NOT LISTED FOR SALE

1802 Cincinnati Ave Panama City, FL 32405

Estimated Value: $109,000 - $228,000

3 Beds
2 Baths
1,292 Sq Ft
$146/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2024

Last sale price $70,000 $54 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,045 / mo

15 Days on Market

About This Home

As of May 2024

OCCUPIED - DO NOT DISTURB! Unlock the potential of this property in Panama City, just minutes from local amenities and the beach. While it requires quite a bit of work, this property presents a lucrative renovation opportunity. With local spots, shopping, dining, and the beach all within easy reach, the location is unbeatable. Investors have the potential to earn up to $40,000 in flip profits by revitalizing this property. Don't miss out on this chance to turn this property into a profitable investment in Panama City's thriving real estate market. Contact us today to know more!

Last Agent to Sell the Property

Blake Woodham

The Gulf Coast Property Group License #SL3322765 Listed on: 04/29/2024

Last Buyer's Agent

Ramone Silvera

Salty Marlin Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $533

Year Built

  • Built in 1995

Lot Details

  • 4,617 Sq Ft Lot
  • Lot Dimensions are 66x70

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$533

Year Built

Built in 1995

Lot Details

4,617 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.11
  • Lot Size: 66x70
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Other
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Dining Room Type: Bedroom

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Water Connected
  • Sewer: Public Sewer

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Size Sq Ft: 4617.0
  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 533.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Lucille Moore
  • 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
Apr 29, 2024
Closed on
May 31, 2024
Sold by
Bought by
Seller's Agent
Blake Woodham
The Gulf Coast Property Group
Buyer's Agent
Ramone Silvera
Salty Marlin Realty LLC
List Price
$145,000
Sold Price
$70,000
Premium/Discount to List
-$75,000
-51.72%
Views
98
Current Estimated Value
$189,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,208
Avg. Annual Appreciation
62.43%

Purchase Details

Closed on
Apr 4, 2005
Sold by
Bought by

Purchase Details

Closed on
Nov 30, 2004
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
$88,240
Interest Rate
5.75%
Mortgage Type
New Conventional
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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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
$70,000 South Oak Title
$70,000 South Oak Title
$131,500 --
$110,300 --
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
Previous Owner $88,240
Closed $11,030
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
05/31/2024 05/31/24 Sold $70,000 -17.6% $54 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
05/14/2024 05/14/24 Price Changed $85,000 -41.4% $66 / Sq Ft
04/29/2024 04/29/24 For Sale $145,000 -- $112 / 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 $299 $120,592 $31,268 $89,324
2024 $533 $81,164 -- --
2023 $533 $78,800 $0 $0
2022 $598 $76,505 $0 $0
2021 $561 $74,277 $0 $0
2020 $726 $60,436 $15,158 $45,278
2019 $465 $60,281 $14,256 $46,025
2018 $0 $72,348 $0 $0
2017 $0 $71,526 $0 $0
2016 -- $71,942 $0 $0
2015 -- $72,214 $0 $0
2014 -- $72,961 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 756349

Central Panhandle Association of REALTORS®

APN: 28907-010-000

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