NOT LISTED FOR SALE

1516 S Kimbrel Ave Panama City, FL 32404

Estimated Value: $304,000 - $360,000

4 Beds
3 Baths
1,874 Sq Ft
$176/Sq Ft Est. Value

Last Sold February 23, 2023

Last sale price $310,000 $165 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,968/month

3 Days on Market

Highlights

  • Bay View
  • Waterfront
  • Vaulted Ceiling
  • Tyndall Elementary School Rated A-
  • Contemporary Architecture
  • No HOA

About This Home

As of February 2023

Gorgeous view! This renovated home features tile floors, lots of natural light, granite counters, stainless steel appliances, huge storage room, and an apartment downstairs. Fantastic views of the reed marsh, a canal, and East Bay! Catch crabs off your own dock. Drink coffee on the back porch as you watch the sunrise. So much to see with this beautiful home. It's what you've been waiting for! All measurements are approximate, verify if important.

Last Agent to Sell the Property

Eren Sullivan

Counts Real Estate Group License #3262520 Listed on: 01/01/2023

Counts Real Estate Group

Co-Listed By

Hollie Hansen

Counts Real Estate Group License #3126715

Last Buyer's Agent

Jennifer Black

Coldwell Banker Carroll Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,561

Year Built

  • Built in 1985

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 90x120
  • Waterfront
  • Fenced

Property Views

  • Bay
  • Canal

Home Design

  • Contemporary Architecture
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1,874 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Living Room
  • Storage
  • Utility Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Studio bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Covered Parking
  • Driveway

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Tyndall Elementary School
  • Rutherford Middle School
  • Rutherford High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Bay Front Unit 6 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,561

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Detached
  • Lot Size Acres: 0.25
  • Lot Size: 90x120
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: BSG2
  • Co List Office Phone: (850) 248-3615
  • Subdivision Name: Bay Front Unit 6
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Plumbed For Ice Maker, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, High Ceilings, Split Bedrooms, Storage, Skylights, Vaulted Ceiling(s), Utility Room
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 1874.0
  • Dining Room Type: Bedroom, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Studio, Utility Room
  • Window Features: Double Pane Windows, Skylight(s)
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Fenced, Privacy
  • View: Bay, Canal
  • View: Yes
  • Waterfront Features: Dock Access, Other, Shoreline - Natural, Waterfront
  • Waterfront: Yes
  • Construction Type: Stucco, Vinyl Siding
  • Exterior Features: Balcony, Storage
  • Patio And Porch Features: Balcony, Covered, Patio

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Covered, Driveway
  • Garage: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Rutherford Middle

Lot Info

  • Lot Features: Waterfront
  • Lot Size Sq Ft: 10759.0

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: Tyndall
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2023
Closed on
Feb 15, 2023
Sold by
Overbye Jonathon S and Overbye Amelia J Overbye
Bought by
Smith Beverly J
Seller's Agent
Eren Sullivan
Counts Real Estate Group
Buyer's Agent
Jennifer Black
Coldwell Banker Carroll Realty
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%
Views
39
Current Estimated Value
$329,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,410
Avg. Annual Appreciation
2.41%
Original Mortgage
$248,000
Outstanding Balance
$240,760
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$88,650

Purchase Details

Closed on
Nov 6, 2019
Sold by
Panhandle Construction Svcs Group Llc
Bought by
Overbye Jonathon Steven and Overbye Amelia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2019
Sold by
Jones Kevin and Jones Monica
Bought by
Panhandle Construction Services Group Ll

Purchase Details

Closed on
Nov 10, 2011
Sold by
Gambone Marlin A
Bought by
Jones Kevin and Jones Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2002
Sold by
Benevento Alan
Bought by
Gambone Sullivan J and Gambone Marlin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,700
Interest Rate
6.67%
Source: Public Records

Range of Values:

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Average Value
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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
Smith Beverly J $310,000 --
Overbye Jonathon Steven $215,000 Diamond Title Agency Inbc
Panhandle Construction Services Group Ll $80,000 Diamond Title Agency Inc
Jones Kevin $112,500 Stewart Title Company
Gambone Sullivan J $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Beverly J $248,000
Previous Owner Overbye Jonathon Steven $172,000
Previous Owner Jones Kevin $37,500
Previous Owner Gambone Sullivan J $92,920
Previous Owner Gambone Sullivan J $91,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2023 02/23/23 Sold $310,000 -1.6% $165 / Sq Ft
01/20/2023 01/20/23 Off Market $315,000 -- --
01/11/2023 01/11/23 Pending -- -- --
01/07/2023 01/07/23 For Sale $315,000 -- $168 / 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 $2,561 $259,505 $27,621 $231,884
2023 $2,561 $184,370 $27,621 $156,749
2022 $2,192 $169,729 $26,365 $143,364
2021 $2,224 $167,705 $25,110 $142,595
2020 $2,314 $172,842 $25,110 $147,732
2019 $431 $66,288 $24,105 $42,183
2018 $795 $100,210 $0 $0
2017 $813 $99,332 $0 $0
2016 $839 $99,711 $0 $0
2015 $886 $100,801 $0 $0
2014 $900 $101,891 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 736100

Central Panhandle Association of REALTORS®

APN: 07227-818-000