NOT LISTED FOR SALE

1716 N East Ave Panama City, FL 32405

Estimated Value: $245,000 - $302,000

5 Acres
$54,700 Price per Acre
217,800 Sq Ft Lot

Last Sold January 18, 2022

Last sale price $600,000 $228 Per Sq Ft

Current estimated payment $1,762/month

About This Lot

As of January 2022

Entered for Comp purposes. Measurements taken from property appraiser's website. Building has no value. Property zoning successfully changed to R-3 to achieve highest and best use.

Last Agent to Sell the Property

Rusty Russell

Anchor Realty Florida License #3287175 Listed on: 01/17/2022

Last Buyer's Agent

Cory Herrman

COASTAL SUN REALTY, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,504

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 315 x 710
  • Property fronts a highway
  • Zoning described as Multi-Family

Schools

  • Cedar Grove Elementary School
  • Everitt Middle School
  • Bay High School

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$2,504

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 5.0
  • Lot Size: 315 x 710
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Subdivision Name: [No Recorded Subdiv]
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Everitt

Lot Info

  • Lot Size Sq Ft: 217800.0
  • Zoning Description: Multi-Family

Tax Info

  • Tax Annual Amount: 2504.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Cedar Grove
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2023
Sold by
Falcon Ridge Townhomes Llc
Bought by
Falcon Ridge Townhomes Llc
Current Estimated Value
$273,500

Purchase Details

Listed on
Jan 17, 2022
Closed on
Jan 18, 2022
Sold by
Sellars Gwendolyn E
Bought by
Jason P Oakes Revocable Trust
Seller's Agent
Rusty Russell
Anchor Realty Florida
Buyer's Agent
Cory Herrman
COASTAL SUN REALTY, LLC
List Price
$600,000
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.56%
Original Mortgage
$480,000
Interest Rate
3.11%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 1, 2017
Bought by
Sellars Gwendolyn E
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
Falcon Ridge Townhomes Llc $100 None Listed On Document
Jason P Oakes Revocable Trust $600,000 South Oak Title
Sellars Gwendolyn E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falcon Ridge Townhomes Llc $2,716,780
Previous Owner Jason P Oakes Revocable Trust $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $600,000 -- --
01/18/2022 01/18/22 Sold $600,000 0.0% $228 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $600,000 -- $228 / 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 $8,933 $733,590 $731,250 $2,340
2023 $8,933 $710,190 $707,850 $2,340
2022 $2,364 $201,286 $129,000 $72,286
2021 $2,504 $207,192 $129,000 $78,192
2020 $2,495 $204,296 $129,000 $75,296
2019 $2,406 $197,199 $120,888 $76,311
2018 $2,839 $229,970 $0 $0
2017 $2,902 $230,944 $0 $0
2016 $2,995 $231,954 $0 $0
2015 $3,036 $227,416 $0 $0
2014 $1,113 $146,179 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 721213

Central Panhandle Association of REALTORS®

APN: 14830-000-000