NOT LISTED FOR SALE

1340 W Park Ln Panama City, FL 32404

Estimated Value: $322,000 - $370,000

4 Beds
3 Baths
2,184 Sq Ft
$155/Sq Ft Est. Value

Last Sold April 24, 2020

Last sale price $87,500 $40 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $2,082/month

12 Days on Market

Highlights

  • Home fronts a seawall
  • Bay View
  • No HOA
  • Tyndall Elementary School Rated A-
  • Contemporary Architecture
  • Central Heating and Cooling System

About This Home

As of April 2020

SUPER fix & flip or investment opportunity here with this 4 Bedroom / 3 Bathroom brick home WATERFRONT ON A CANAL in the sought-after East Bay Park neighborhood in Panama City! This home is 2,184 sqft. (heated) and 3,310 sqft. (total). The home has damage from Hurricane Michael, but the roof collapse and primary damage is mostly limited to the lanai, not the home itself, as you can see from the photos. But the home will still need a new roof and repairs. The lot that the home sits on was recently divided into 2 separate lots - The sale of this property is the about half of the original lot that includes this home. The home is OCCUPIED, so no showings without contacting Cindy or Eugene. At this PRICE - IT IS A STEAL, and WILL NOT LAST LONG! Arrange a showing quickly! NO TRESPASSING!

Last Agent to Sell the Property

Eugeniu Ursu

Eugeniu Ursu Listed on: 12/29/2019

Last Buyer's Agent

Eugeniu Ursu

World Impact Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 100 x 300
  • Home fronts a seawall

Parking

  • Garage

Property Views

  • Bay
  • Canal

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Brick Exterior Construction

Interior Spaces

  • 2,184 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Tyndall Elementary School
  • Rutherford Middle School
  • Rutherford High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • East Bay Park Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Detached
  • Lot Size Acres: 0.75
  • Lot Size: 100 x 300
  • Subdivision Name: East Bay Park
  • Architectural Style: Contemporary
  • 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 Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 2184.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • View: Bay, Canal
  • View: Yes
  • Waterfront Features: Canal Access, Dock Access, Seawall
  • Waterfront: Yes
  • Construction Type: Brick
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: Garage
  • Garage: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Rutherford Middle

Lot Info

  • Lot Size Sq Ft: 32670.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 4364.0
  • Tax Year: 2018

MLS Schools

  • Elementary School: Tyndall
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2021
Sold by
Waters Jean and Cook Florance Jean
Bought by
Dean Tina Renee and Dean Tony James
Current Estimated Value
$338,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Interest Rate
2.98%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 29, 2019
Closed on
Apr 24, 2020
Sold by
Hollister Ralph L
Bought by
Cook Florance Jean
Seller's Agent
Eugeniu Ursu
Eugeniu Ursu
Buyer's Agent
Eugeniu Ursu
World Impact Real Estate
List Price
$89,000
Sold Price
$87,500
Premium/Discount to List
-$1,500
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.62%

Purchase Details

Closed on
Jan 20, 2004
Sold by
Mitchell James Kelly and Mitchell Rubi L
Bought by
Hollister Ralph L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
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
Dean Tina Renee $250,000 Knight Barry Title Sln Inc
Cook Florance Jean $75,000 Knight Barry Title Sln Inc
Hollister Ralph L $348,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dean Tina Renee $245,471
Previous Owner Hollister Ralph L $58,254
Previous Owner Hollister Ralph L $90,000
Previous Owner Hollister Ralph L $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $87,500 -- --
04/24/2020 04/24/20 Sold $87,500 -1.7% $40 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
12/29/2019 12/29/19 For Sale $89,000 -- $41 / 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 $2,512 $227,548 -- --
2023 $2,512 $220,920 $0 $0
2022 $2,262 $214,485 $50,373 $164,112
2021 $3,334 $251,375 $95,526 $155,849
2020 $1,718 $172,179 $95,526 $76,653
2019 $3,295 $290,382 $212,280 $78,102
2018 $4,364 $384,452 $0 $0
2017 $4,440 $377,799 $0 $0
2016 $4,450 $370,028 $0 $0
2015 $4,561 $367,456 $0 $0
2014 $4,514 $364,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eugeniu Ursu

    Seller's Agent in 2020

    Eugeniu Ursu

    Eugeniu Ursu

    (813) 613-3870

    63 Total Sales

    Eugeniu Ursu
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 692247

Central Panhandle Association of REALTORS®

APN: 07259-000-000

Florida Bay County Panama City 32404

1340 W Park Ln, Panama City, FL

This home is located at 1340 W Park Ln, Panama City, FL 32404 since 29 December 2019 and is currently estimated at $338,238, approximately $154 per square foot. This property was built in 1965. 1340 W Park Ln is a home located in Bay County with nearby schools including Tyndall Elementary School, Everitt Middle School, and Rutherford 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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