NOT LISTED FOR SALE

141 Kraft Ave Panama City, FL 32401

Millville Neighborhood

Estimated Value: $123,000 - $158,000

2 Beds
2 Baths
780 Sq Ft
$184/Sq Ft Est. Value

Last Sold August 27, 2018

Last sale price $58,000 $74 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $919/month

60 Days on Market

Highlights

  • No HOA
  • Living Room
  • 1-Story Property
  • Double Pane Windows
  • Central Heating and Cooling System

About This Home

As of August 2018

Attention Investors! This is an opportunity to own a rental property with an amazing cap rate!! Each side is one bedroom, 1 bath, and is currently rented on a monthly basis for $580/side. The house has a metal roof, installed in 2016, HVAC units are newer (2016-17), both sides have been completely renovated, and are tiled throughout. Very low maintenance!! Great rental history.

Last Agent to Sell the Property

Ann Irons

Altitudes Realty Group License #3140065 Listed on: 06/18/2018

Last Buyer's Agent

Shelly McCaskill

Panhandle Real Estate License #3277360

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $420

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 50 x 70

Parking

  • Driveway

Home Design

  • Duplex
  • Metal Roof
  • HardiePlank Type

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Cherry Street Elementary School
  • Rutherford Middle School
  • Rutherford High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$420

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1930
  • Property Sub Type: Duplex
  • Lot Size: 50 x 70
  • Road Frontage Type: City Street
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Duplex
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 780.0
  • Dining Room Type: Living Room, Primary Bedroom
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No
  • Construction Type: HardiPlank Type
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • 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

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Annual Amount: 420.0
  • Tax Year: 2017

MLS Schools

  • Elementary School: Cherry Street
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2025
Sold by
Bonita Properties Llc
Bought by
Paradise City Estates Llc
Current Estimated Value
$143,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Outstanding Balance
$246,675
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
-$103,008

Purchase Details

Closed on
Feb 24, 2023
Sold by
Paradise City Estates Llc
Bought by
141 Kraft Trust

Purchase Details

Closed on
Nov 23, 2022
Sold by
Bonita Properties Llc
Bought by
Paradise City Estates Llc

Purchase Details

Closed on
Sep 23, 2022
Sold by
Layne Jarred
Bought by
Bonita Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2021
Sold by
Miller Ric and Miller Tatsiana
Bought by
Layne Jarred and Bonita Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
2.6%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jun 18, 2018
Closed on
Aug 27, 2018
Sold by
Delmar David Dennis and Delmar Beth Ann Marie
Bought by
Miller Ric and Miller Tatsiana
Seller's Agent
Ann Irons
Altitudes Realty Group
Buyer's Agent
Shelly McCaskill
Panhandle Real Estate
List Price
$74,900
Sold Price
$58,000
Premium/Discount to List
-$16,900
-22.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.88%

Purchase Details

Closed on
Aug 3, 2010
Sold by
Vanhorn John Douglas
Bought by
Delmar David Dennis and Delmar Beth Ann Marie

Purchase Details

Closed on
May 13, 2003
Sold by
Key Bank Usa Na
Bought by
Vanhorn John

Purchase Details

Closed on
Feb 28, 2003
Sold by
Carter Jeanette T
Bought by
Key Bank Usa Na
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
Paradise City Estates Llc $100 None Listed On Document
141 Kraft Trust $100 --
Paradise City Estates Llc $100 --
Bonita Properties Llc $100 Destination Title Llc
Layne Jarred $99,000 Mti Title Insurance Agcy Inc
Miller Ric $58,000 Attorney
Delmar David Dennis $25,000 None Available
Vanhorn John $22,000 --
Key Bank Usa Na -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paradise City Estates Llc $247,500
Previous Owner Bonita Properties Llc $142,500
Previous Owner Layne Jarred $89,000
Previous Owner Carter Jeanette $12,354
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2022 07/03/22 Off Market $58,000 -- --
08/27/2018 08/27/18 Sold $58,000 -22.6% $74 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $74,900 -- $96 / 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 $1,626 $84,361 $13,573 $70,788
2023 $1,626 $82,885 $11,074 $71,811
2022 $1,407 $75,615 $10,045 $65,570
2021 $1,028 $49,920 $9,800 $40,120
2020 $999 $47,272 $9,947 $37,325
2019 $771 $47,706 $9,849 $37,857
2018 $421 $27,825 $0 $0
2017 $420 $27,997 $0 $0
2016 $429 $28,001 $0 $0
2015 $445 $28,219 $0 $0
2014 $420 $26,856 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ann Irons

    Seller's Agent in 2018

    Ann Irons

    Altitudes Realty Group

    (850) 625-7447

    34 Total Sales

    Ann Irons
    Section Image
  • Shelly McCaskill

    Buyer's Agent in 2018

    Shelly McCaskill

    Panhandle Real Estate

    (850) 710-0165

    62 Total Sales

    Shelly McCaskill
    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 673022

Central Panhandle Association of REALTORS®

APN: 24110-000-000

Florida Bay County Panama City 32401 Millville

141 Kraft Ave, Panama City, FL

This home is located at 141 Kraft Ave, Panama City, FL 32401 since 18 June 2018 and is currently estimated at $143,667, approximately $184 per square foot. This property was built in 1930. 141 Kraft Ave is a home located in Bay County with nearby schools including Merriam Cherry Street 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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