NOT LISTED FOR SALE

1225 Airport Rd Panama City, FL 32405

Estimated Value: $400,494

-- Bed
-- Bath
2,200 Sq Ft
$182/Sq Ft Est. Value

Last Sold July 06, 2015

Last sale price $200,000 $91 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,450/month

63 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property

About This Home

As of July 2015

Well located in the heart of Panama City's business corridor. Just a block north of 23rd Street, which has high traffic counts. Building is stucco with central heat and air.

Last Agent to Sell the Property

Chris McCall

Counts Real Estate Group Inc Listed on: 03/30/2015

Co-Listed By

Steven Counts

Counts Real Estate Group Inc License #0443865

Last Buyer's Agent

Chris McCall

Coldwell Banker Commercial NRT

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,088

Year Built

  • Built in 1960

Lot Details

  • 8,146

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property

Utilities

  • Central Air
  • 220 Volts

Community Details

  • No Home Owners Association
  • Forest Park 6Th Add Subdivision

Property Details

Property Type

Other

Est. Annual Taxes

$3,088

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1960
  • Property Sub Type: Other
  • Co List Office Mls Id: BSGC
  • Co List Office Phone: (850) 249-3615
  • Subdivision Name: Forest Park 6th Add
  • Unit Levels: One
  • Building Stories: 1
  • ResoPropertyType: CommercialSale
  • Property Sub Type Additional: Other
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Commercial
  • Living Area: 2200.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: 220 Volts

Condo/Co-op/Association

  • Association: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2024
Sold by
Michael M M and Michael Alice L
Bought by
Michael M And Alice L Fuller Revocable Trust and Fuller
Current Estimated Value
$400,494

Purchase Details

Closed on
Sep 6, 2023
Sold by
Quilting By The Bay Inc
Bought by
Paradigm Salon & Spa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,310
Interest Rate
6.81%

Purchase Details

Listed on
Mar 30, 2015
Closed on
Jul 6, 2015
Sold by
Mrg El D Llc
Bought by
Quilting By The Bay Inc
Seller's Agent
Chris McCall
Counts Real Estate Group Inc
Buyer's Agent
Chris McCall
Coldwell Banker Commercial NRT
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$171,293
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 21, 2004
Sold by
Gmg Properties Inc
Bought by
Mrg El D Llc

Purchase Details

Closed on
Aug 4, 2000
Sold by
Grimsley W C
Bought by
Formal Occasions Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
8.12%
Mortgage Type
Seller Take Back
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
Michael M And Alice L Fuller Revocable Trust $100 None Listed On Document
Paradigm Salon & Spa Llc $515,000 South Oak Title
Quilting By The Bay Inc $200,000 First Intl Title Inc
Mrg El D Llc $252,000 --
Formal Occasions Inc $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paradigm Salon & Spa Llc $233,310
Previous Owner Paradigm Salon & Spa Llc $333,300
Previous Owner Paradigm Salon & Spa Llc $233,310
Previous Owner Quilting By The Bay Inc $171,293
Previous Owner Mrg El D Llc $101,954
Previous Owner Gmg Properties Inc $200,000
Previous Owner Formal Occasions Inc $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $200,000 -- --
07/06/2015 07/06/15 Sold $200,000 -11.1% $91 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $225,000 -- $102 / 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 $3,088 $462,337 $65,280 $397,057
2023 $3,088 $170,563 $65,280 $105,283
2022 $2,793 $158,827 $0 $0
2021 $2,605 $144,388 $32,640 $111,748
2020 $2,597 $144,388 $32,640 $111,748
2019 $1,939 $119,986 $32,640 $87,346
2018 $2,364 $156,143 $0 $0
2017 $2,516 $167,898 $0 $0
2016 $2,575 $167,898 $0 $0
2015 $3,154 $179,723 $0 $0
2014 $2,871 $183,615 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 631465

Central Panhandle Association of REALTORS®

APN: 13698-000-000