NOT LISTED FOR SALE

Estimated Value: $555,923

-- Bed
-- Bath
24,680 Sq Ft
$23/Sq Ft Est. Value

Last Sold August 10, 2017

Last sale price $560,000 $23 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,302/month

708 Days on Market

Highlights

  • Bayou View
  • Corner Lot
  • Central Heating and Cooling System
  • 3.78 Acre Lot
  • No HOA
  • 1-Story Property

About This Home

As of August 2017

This property consists of two parcels; Bay County Parcel Numbers 22766-000-000 (being 2.81? acres) and 22179-000-000 (being .539 acres) for a total acreage of 3.35 acres. Both parcels are split zoned, with the south halfs being zoned General Commercial - 2 (GC-2 - Panama City) and the north halfs zoned Mixed Use - 3 (MU-3 - Panama City). The mixed use zoning allows for up to 20 residential units per acre. The site includes five buildings; the main showroom (5,244 SF), main warehouse (12,000 SF), cabinet shop (3,536 SF), small warehouse (2,700 SF), and a small office building (1,200 SF). Looking south offers water views of Watson Bayou. The current zoning of this site allows for many uses, perfectly suited for retail or service related businesses, or as a redevelopment site with

Last Agent to Sell the Property

Charlie Haas

Counts Real Estate Group License #3021473 Listed on: 05/14/2015

Counts Real Estate Group

Co-Listed By

Jim Everitt

Counts Real Estate Group License #3047088

Last Buyer's Agent

Dwight Hicks

Five Oaks Realty License #3166101

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,098

Year Built

  • Built in 1969

Lot Details

  • 3.78 Acre Lot
  • Corner Lot
  • Zoning described as City,General Commercial,Resid Multi-Family

Home Design

  • Flat Roof Shape
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Bayou Views

Schools

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

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • 220 Volts

Community Details

  • No Home Owners Association
  • Emmons Add Millville Subdivision

Property Details

Property Type

Other

Est. Annual Taxes

$3,098

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1969
  • Property Sub Type: Other
  • Lot Size Acres: 3.78
  • Lot Size: IRREGULAR
  • Road Surface Type: Paved
  • Co List Office Mls Id: BSG2
  • Co List Office Phone: (850) 248-3615
  • Subdivision Name: Emmons Add-Millville
  • Unit Levels: One
  • Building Stories: 1
  • ResoPropertyType: CommercialSale
  • Property Sub Type Additional: Other
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Commercial

Exterior Features

  • View: Bayou
  • Construction Type: Block, Metal Siding, Wood Frame
  • Roof: Flat, Metal

Utilities

  • Utilities: Sewer Available, Water Available
  • Cooling: Central Air, Electric, Partial
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: 3 Phase, 220 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Rosenwald

Lot Info

  • Lot Features: Corner Lot
  • Zoning Description: City,General Commercial,Resid Multi-Family

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2015
Closed on
Jul 30, 2017
Sold by
Welch Mark G and Welch Anne R
Bought by
Panhandle Equities Llc
Seller's Agent
Charlie Haas
Counts Real Estate Group
Buyer's Agent
Dwight Hicks
Five Oaks Realty
List Price
$749,000
Sold Price
$560,000
Premium/Discount to List
-$189,000
-25.23%
Current Estimated Value
$555,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,077
Avg. Annual Appreciation
-0.34%

Purchase Details

Closed on
Sep 26, 2016
Sold by
Welch David L
Bought by
Welch Anne R

Purchase Details

Closed on
Sep 1, 2016
Bought by
Panhandle Equities Llc
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Panhandle Equities Llc $280,000 Omega Title Llc
Welch Anne R -- None Available
Panhandle Equities Llc $100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $560,000 -- --
08/10/2017 08/10/17 Sold $560,000 -25.2% $23 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
05/14/2015 05/14/15 For Sale $749,000 -- $30 / 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 $3,098 $181,860 $179,360 $2,500
2023 $3,098 $181,860 $179,360 $2,500
2022 $2,602 $159,988 $159,988 $0
2021 $2,471 $147,460 $147,460 $0
2020 $2,504 $147,460 $147,460 $0
2019 $2,383 $147,460 $147,460 $0
2018 $3,652 $241,164 $0 $0
2017 $6,286 $419,475 $0 $0
2016 $6,433 $419,475 $0 $0
2015 $6,648 $421,562 $0 $0
2014 $7,015 $448,688 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 632268

Central Panhandle Association of REALTORS®

APN: 22766-000-000