NOT LISTED FOR SALE

1603 Cherry St Panama City, FL 32401

South Panama City Neighborhood

Estimated Value: $224,000 - $237,000

2 Beds
1 Bath
812 Sq Ft
$284/Sq Ft Est. Value

Sale Details

Date Sold: June 28, 2024

Last sale price $217,500 $268 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,391 / mo

4 Days on Market

Highlights

  • Deck
  • Bonus Room
  • Covered Patio or Porch
  • Florida Architecture
  • No HOA
  • 3-minute walk to Cove Lane Park

About This Home

As of June 2024

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS****HISTORIC COVE CHARMER W/ MODERN UPGRADES!!!**** Welcome to your dream home, a beautifully renovated historic residence brimming with charm and modern conveniences. This captivating property offers a perfect blend of timeless elegance and contemporary comfort, making it an ideal sanctuary for those who appreciate both history and luxury. As you step inside, you'll be greeted by an abundance of natural light via all new windows, creating a warm and inviting atmosphere. The large entryway serves as a versatile bonus room, perfect for a home office, reading nook, or additional living space. As you step into the main part of the home, you will immediately appreciate the original hardwood floors and functional layout. The heart of this home is the newly renovated kitchen, featuring new cabinets, sleek countertops, and state-of-the-art appliances. The addition of new molding and fixtures throughout adds a touch of sophistication, while fresh paint inside and out ensures a pristine, move-in ready experience. Comfort is guaranteed year-round with the brand new mini-split air conditioning system. Step outside onto the new deck, perfect for relaxing or entertaining, and discover a tropical oasis in your own backyard. The spacious yard is lush and vibrant, offering a serene retreat from the hustle and bustle of daily life. For those who love to tinker or need extra storage space, the garage doubles as a workshop, providing ample room for projects and hobbies. The covered patio/bar area, connected to a spacious open patio, is an entertainer's delight, offering the perfect spot for gatherings and outdoor enjoyment. Additionally, convenient alley access enhances the functionality and appeal of the property. Don't miss your chance to own this meticulously renovated historic home, where charm and modern convenience converge. SCHEDULE A PRIVATE SHOWING TODAY!

Last Agent to Sell the Property

Eva Mullins

Coldwell Banker Realty License #3151178 Listed on: 05/23/2024

Coldwell Banker Realty

Last Buyer's Agent

Leo Bullock

Eleven Beaches Real Estate Group License #BK3355105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,607

Year Built

  • Built in 1947

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 65x125

Parking

  • 1 Car Garage

Home Design

  • Florida Architecture
  • Entry on the 1st floor

Interior Spaces

  • Living Room
  • Bonus Room
  • Workshop
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Cove Terrace Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,607

Year Built

Built in 1947

Lot Details

8,276 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1947
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.19
  • Lot Size: 65x125
  • Road Frontage Type: City Street
  • Subdivision Name: Cove Terrace
  • Architectural Style: Florida
  • Entry Level: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Electric Water Heater
  • Interior Amenities: Workshop
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom, Patio, Workshop, Bonus Room

Exterior Features

  • Fencing: Partial
  • Waterfront: No
  • Exterior Features: Deck, Patio
  • Patio And Porch Features: Deck, Covered, Patio

Garage/Parking

  • Garage Spaces: 1.0
  • Garage: Yes
  • Attached Garage: No

Utilities

  • Utilities: High Speed Internet Available, Water Connected
  • Cooling: Ductless
  • Heating: Ductless
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 8276.0
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 1607.0
  • Tax Year: 2023

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
May 23, 2024
Closed on
Jun 28, 2024
Sold by
Bought by
Seller's Agent
Eva Mullins
Coldwell Banker Realty
Buyer's Agent
Leo Bullock
Eleven Beaches Real Estate Group
List Price
$210,000
Sold Price
$217,500
Premium/Discount to List
$7,500
3.57%
Views
14
Current Estimated Value
$230,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,136
Avg. Annual Appreciation
3.10%
Original Mortgage
$204,450
Outstanding Balance
$201,291
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$29,345

Purchase Details

Listed on
Jun 27, 2018
Closed on
Jul 20, 2018
Sold by
Bought by
Seller's Agent
Kelsey Ellis
Overstreet Realty
Buyer's Agent
Eva Mullins
Coldwell Banker Realty
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.10%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$217,500 Omega National Title
$69,900 American Guardian Title & Es
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 $204,450
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 Prior Sale
06/28/2024 06/28/24 Sold $217,500 +3.6% $268 / Sq Ft
05/22/2024 05/22/24 For Sale $210,000 +200.4% $259 / Sq Ft
06/20/2022 06/20/22 Off Market $69,900 -- --
07/25/2018 07/25/18 Sold $69,900 0.0% $86 / Sq Ft View Prior Sale
07/09/2018 07/09/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $69,900 -- $86 / 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 $1,765 $178,548 $43,076 $135,472
2024 $1,607 $88,767 -- --
2023 $1,607 $80,697 $38,676 $50,851
2022 $1,416 $73,361 $0 $0
2021 $1,333 $66,692 $0 $0
2020 $1,192 $60,629 $32,688 $27,941
2019 $965 $59,726 $31,466 $28,260
2018 $275 $43,188 $0 $0
2017 $259 $42,300 $0 $0
2016 $252 $41,430 $0 $0
2015 $255 $41,142 $0 $0
2014 $247 $40,815 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eva Mullins

    Seller's Agent in 2024

    Eva Mullins

    Coldwell Banker Realty

    (850) 527-3269

    1 in this area

    48 Total Sales

    Eva Mullins
    Section Image

  • L

    Buyer's Agent in 2024

    Leo Bullock

    Eleven Beaches Real Estate Group

    (850) 851-8878

    1 in this area

    11 Total Sales

    Leo Bullock
    Section Image

  • K

    Seller's Agent in 2018

    Kelsey Ellis

    Overstreet Realty

    (850) 257-6510

    6 Total Sales

    Kelsey Ellis
    Section Image

  • C

    Seller Co-Listing Agent in 2018

    Connie Overstreet

    Overstreet Realty

    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 757531

Central Panhandle Association of REALTORS®

APN: 21816-000-000

Florida Bay County Panama City 32401 South Panama City

1603 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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