NOT LISTED FOR SALE

122 Cheri Ln Unit B Panama City, FL 32404

Estimated Value: $117,000 - $146,000

2 Beds
1.5 Baths
972 Sq Ft
$138/Sq Ft Est. Value

Last Sold August 09, 2023

Last sale price $138,000 $142 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $761/month

10 Days on Market

Highlights

  • Newly Painted Property
  • Living Room
  • Central Heating and Cooling System
  • Breakfast Bar
  • Tile Flooring
  • Ceiling Fan

About This Home

As of August 2023

This lovely townhome offers great living space, had new kitchen cabinets & counter tops, flooring, and new roof installed post hurricane Michael. Is conveniently located to Tyndall AFB, and close to shops, restaurants, and 19 miles to the shores of Mexico Beach!

Last Agent to Sell the Property

Karen Smith

Beachy Beach Real Estate License #3102215 Listed on: 05/05/2023

Beachy Beach Real Estate

Last Buyer's Agent

Test Test

ECN - Unknown Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $131

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • 2,614 Sq Ft Lot
  • Street terminates at a dead end

Home Design

  • Newly Painted Property
  • Metal Roof
  • Wood Trim
  • Cement Board or Planked

Interior Spaces

  • 972 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Dryer

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Ice Maker
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Parker Subdivision
  • Fire and Smoke Detector

Listing and Financial Details

  • Assessor Parcel Number 25249-141-000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$131

Year Built

Built in 1984 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Attached Single Unit
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Road Surface Type: Paved
  • Subdivision Name: Parker
  • Directions: South on S Tyndall Pkwy. Right onto Boat Race Road. Right onto Cheri Lane.
  • Architectural Style: Townhome
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1984
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Energy:Ceiling Fans: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Tile, Floor Vinyl, Furnished - None, Newly Painted, Renovated, Washer/Dryer Hookup, Window Treatmnt None
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Lot Features: Dead End, Within 1/2 Mile to Water
  • Construction Type: Roof Metal, Siding CmntFbrHrdBrd, Trim Wood
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • ConstructionSiding:Siding CmntFbrHrdBrd: Yes
  • Lot Features:Dead End: Yes
  • ConstructionSiding:Trim Wood: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water

Schools

  • Elementary School: Parker
  • High School: Rutherford
  • Middle Or Junior School: Rutherford ( Middle )

Lot Info

  • Lot Size Sq Ft: 2613.6
  • Parcel #: 25249-141-000
  • Zoning: Resid Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 131.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Aug 9, 2023
Sold by
Lewis Michael B
Bought by
Ivory Melvin J and Ivory Olivia
Seller's Agent
Karen Smith
Beachy Beach Real Estate
Buyer's Agent
Test Test
ECN - Unknown Office
List Price
$140,000
Sold Price
$138,000
Premium/Discount to List
-$2,000
-1.43%
Views
415
Current Estimated Value
$134,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,505
Avg. Annual Appreciation
0.19%
Original Mortgage
$138,000
Outstanding Balance
$133,255
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$5,301

Purchase Details

Closed on
May 17, 2021
Sold by
Lewis Curtis
Bought by
Lewis Michael

Purchase Details

Closed on
Jun 30, 2020
Sold by
Pate Adam Christopher
Bought by
Lewis Curtis and Lewis Michael

Purchase Details

Closed on
Nov 6, 2019
Sold by
County Of Bay
Bought by
Pate Adam
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
Ivory Melvin J $138,000 Burg Title
Lewis Michael $13,000 Accommodation
Lewis Curtis $7,500 None Available
Pate Adam $6,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ivory Melvin J $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2023 08/09/23 Sold $138,000 -1.4% $142 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $140,000 -- $144 / Sq Ft
Source: Emerald Coast 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 $530 $115,226 $6,210 $109,016
2023 $530 $14,122 $5,490 $68,873
2022 $131 $12,838 $4,500 $8,338
2021 $128 $12,153 $3,960 $8,193
2020 $126 $11,865 $3,420 $8,445
2019 $129 $12,117 $3,420 $8,697
2018 $431 $35,279 $0 $0
2017 $391 $35,531 $0 $0
2016 $407 $35,784 $0 $0
2015 $425 $36,036 $0 $0
2014 $462 $39,244 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 922623

Emerald Coast Association of REALTORS®

APN: 25249-141-000