Seller's Agent in 2021
Carly Sostheim
Corcoran Reverie SRB
(850) 814-4560
56 in this area
360 Total Sales
1600 Dewitt St Panama City, FL 32401
South Panama City NeighborhoodEstimated Value: $394,000 - $476,000
3
Beds
2
Baths
2,215
Sq Ft
$201/Sq Ft
Est. Value
Highlights
- Florida Architecture
- Double Oven
- Porch
- Corner Lot
- Separate Outdoor Workshop
- Oversized Parking
About This Home
As of July 2021BACK ON THE MARKET! Located in the heart of the Cove beneath hundred year oaks, you'll find a completed renovated home with high end luxury finishes. Located on an oversized, manicured lot, this desirable neighborhood is where you'll want to be for years to come. This home offers light, bright, luxury vinyl plank flooring throughout, three bedrooms, two bathrooms and a bonus room for work or play. The open concept is incredible for entertaining with a custom designed, oversized island, GE Cafe appliances and a Hallman 60-in 8-burner, dual-fuel Italian range. Bathrooms with modern finishes and a tiled shower with dual heads and a custom vanity which create the ideal master suite. Ample storage inside, a two-car attached carport and shop/storage. Home has all new electrical, plumbing, A/C. A luxury in the Cove neighborhood!
This community is golf cart friendly, located 2 blocks from a neighborhood park and just minutes away from the fast-growing downtown district in Panama City.
And for the boaters and fisherman, the St. Andrews Bay Yacht Club is an excellent amenity in the neighborhood, just minutes away. As a Member, you can enjoy a private boat launch, dining and activities!
Last Agent to Sell the Property
Corcoran Reverie SRB License #3467605 Listed on: 06/16/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,666
Year Built
- Built in 1956 | Remodeled
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 100x130
- Back Yard Fenced
- Corner Lot
- Sprinkler System
- Lawn Pump
Home Design
- Florida Architecture
- Brick Exterior Construction
- Dimensional Roof
- Composition Shingle Roof
- Cement Board or Planked
Interior Spaces
- 2,215 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Recessed Lighting
- Living Room
- Dining Room
Kitchen
- Double Oven
- Gas Oven or Range
- Stove
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
Parking
- 2 Attached Carport Spaces
- Oversized Parking
Outdoor Features
- Open Patio
- Separate Outdoor Workshop
- Porch
Schools
- Cherry Street Elementary School
- Jinks Middle School
- Bay High School
Utilities
- High Efficiency Air Conditioning
- High Efficiency Heating System
- Private Company Owned Well
- Well
- Tankless Water Heater
- Gas Water Heater
Community Details
- Cove Terrace 1St Addn Subdivision
Listing and Financial Details
- Assessor Parcel Number 21706-000-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 11, 2024
Sold by
Posey Joseph Tyson and Posey Jennifer R
Bought by
Burg Brandon and Burg Jennifer R
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$586,809
Interest Rate
6%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$140,582
Purchase Details
Listed on
Jun 16, 2021
Closed on
Jul 16, 2021
Sold by
Burg Brandon R and Burg Jennifer R
Bought by
Posey Joseph Tyson and Posey Jennifer R
Seller's Agent
Carly Sostheim
Corcoran Reverie SRB
List Price
$390,000
Sold Price
$390,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%
Original Mortgage
$370,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 30, 2014
Sold by
Oenbrink James D and Oenbrink Kristian R
Bought by
Burg Brandon R and Burg Jennifer R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
4.29%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 23, 2012
Sold by
Creel Jack N and Dykes Margaret C
Bought by
Oenbrink James and Oenbrink Kristian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
3.89%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Sep 24, 2009
Sold by
Creel Jack N
Bought by
Creel Jack N and Dykes Margaret C
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Burg Brandon | $475,000 | Burg Title | |
| Burg Brandon | $475,000 | Burg Title | |
| Posey Joseph Tyson | $390,000 | Attorney | |
| Burg Brandon R | $215,000 | Attorney | |
| Oenbrink James | $50,000 | Florida Land Title Llc | |
| Creel Jack N | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Burg Brandon | $600,000 | |
| Closed | Burg Brandon | $600,000 | |
| Previous Owner | Posey Joseph Tyson | $370,500 | |
| Previous Owner | Burg Brandon R | $204,250 | |
| Previous Owner | Oenbrink James | $121,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/16/2021 07/16/21 | Sold | $390,000 | 0.0% | $176 / Sq Ft |
| 06/18/2021 06/18/21 | Pending | -- | -- | -- |
| 06/16/2021 06/16/21 | For Sale | $390,000 | -- | $176 / Sq Ft |
Source: Emerald Coast 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 |
|---|---|---|---|---|
| 2025 | $4,970 | $408,490 | $67,680 | $340,810 |
| 2024 | $5,275 | $347,256 | -- | -- |
| 2023 | $5,275 | $337,142 | $0 | $0 |
| 2022 | $4,756 | $327,322 | $53,760 | $273,562 |
| 2021 | $2,685 | $187,778 | $0 | $0 |
| 2020 | $2,666 | $185,185 | $51,360 | $133,825 |
| 2019 | $2,190 | $176,276 | $49,440 | $126,836 |
| 2018 | $2,203 | $185,403 | $0 | $0 |
| 2017 | $2,193 | $185,752 | $0 | $0 |
| 2016 | $2,243 | $185,725 | $0 | $0 |
| 2015 | $2,293 | $184,434 | $0 | $0 |
| 2014 | $860 | $93,989 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Carly Sostheim
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 868525
APN: 21706-000-000
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