NOT LISTED FOR SALE

1401 E 8th St Panama City, FL 32401

Estimated Value: $33,000 - $258,000

0.22 Acre
$577,273 Price per Acre
9,583 Sq Ft Lot

Last Sold December 16, 2022

Last sale price $16,500 $12 Per Sq Ft

Est. 670% increase in value since last sale

Current estimated payment $739/month

40 Days on Market

About This Lot

As of December 2022

Residential lot in the heart of Panama City and just a short walk to Downtown Panama City. This area features restaurants, shopping and so much more! This lot is cleared and ready to build!

Last Agent to Sell the Property

Diane Mckay

Coldwell Banker Carroll Realty License #0352531 Listed on: 10/06/2022

Coldwell Banker Carroll Realty

Last Buyer's Agent

Diane McKay

Coldwell Banker Carroll Realty

Property Details

Property Type

  • Land

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 70 x 140
  • Cleared Lot
  • Zoning described as City

Schools

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

Community Details

  • No Home Owners Association
  • Old Orchard 1St Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 5

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.22
  • Lot Size: 70 X 140
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Old Orchard 1st Add
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: 1088

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Cleared
  • Lot Size Sq Ft: 9583.0
  • Zoning Description: City

Tax Info

  • Tax Annual Amount: 1229.0
  • Tax Block: 5
  • Tax Lot: 4
  • Tax Year: 2021

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Dec 6, 2022
Sold by
Mr Cooper
Bought by
Andreev Svetlin and Nationstar Mortgage Llc
Seller's Agent
Diane Mckay
Coldwell Banker Carroll Realty
Buyer's Agent
Diane McKay
Coldwell Banker Carroll Realty
List Price
$47,000
Sold Price
$16,500
Premium/Discount to List
-$30,500
-64.89%
Views
8
Current Estimated Value
$127,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,500
Avg. Annual Appreciation
112.94%

Purchase Details

Closed on
Sep 13, 2022
Sold by
Lee Raymond Smith Living Trust
Bought by
Cooper Mr
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
Andreev Svetlin $16,500 Title365 Company
Cooper Mr $80,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Lee R $93,926
Previous Owner Smith Lee R $102,515
Previous Owner Smith Lee R $68,500
Previous Owner Smith Lee R $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2023 01/22/23 Off Market $16,500 -- --
12/16/2022 12/16/22 Sold $16,500 -44.8% $12 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
11/09/2022 11/09/22 Price Changed $29,900 -28.8% $21 / Sq Ft
11/03/2022 11/03/22 Price Changed $42,000 -10.6% $30 / Sq Ft
10/08/2022 10/08/22 For Sale $47,000 -- $33 / 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 $562 $19,620 -- --
2023 $562 $17,836 $17,836 $0
2022 $1,256 $64,770 $15,778 $48,992
2021 $1,229 $62,415 $0 $0
2020 $1,154 $56,741 $15,229 $41,512
2019 $922 $57,036 $15,092 $41,944
2018 $936 $61,799 $0 $0
2017 $922 $61,545 $0 $0
2016 $31 $32,002 $0 $0
2015 -- $31,780 $0 $0
2014 -- $31,528 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diane Mckay

    Seller's Agent in 2022

    Diane Mckay

    Coldwell Banker Carroll Realty

    (850) 596-1378

    78 Total Sales

    Diane Mckay
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 733198

Central Panhandle Association of REALTORS®

APN: 16229-000-000

Florida Bay County Panama City 32401

1401 E 8th St, Panama City, FL

This home is located at 1401 E 8th St, Panama City, FL 32401 since 06 October 2022 and is currently estimated at $127,000, approximately $90 per square foot. 1401 E 8th St 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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