$250,000
SOLD MAY 23, 2025

124 Rowe Ave Panama City, FL 32401

3 Beds
2 Baths
1,254 Sq Ft
10,498 Sq Ft Lot

Recently Sold

$199 Per Sq Ft

7% Below List Price

87 Days on Market

Highlights

  • Florida Architecture
  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • No HOA
  • Living Room
  • 1-Story Property

About This Home

As of May 2025

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERSThis home had been leased for most of the past year, tenants have vacated to allow for quick sale. It was leased for $1800 per month. Great return on investment with the option at the end of the first year to continue or make changes. Step into a timeless retreat with this classic beauty nestled in the historic Cove neighborhood. Golf cart friendly area or walk a couple blocks to Cherry Street Elementary, this is an amazing neighborhood. Boasting 3 bedrooms and 2 bathrooms, this residence sits on nearly a quarter of an acre, offering an abundance of space and privacy. Enjoy the tranquility of mature trees shading the property, creating a serene ambiance and a picturesque backdrop for outdoor living. With ample parking available both in the front and accessible from the alley out back, convenience is at the forefront of this property's charm. Inside, discover a blend of historic charm and modern comfort, with nice touches and original wood floors throughout. The layout seamlessly connects the living spaces, creating an inviting atmosphere for relaxation and entertainment. Retreat to one of the three spacious bedrooms, each offering ample natural light and cozy comfort for restful nights. The two bathrooms feature classic fixtures providing convenience and style for everyday living. Step outside to the expansive outdoor space, where the possibilities are endless. Whether you're hosting gatherings or simply enjoying a quiet moment in nature, this property offers the perfect backdrop for your lifestyle.

Last Agent to Sell the Property

Rick Miller

Beachy Beach Real Estate License #SL3605176 Listed on: 12/19/2024

Beachy Beach Real Estate

Last Buyer's Agent

Arij Sheikh-Yousef

Counts Real Estate Group Inc License #3520659

Counts Real Estate Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,379

Year Built

  • Built in 1950

Lot Details

  • 10,498 Sq Ft Lot
  • Lot Dimensions are 74x139

Parking

  • 1 Car Attached Garage
  • Driveway
  • Additional Parking

Home Design

  • Florida Architecture

Interior Spaces

  • 1,254 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cove Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,379

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Detached
  • Lot Size Acres: 0.24
  • Lot Size: 74x139
  • Road Frontage Type: Alley, City Street
  • Subdivision Name: Cove
  • Architectural Style: Florida
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1254.0
  • Dining Room Type: Bedroom, Kitchen, Living Room
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Alley Access, Attached, Boat, Driveway, Garage
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Available, Trash Collection
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: 220 Volts

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Size Sq Ft: 10498.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1379.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2024
Closed on
May 23, 2025
Sold by
Swords Kyle
Bought by
Crane Matthew Ryan and Schafer Nicole
Seller's Agent
Rick Miller
Beachy Beach Real Estate
Buyer's Agent
Arij Sheikh-Yousef
Counts Real Estate Group Inc
List Price
$270,000
Sold Price
$250,000
Premium/Discount to List
-$20,000
-7.41%
Views
35
Current Estimated Value
$255,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,210
Avg. Annual Appreciation
7.12%
Original Mortgage
$219,000
Outstanding Balance
$218,417
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$36,793

Purchase Details

Listed on
Jul 4, 2020
Closed on
Aug 31, 2020
Sold by
Kesler Seth Nicholas
Bought by
Swords Kyle
Seller's Agent
Mike Herring
Keller Williams Realty SRB
Buyer's Agent
Non Member Comp Purposes
Non Member Comp Purposes
List Price
$172,000
Sold Price
$172,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$175,956
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Listed on
Aug 1, 2016
Closed on
Feb 17, 2017
Sold by
Shumaker Richard K and Shumaker Audrey L
Bought by
Kesler Seth Nicholas
Seller's Agent
Lisa Rhodes
Counts Real Estate Group
Buyer's Agent
Jeff Payne
100% Real Estate Inc
List Price
$139,500
Sold Price
$135,500
Premium/Discount to List
-$4,000
-2.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $250,000 Provident Title
Warranty Deed $250,000 Provident Title
Warranty Deed $172,000 Mti Title Insurance Agcy Inc
Warranty Deed $135,500 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $219,000 New Conventional
Closed $25,000 No Value Available
Closed $219,000 New Conventional
Previous Owner $175,956 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $250,000 -7.4% $199 / Sq Ft
03/16/2025 03/16/25 Pending -- -- --
03/16/2025 03/16/25 For Sale $270,000 0.0% $215 / Sq Ft
12/19/2024 12/19/24 For Sale $270,000 +99.3% $215 / Sq Ft
07/05/2022 07/05/22 Off Market $135,500 -- --
04/26/2021 04/26/21 Off Market $172,000 -- --
08/31/2020 08/31/20 Sold $172,000 0.0% $137 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/04/2020 07/04/20 For Sale $172,000 +26.9% $137 / Sq Ft
02/17/2017 02/17/17 Sold $135,500 -2.9% $108 / Sq Ft
01/16/2017 01/16/17 Pending -- -- --
08/01/2016 08/01/16 For Sale $139,500 -- $111 / 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 $1,379 $157,502 -- --
2023 $1,379 $152,915 $0 $0
2022 $1,619 $148,461 $0 $0
2021 $1,923 $144,137 $39,984 $104,153
2020 $2,172 $117,973 $39,322 $78,651
2019 $1,899 $117,479 $37,852 $79,627
2018 $1,788 $118,089 $0 $0
2017 $400 $54,001 $0 $0
2016 $402 $52,890 $0 $0
2015 $412 $52,522 $0 $0
2014 $405 $52,105 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 767312

Central Panhandle Association of REALTORS®

APN: 21313-000-000