NOT LISTED FOR SALE

1609 Drake Ave Panama City, FL 32405

Estimated Value: $197,000 - $258,206

3 Beds
1 Bath
1,395 Sq Ft
$160/Sq Ft Est. Value

Last Sold January 11, 2018

Last sale price $70,000 $50 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $1,409/month

106 Days on Market

Highlights

  • No HOA
  • Interior Lot
  • Outdoor Storage
  • Oversized Parking
  • Living Room
  • Central Heating and Cooling System

About This Home

As of January 2018

PRICE REDUCED! MOTIVATED SELLER...HANDYMAN SPECIAL, FIXER UPPER... A LOT OF HOUSE FOR THE MONEY!!! Centrally located on a beautiful lot with mature trees. Two out buildings, one with electricity. 3 Bedrooms/1 Bath, plenty of closets. Beautiful knotty pine in family room. All tiled except for formal dining room. Indoor laundry room. Back yard is chain-link fenced. Floor joists replaced approximately 8 years ago, windows replaced and plumbing replaced with pvc piping.

Last Agent to Sell the Property

Cheryl Wright

Coldwell Banker Realty License #3059224 Listed on: 09/08/2017

Coldwell Banker Realty

Co-Listed By

John Wray

Coldwell Banker Realty License #3004828

Last Buyer's Agent

Cheryl Wright

Coldwell Banker Realty License #3059224 Listed on: 09/08/2017

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $427

Year Built

  • Built in 1945

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 132x140
  • Interior Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,395 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Carport
  • Oversized Parking
  • Driveway

Outdoor Features

  • Outdoor Storage

Schools

  • Lucille Moore Elementary School
  • Jinks Middle School
  • Bay High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4&5 / 23

Home Details

Home Type

Single Family

Est. Annual Taxes

$427

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1945
  • Property Sub Type: Detached
  • Lot Size Acres: 0.42
  • Lot Size: 132x140
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: BSA2
  • Co List Office Phone: (850) 234-6696
  • Subdivision Name: [No Recorded Subdiv]
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1395.0
  • Dining Room Type: Dining Room, Family Room, Full Bath, Kitchen, Laundry, Living Room
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Chain Link
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Storage
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Carport, Driveway, Oversized

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Cleared, Interior Lot, Level
  • Lot Size Sq Ft: 18295.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 427.0
  • Tax Block: 23
  • Tax Lot: 4&5
  • Tax Year: 2016

MLS Schools

  • Elementary School: Lucille Moore
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2017
Closed on
Jan 11, 2018
Sold by
Cagle Becky S
Bought by
Hunt Randy Ezell
Seller's Agent
Cheryl Wright
Coldwell Banker Realty
Buyer's Agent
Cheryl Wright
Coldwell Banker Realty
List Price
$89,000
Sold Price
$70,000
Premium/Discount to List
-$19,000
-21.35%
Current Estimated Value
$223,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,552
Avg. Annual Appreciation
16.44%

Purchase Details

Closed on
Mar 22, 2001
Sold by
Little Lottie M
Bought by
Cagle Robert Wayne and Cagle Becky S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,250
Interest Rate
7.11%
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
Hunt Randy Ezell $70,000 Mti Title Ins Agency Inc
Cagle Robert Wayne $64,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cagle Becky S $50,000
Previous Owner Cagle Becky S $35,000
Previous Owner Cagle Robert Wayne $30,000
Previous Owner Cagle Robert Wayne $15,000
Previous Owner Cagle Robert Wayne $61,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $70,000 -- --
01/11/2018 01/11/18 Sold $70,000 -21.3% $50 / Sq Ft
12/23/2017 12/23/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $89,000 -- $64 / 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 $2,292 $124,630 -- --
2023 $2,292 $144,006 $64,291 $79,715
2022 $1,925 $103,000 $0 $0
2021 $1,720 $93,636 $42,042 $51,594
2020 $1,676 $89,460 $41,265 $48,195
2019 $1,417 $87,695 $38,808 $48,887
2018 $1,379 $89,655 $0 $0
2017 $1,204 $80,306 $0 $0
2016 $427 $57,943 $0 $0
2015 $438 $57,540 $0 $0
2014 $440 $57,083 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Wright

    Seller's Agent in 2018

    Cheryl Wright

    Coldwell Banker Realty

    (850) 238-6082

    48 Total Sales

    Cheryl Wright
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    John Wray

    Coldwell Banker Realty

    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 662953

Central Panhandle Association of REALTORS®

APN: 29478-000-000

Florida Bay County Panama City 32405

1609 Drake Ave, Panama City, FL

This home is located at 1609 Drake Ave, Panama City, FL 32405 since 08 September 2017 and is currently estimated at $223,552, approximately $160 per square foot. This property was built in 1945. 1609 Drake Ave is a home located in Bay County with nearby schools including Lucille Moore Elementary School, Jinks Middle School, and Bay High School.

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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