$210,000 - $239,000
RENTED JAN 8, 2025

121 N Cove Terrace Dr Panama City, FL 32401

2 Beds
1 Bath
1,030 Sq Ft
$216 Price per Sq Ft

Last Sold July 28, 2014

Last sale price $82,000 $80 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $1,397/month

Highlights

  • Traditional Architecture
  • Porch
  • Tankless Water Heater
  • Wood Flooring
  • Patio
  • Central Heating and Cooling System

About This Home

As of January 2025

Charming 2 bedroom, 1 bath home located in central Panama City-in the Cove. The kitchen is equipped with refrigerator, range, microwave. The home also has a small den that could be used for office space. New Hvac system in 2022. The home features hardwood flooring, and an attached single car garage with washer & dryer connections. Or the garage could be utilized for storage if needed. There is a open back patio. Water, Sewage and garbage included with the rent. This property is Conveniently located to schools, shopping, parks, restaurants, shopping, boat ramps No Pets. Rental Application required.

Last Agent to Rent the Property

Adam Drysdale

St Andrew Shores Realty Serv License #658272 Listed on: 12/18/2024

Co-Listed By

Linda Leach

St Andrew Shores Realty Serv License #3024500

Last Renter's Agent

Adam Drysdale

St Andrew Shores Realty Serv License #658272 Listed on: 12/18/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,206

Year Built

  • 1950

Lot Details

  • Lot Dimensions are 82x85
  • Fenced

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,030 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • Sudduths 4Th Add Subdivision

Listing and Financial Details

  • Security Deposit $1,500
  • Property Available on 12/18/24
  • Tenant pays for grounds care
  • The owner pays for sewer, trash collection, water
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,206

Year Built

1950

Lot Details

0

Parking

1

Rental Info

  • Lease Amount: 1500.0
  • Security Deposit: 1500.0
  • Lease Term: 12 Months
  • Tenant Pays: Grounds Care
  • Available Date: 2024-12-18

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Detached
  • Lot Size: 82x85
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: BLCK
  • Co List Office Phone: (850) 763-0320
  • Subdivision Name: Sudduths 4th Add
  • Architectural Style: Traditional
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: ResidentialLease
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Appliances: Electric Range, Microwave, Refrigerator, Tankless Water Heater, Electric Water Heater
  • Interior Amenities: Unfurnished
  • Owner Pays: Sewer, Trash Collection, Water
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood, Plank, Vinyl
  • Living Area: 1030.0
  • Window Features: Some Window Treatments

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Fence
  • Patio And Porch Features: Open, Patio, Porch
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Driveway, Garage
  • Garage: Yes

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Zoning Description: Resid Single Family

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2014
Closed on
Jul 24, 2014
Sold by
Simons Stacy Elizabeth
Bought by
Fitzpatrick Kimberly and Goldflies David
Seller's Agent
Jeff Nauman
Think Real Estate
Buyer's Agent
Susan Morrison
Anchor Realty Florida
List Price
$88,000
Sold Price
$82,000
Premium/Discount to List
-$6,000
-6.82%
Current Estimated Value
$222,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,563
Avg. Annual Appreciation
9.42%

Purchase Details

Closed on
Aug 24, 2004
Sold by
Kearney Betty and Thoennis Peggy
Bought by
Simons Stacy
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
Fitzpatrick Kimberly $82,000 Diamond Title Agency Inc
Simons Stacy $129,000 Diamond Title Agency Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Rented $1,500 0.0% --
01/08/2025 01/08/25 Under Contract -- -- --
12/18/2024 12/18/24 For Rent $1,500 +15.4% --
06/20/2022 06/20/22 Off Market $1,300 -- --
06/20/2022 06/20/22 Off Market $82,000 -- --
04/22/2021 04/22/21 Rented $1,300 -3.7% --
04/01/2021 04/01/21 Under Contract -- -- --
03/23/2021 03/23/21 For Rent $1,350 0.0% --
07/28/2014 07/28/14 Sold $82,000 -6.8% $51 / Sq Ft
07/13/2014 07/13/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $88,000 -- $55 / 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 $2,206 $106,051 $56,653 $49,398
2023 $2,206 $119,107 $50,867 $69,338
2022 $1,911 $108,279 $45,001 $63,278
2021 $1,704 $92,848 $43,715 $49,133
2020 $1,662 $88,779 $42,992 $45,787
2019 $1,420 $87,855 $41,385 $46,470
2018 $1,574 $103,921 $0 $0
2017 $1,556 $103,801 $0 $0
2016 $1,591 $103,762 $0 $0
2015 $1,612 $102,215 $0 $0
2014 $1,271 $120,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Drysdale

    Landlord's Agent in 2025

    Adam Drysdale

    St Andrew Shores Realty Serv

    (850) 832-2316

    46 Total Sales

    Adam Drysdale
    Section Image

  • L

    Landlord's Co-Listing Agent in 2025

    Linda Leach

    St Andrew Shores Realty Serv

    (850) 774-6234

    17 Total Sales

    Linda Leach
    Section Image
  • Jeff Nauman

    Seller's Agent in 2014

    Jeff Nauman

    Think Real Estate

    (850) 832-1367

    20 Total Sales

    Jeff Nauman
    Section Image
  • Susan Morrison

    Buyer's Agent in 2014

    Susan Morrison

    Anchor Realty Florida

    (850) 624-9696

    140 Total Sales

    Susan Morrison
    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 766321

Central Panhandle Association of REALTORS®

APN: 21318-000-000

Florida Bay County Panama City 32401

121 N Cove Terrace Dr, Panama City, FL

This home is located at 121 N Cove Terrace Dr, Panama City, FL 32401 since 18 December 2024 and is currently priced at $222,563. This property was built in 1950. 121 N Cove Terrace Dr is a home located in Bay County with nearby schools including Merriam Cherry Street Elementary School, Jinks Middle School, and Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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