1416 N Gray Ave Panama City, FL 32401
3
Beds
2
Baths
2,080
Sq Ft
0.44
Acres
Highlights
- Traditional Architecture
- Workshop
- Breakfast Bar
- No HOA
- Window Unit Cooling System
- Living Room
About This Home
As of September 2024Under contract - Seller will consider back up offers. THREE BUILDINGS FOR THE PRICE OF ONE. Explore the potential of this expansive property featuring two parcels and three versatile buildings! The primary residence boasts three bedrooms and two baths, offering ample space and comfort. Step into the foyer leading to a sprawling living room, complete with an exterior exit to the backyard. Ascend the wide staircase to discover a spacious master bedroom with a cozy sitting area, walk-in closet, and ensuite bath. The formal dining room and well-appointed kitchen, featuring a breakfast bar, island, and plenty of cabinets, await to cater to your culinary needs. Additionally, there are two sizable bedrooms, a full bath, and a convenient laundry room with rear access complete the main home.Adjacent to the main residence lies a second building currently utilized as a hair salon, equipped with a half bath and a utility room with a refrigerator , full-sized washer and dryer and storage. Both parcels are zoned R2, with the possibility of continuing salon operations, subject to Bay County Planning Department regulations.Consider the myriad of options available: reside in the main house while managing the salon, occupy the house and lease out the salon space, or transform the salon into a separate rental unit with minimal modifications. The flexible layout of the primary residence presents further opportunities for division, potentially creating two rental units with the addition of a kitchenette and laundry facilities.Completing this enticing package is a 35x11 workshop with power adjacent to the salon, offering endless possibilities for creative endeavors. Unleash your imagination, leverage your skills, and tailor this exceptional property to suit your vision and requirements.
Last Agent to Sell the Property
ERA Neubauer Real Estate, Inc License #0646300 Listed on: 05/14/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $919
Year Built
- Built in 1958
Lot Details
- 0.44 Acre Lot
- Lot Dimensions are 190x100
- Zoning described as County
Home Design
- Traditional Architecture
- Slab Foundation
- Stucco
Interior Spaces
- 2,080 Sq Ft Home
- Ceiling Fan
- Entrance Foyer
- Living Room
- Dining Room
- Workshop
Kitchen
- Breakfast Bar
- Electric Range
- Warming Drawer
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms
- Studio bedroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Carport
- Driveway
- Paved Parking
- Additional Parking
Schools
- Cedar Grove Elementary School
- Mowat Middle School
- Bay High School
Utilities
- Window Unit Cooling System
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2024
Closed on
Sep 6, 2024
Sold by
Parrish Charlotte A
Bought by
Mayer Chris James and Mayer Haley Rene
Seller's Agent
Michelle Ginn
ERA Neubauer Real Estate, Inc
Buyer's Agent
Haley Dileva
EXP Realty LLC
List Price
$395,000
Sold Price
$280,000
Premium/Discount to List
-$115,000
-29.11%
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,677
Avg. Annual Appreciation
-3.55%
Original Mortgage
$286,020
Outstanding Balance
$284,277
Interest Rate
6.78%
Mortgage Type
VA
Estimated Equity
-$12,954
Purchase Details
Closed on
Aug 10, 2017
Sold by
Parrish Charlotte A and Parrish Henry L
Bought by
Adams Kimberly and Parrish Robert
Purchase Details
Closed on
Aug 1, 2017
Bought by
Parrish Charotte A
Purchase Details
Closed on
Dec 3, 2012
Sold by
Parrish Henry L and Parrish Charlotte A
Bought by
Parrish Henry L and Parrish Charlotte A
Similar Homes in Panama City, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $280,000 | Cornerstone Title Agency | |
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | $100 | -- | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $286,020 | VA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2024 09/06/24 | Sold | $280,000 | -12.2% | $135 / Sq Ft |
| 07/02/2024 07/02/24 | Price Changed | $319,000 | -8.6% | $153 / Sq Ft |
| 06/11/2024 06/11/24 | Price Changed | $349,000 | -0.3% | $168 / Sq Ft |
| 06/11/2024 06/11/24 | Price Changed | $350,000 | -11.4% | $168 / Sq Ft |
| 05/14/2024 05/14/24 | For Sale | $395,000 | -- | $190 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Tax History Compared to Growth
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 | $241 | $81,156 | -- | -- |
| 2023 | $241 | $78,792 | $0 | $0 |
| 2022 | $254 | $76,497 | $0 | $0 |
| 2021 | $256 | $74,269 | $0 | $0 |
| 2020 | $171 | $58,984 | $0 | $0 |
| 2019 | $194 | $63,031 | $15,800 | $47,231 |
| 2018 | $259 | $72,699 | $0 | $0 |
| 2017 | $259 | $71,204 | $0 | $0 |
| 2016 | $255 | $69,739 | $0 | $0 |
| 2015 | $268 | $69,254 | $0 | $0 |
| 2014 | $267 | $68,704 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Ginn
Seller's Agent in 2024
Michelle Ginn
ERA Neubauer Real Estate, Inc
(850) 896-5381
1 in this area
101 Total Sales
-
Haley Dileva
H
Buyer's Agent in 2024
Haley Dileva
EXP Realty LLC
(850) 819-0864
1 in this area
25 Total Sales
-
H
Buyer's Agent in 2024
Haley Mayer
EXP Realty LLC
Map
Source: Central Panhandle Association of REALTORS®
MLS Number: 757097
APN: 15824-000-000
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.
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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