$500,000

140 Lake Merial Trail Panama City, FL 32409

Estimated payment $3,137/month

Total Views 2,666
4 Beds
3 Baths
2,668 Sq Ft
$187 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 2 Car Garage
  • Oversized Parking
  • Ceiling Fan
  • 1-Story Property

About This Home

Welcome to your dream home! This custom-built masterpiece sits on over half an acre, offering luxury, comfort, and top-tier functionality. From the moment you arrive the brick driveway and grand entrance set the tone for the exquisite details throughout. Spacious Layout with large built-in closets in every room (California Closets) Bamboo flooring in bedrooms - scratch-resistant and durable. Crown molding throughout, adding a touch of elegance. Built-in entertainment center & permanently mounted mirrors enhance the living space Jet spa tub in the primary suite with a separate toilet room, Gourmet Kitchen Walk-in pantry with ultimate organization Enclosed Florida room with private primary entrance for relaxation Don't miss out on this rare gem! Schedule your private tour today

Listing Agent

Coastal Vibes Luxury Beach Group

Gulf Life Real Estate Inc Listed on: 05/05/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,959

Year Built

  • Built in 2007

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 110 x 226
  • Sprinkler System
  • Property is zoned City, Resid Single Family

Parking

  • 2 Car Garage
  • Carport
  • Oversized Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,668 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Deane Bozeman Elementary And Middle School
  • Deane Bozeman High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Lake Merial Phase One Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07504260000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,959

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.57
  • Lot Size: 110 X 226
  • Subdivision Name: Lake Merial Phase One
  • Directions: From Transmitter Rd Bear right onto US-231 N / N Highway 231 Turn left onto FL-77A / Highway 2321 Turn right onto FL-77 / Highway 77 Turn right onto Lake Merial Blvd Turn right onto Lake Merial Trail
  • Architectural Style: Traditional
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2007
  • Utilities Electric: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Heat Cntrl Gas: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Master Bedroom:First: Yes

Exterior Features

  • Exterior Features: Sprinkler System
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Sprinkler System: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Oversized
  • General Property Info:Garage2: Yes
  • Rooms:Garage5: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Oversized: Yes

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities: Electric

Schools

  • Elementary School: Deane Bozeman
  • High School: Deane Bozeman
  • Middle Or Junior School: Deane Bozeman

Lot Info

  • Lot Size Sq Ft: 24829.2
  • Parcel #: 07504260000
  • Zoning: City, Resid Single Family

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $4,959 $434,139 $61,850 $372,289
2023 $4,959 $392,801 $51,000 $341,801
2022 $4,292 $368,268 $49,100 $319,168
2021 $4,232 $350,874 $0 $0
2020 $3,873 $318,976 $43,000 $275,976
2019 $3,316 $273,057 $43,000 $230,057
2018 $3,539 $324,867 $0 $0
2017 $3,522 $318,185 $0 $0
2016 $3,657 $321,159 $0 $0
2015 $3,845 $325,688 $0 $0
2014 $3,847 $326,213 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Price Changed $500,000 -6.5% $187 / Sq Ft
05/05/2025 05/05/25 For Sale $535,000 +42.7% $201 / Sq Ft
03/26/2020 03/26/20 Off Market $375,000 -- --
02/13/2019 02/13/19 Sold $375,000 0.0% $141 / Sq Ft
01/03/2019 01/03/19 Pending -- -- --
12/07/2018 12/07/18 For Sale $375,000 -- $141 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $375,000 Diamond Title Agency Inc
Warranty Deed $350,000 Diamond Title Agency Inc
Corporate Deed $435,000 Isler & Associates Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $390,000 VA
Closed $387,375 VA
Previous Owner $87,000 Credit Line Revolving
Previous Owner $348,000 Unknown
Previous Owner $246,705 Unknown
Source: Public Records

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Source: Emerald Coast Association of REALTORS®

MLS Number: 975603

Emerald Coast Association of REALTORS®

APN: 07504-260-000

Florida Bay County Panama City 32409

140 Lake Merial Trail, Panama City, FL

This home is located at 140 Lake Merial Trail, Panama City, FL 32409 and is currently priced at $500,000, approximately $187 per square foot. This property was built in 2007. 140 Lake Merial Trail is a home located in Bay County with nearby schools including Deane Bozeman 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.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Coastal Vibes Luxury Beach Group
Section Image
Gulf Life Real Estate Inc
(850) 809-9480