NOT LISTED FOR SALE

127 N Cove Terrace Dr Panama City, FL 32401

Estimated Value: $186,000 - $230,000

2 Beds
1 Bath
850 Sq Ft
$243/Sq Ft Est. Value

Last Sold September 02, 2020

Last sale price $127,000 $149 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,315/month

5 Days on Market

Highlights

  • Florida Architecture
  • No HOA
  • Attached Garage
  • Corner Lot
  • Covered Patio or Porch
  • Cooling System Powered By Gas

About This Home

As of September 2020

'CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS' Great opportunity to take advantage of this cove property. Located on nearly half an acre the possibilities are endless. The 2 bedroom 1 bathroom home is located on a corner lot with a covered patio and garage/workshop. Highlights include a metal roof, open floor plan and spacious bedrooms. Whether you're looking for a forever home or an investment this home is a must see!

Last Agent to Sell the Property

Nathan Lawrence

Keller Williams Success Realty License #3107484 Listed on: 08/11/2020

Keller Williams Success Realty

Last Buyer's Agent

Nathan Lawrence

Prudential Shimmering Sands

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,156

Year Built

  • Built in 1949

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 139 x 138 x 139 x 138
  • Corner Lot
  • Level Lot

Home Design

  • Florida Architecture
  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cove Terrace Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,156

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1949
  • Property Sub Type: Detached
  • Lot Size Acres: 0.44
  • Lot Size: 139 x 138 x 139 x 138
  • Road Surface Type: Paved
  • Subdivision Name: Cove Terrace
  • Architectural Style: Florida
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 850.0
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Garage, Kitchen, Living Room, Primary Bedroom, Porch
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Porch
  • Patio And Porch Features: Covered, Porch
  • Roof: Metal

Garage/Parking

  • Parking Features: Attached, Driveway, Garage
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Air, Ceiling Fan(s), Gas
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Sq Ft: 19297.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1156.0
  • Tax Year: 2019

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Aug 27, 2020
Sold by
Porzig Lorenz Herman
Bought by
Lizard 1 Llc
Seller's Agent
Nathan Lawrence
Keller Williams Success Realty
Buyer's Agent
Nathan Lawrence
Prudential Shimmering Sands
List Price
$130,000
Sold Price
$127,000
Premium/Discount to List
-$3,000
-2.31%
Current Estimated Value
$206,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,310
Avg. Annual Appreciation
9.95%
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
Lizard 1 Llc $127,000 North Florida Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $127,000 -- --
09/02/2020 09/02/20 Sold $127,000 -2.3% $149 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $130,000 -- $153 / 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 $2,287 $140,611 -- --
2023 $2,287 $126,561 $64,641 $61,920
2022 $1,994 $113,302 $57,187 $56,115
2021 $1,951 $109,357 $55,553 $53,804
2020 $1,134 $95,981 $54,634 $41,347
2019 $1,156 $112,338 $70,658 $41,680
2018 $1,696 $111,986 $0 $0
2017 $1,663 $110,947 $0 $0
2016 $1,686 $109,909 $0 $0
2015 $1,671 $105,989 $0 $0
2014 $1,643 $105,088 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nathan Lawrence

    Seller's Agent in 2020

    Nathan Lawrence

    Keller Williams Success Realty

    (850) 250-3701

    831 Total Sales

    Nathan Lawrence
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 700718

Central Panhandle Association of REALTORS®

APN: 21315-000-000

Florida Bay County Panama City 32401

127 N Cove Terrace Dr, Panama City, FL

This home is located at 127 N Cove Terrace Dr, Panama City, FL 32401 since 11 August 2020 and is currently estimated at $206,310, approximately $242 per square foot. This property was built in 1949. 127 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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