1409 Cherry St Panama City, FL 32401
South Panama City NeighborhoodEstimated payment $2,010/month
Highlights
- RV Access or Parking
- Traditional Architecture
- Covered Patio or Porch
- Deck
- No HOA
- 5-minute walk to Cove Lane Park
About This Home
Updated, move in ready, and located in the pinnacle of Panama City, The Cove, this 4 bedroom, 2 bathroom home delivers the lifestyle today's buyers are chasing. Set on a spacious lot with irrigation and freshly sodded landscaping, the home has been fully updated with new electrical and plumbing, tile in the bathrooms, and new fixtures throughout. The kitchen features brand new white cabinetry, stone countertops, stainless steel appliances, and a refrigerator with water filtration and icemaker. Both the kitchen and bathrooms have been completely remodeled with a clean, modern finish. Enjoy golf cart friendly living with easy access throughout The Cove and into Downtown Panama City, including the marina, public boat ramp, waterfront dining, and year round local events. This prime location offers the perfect blend of neighborhood charm and coastal convenience. Special buyer financing options may be available for qualified purchasers, including programs with down payment assistance. Contact your agent today for additional details and to schedule a private showing.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,717
Year Built
- Built in 1949
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 137 x 75
- Fenced
Home Design
- Traditional Architecture
- Shingle Roof
- Composition Roof
- HardiePlank Type
Interior Spaces
- Double Pane Windows
- Living Room
- Dining Room
- Electric Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 1 Covered Space
- RV Access or Parking
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- Cherry Street Elementary School
- Jinks Middle School
- Bay High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Cove Terrace Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $2,563 | $153,035 | $50,760 | $102,275 |
| 2024 | $2,383 | $141,698 | -- | -- |
| 2023 | $2,383 | $130,112 | $45,576 | $84,536 |
| 2022 | $2,085 | $117,105 | $40,320 | $76,785 |
| 2021 | $2,049 | $112,919 | $39,168 | $73,751 |
| 2020 | $1,979 | $106,735 | $38,520 | $68,215 |
| 2019 | $1,710 | $105,822 | $37,080 | $68,742 |
| 2018 | $1,605 | $105,990 | $0 | $0 |
| 2017 | $1,586 | $105,797 | $0 | $0 |
| 2016 | $1,620 | $105,604 | $0 | $0 |
| 2015 | $1,628 | $103,259 | $0 | $0 |
| 2014 | $1,613 | $103,139 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/02/2026 03/02/26 | Price Changed | $339,000 | -3.1% | $215 / Sq Ft |
| 02/01/2026 02/01/26 | For Sale | $350,000 | -- | $222 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $60,000 | None Available | |
| Warranty Deed | $86,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $65,975 | FHA |
Source: Central Panhandle Association of REALTORS®
MLS Number: 784491
APN: 21794-000-000
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Ask me questions while you tour the home.