of April 2022

Currently under contract seller acceptung backup offers. Multiple offer situation. All offers due by 5:00pm Thursday March 3rd. Perfect for building your dream home, this lot has water views of lake Martin. Home damaged in Hurricane Michael was removed and lot is cleared and ready for you to build. Water, sewer, and electric are available, the lot is in an X flood zone, and no HOA. Cherry Hill is located close to Tyndall Air Force Base, boat landings, shopping, restaurants, parks, and a short dive to area beaches. All information is approximate and should be verified by buyers if important

Last Agent to Sell the Property

Beth Christie

Coldwell Banker Realty License #3065345 Listed on: 03/01/2022

Last Buyer's Agent

Bruce Bush

Prudential Shimmering Sands

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $556

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 91x155
  • Interior Lot
  • Cleared Lot

Property Views

  • Lake Views

Schools

  • Parker Elementary School
  • Everitt Middle School
  • Rutherford High School

Community Details

  • No Home Owners Association
  • Cherry Hill Unit 1 Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$556

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.32
  • Lot Size: 91x155
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Cherry Hill Unit 1
  • ResoPropertyType: Land
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • View: Lake
  • View: Yes
  • Waterfront: No

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Everitt

Lot Info

  • Lot Features: Cleared, Interior Lot, Subdivision
  • Lot Size Sq Ft: 14070.0
  • Zoning Description: Resid Single Family

MLS Schools

  • Elementary School: Parker
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2023
Sold by
Bruce Bush Construction Inc
Bought by
Bush Ricky Bruce
Current Estimated Value
$315,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Outstanding Balance
$257,208
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$57,874

Purchase Details

Listed on
Feb 22, 2016
Closed on
May 24, 2016
Sold by
Clark Lunell Rogers and Johnson Lunell Rogers
Bought by
Steele Amber M
Seller's Agent
Laura Hartzog
Coldwell Banker Realty
Buyer's Agent
Beth Christie
ARVIDA REALTY SERVICES INC
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.04%
Original Mortgage
$12,350
Interest Rate
3.59%
Mortgage Type
VA

Purchase Details

Closed on
Dec 5, 2003
Sold by
Jones Michael D and Jones Sheila V
Bought by
Johnson Lunell Rogers
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
Bush Ricky Bruce $100 Cornerstone Title
Steele Amber M $110,000 Omega Title Llc
Johnson Lunell Rogers $100,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bush Ricky Bruce $262,000
Previous Owner Bruce Bush Construction Inc $260,000
Previous Owner Steele Amber M $12,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Off Market $36,000 -- --
10/20/2022 10/20/22 Off Market $110,000 -- --
04/14/2022 04/14/22 Sold $36,000 +24.1% $17 / Sq Ft
03/01/2022 03/01/22 For Sale $29,000 -73.6% $13 / Sq Ft
05/24/2016 05/24/16 Sold $110,000 0.0% $51 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $110,000 -- $51 / 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 $556 $251,869 -- --
2023 $556 $25,550 $25,550 $0
2022 $467 $21,323 $21,323 $0
2021 $446 $20,404 $20,404 $0
2020 $366 $18,933 $18,933 $0
2019 $422 $18,382 $18,382 $0
2018 $1,550 $97,284 $0 $0
2017 $1,576 $97,582 $0 $0
2016 $1,686 $102,634 $0 $0
2015 $1,734 $103,309 $0 $0
2014 $1,710 $103,065 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 723021

Central Panhandle Association of REALTORS®

APN: 24740-000-000