NOT LISTED FOR SALE

1602 Cherry St Panama City, FL 32401

South Panama City Neighborhood

Estimated Value: $268,147 - $313,000

3 Beds
2 Baths
1,276 Sq Ft
$231/Sq Ft Est. Value

Sale Details

Date Sold: December 6, 2019

Last sale price $187,000 $147 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,796 / mo

80 Days on Market

Highlights

  • Contemporary Architecture
  • Sitting Room
  • Dining Room
  • No HOA
  • Central Heating and Cooling System
  • 3-minute walk to Cove Lane Park

About This Home

As of December 2019

AWESOME 3 bedroom 2 bath home nestled in the south end of The Cove great for families!Huge Backyard! perfect for a pool, oversized recently remodeled shower, tounge and groove ceilings, brand new roof, hardwood floors, attached garage with New 160 mph wind tested door HVAC is 5 years old and plenty of other features

Last Agent to Sell the Property

James Henderson

Beachy Beach Real Estate License #SL3434507 Listed on: 07/26/2019

Last Buyer's Agent

David Weeks

Counts Real Estate Group License #3131847

Counts Real Estate Group

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $613

Year Built

  • Built in 1948

Lot Details

  • 11,979 Sq Ft Lot
  • Lot Dimensions are 80x155
  • Fenced

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Pillar, Post or Pier Foundation
  • Shingle Roof

Interior Spaces

  • Ceiling Fan
  • Sitting Room
  • Dining Room
  • Fire and Smoke Detector
  • Electric Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Garage Door Opener

Schools

  • Cherry Street Elementary School
  • Jinks Middle School
  • Bay High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$613

Year Built

Built in 1948

Lot Details

0.28 Acres

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.28
  • Lot Size: 80x155
  • Road Frontage Type: City Street
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Contemporary
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Kitchen, Primary Bathroom, Primary Bedroom, Sitting Room

Exterior Features

  • Fencing: Chain Link, Fenced
  • Waterfront: No
  • Construction Type: Wood Frame
  • Foundation Details: Pillar/Post/Pier
  • Roof: Flat, Shingle

Garage/Parking

  • Parking Features: Garage, Garage Door Opener
  • Garage: Yes
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Available, High Speed Internet Available, Water Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 11979.0
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 613.0
  • Tax Year: 2018

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2019
Closed on
Dec 6, 2019
Sold by
Bought by
Seller's Agent
James Henderson
Beachy Beach Real Estate
Buyer's Agent
David Weeks
Counts Real Estate Group
List Price
$200,000
Sold Price
$187,000
Premium/Discount to List
-$13,000
-6.5%
Current Estimated Value
$294,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,287
Avg. Annual Appreciation
6.98%
Original Mortgage
$183,612
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
4.13%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 11, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 22, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in South Panama City, FL

  • Ron Rago Real Estate Agent - Beachy Beach Real Estate

    Ron Rago

    Responds Quickly

    Beachy Beach Real Estate

    (850) 818-9822

    23 Total Sales

    1 in South Panama City

    $265,000 Price

    Ron Rago
     Section Image
  • Jen LaChance Real Estate Agent - SimpliHOM

    Jen LaChance

    SimpliHOM

    (573) 490-3582

    27 Total Sales

    1 in South Panama City

    $330,000 Price

    Jen LaChance
     Section Image
  • MaryAnn Enfinger Real Estate Agent - Overstreet Realty

    MaryAnn Enfinger

    Overstreet Realty

    (850) 771-2185

    193 Total Sales

    3 in South Panama City

    $195K - $290K Price Range

    MaryAnn Enfinger
     Section Image
  • Scott Seidler Real Estate Agent - Keller Williams Success Realty

    Scott Seidler

    Keller Williams Success Realty

    (850) 771-1738

    142 Total Sales

    1 in South Panama City

    $505,000 Price

    Scott Seidler
     Section Image
  • Abigail Davis Real Estate Agent - Corcoran Reverie

    Abigail Davis

    Responds Quickly

    Corcoran Reverie

    (423) 497-0954

    62 Total Sales

    2 in South Panama City

    $185K - $550K Price Range

    Abigail Davis
     Section Image
  • Britt Matthews Real Estate Agent - Beachy Beach Real Estate

    Britt Matthews

    Responds Quickly

    Beachy Beach Real Estate

    (850) 818-3559

    50 Total Sales

    5 in South Panama City

    $139K - $296K Price Range

    Britt Matthews
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$187,000 Knight Barry Title Sln Inc
$103,000 Dba Bay County Land & Abstra
$85,000 First American Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $185,000
Closed $183,612
Previous Owner $73,300
Previous Owner $88,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/20/2022 06/20/22 Off Market $187,000 -- --
12/06/2019 12/06/19 Sold $187,000 -6.5% $147 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $200,000 -- $157 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,184 $175,529
2024 $2,288 $170,582
2023 $2,288 $165,614 $0 $0
2022 $2,193 $160,790 $0 $0
2021 $2,160 $156,107 $43,520 $112,587
2020 $2,653 $154,145 $42,800 $111,345
2019 $513 $68,373 $41,200 $27,173
2018 $613 $80,368 $0 $0
2017 $603 $79,663 $0 $0
2016 $592 $78,024 $0 $0
2015 $606 $77,482 $0 $0
2014 $597 $77,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    James Henderson

    Beachy Beach Real Estate

  • D

    Buyer's Agent in 2019

    David Weeks

    Counts Real Estate Group

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 686454

Central Panhandle Association of REALTORS®

APN: 21737-000-000

Florida Bay County Panama City 32401 South Panama City

1602 Cherry St, Panama City, FL

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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