NOT LISTED FOR SALE

1844 Lake Ave Panama City, FL 32405

Estimated Value: $205,000 - $213,532

2 Beds
2 Baths
1,200 Sq Ft
$175/Sq Ft Est. Value

Last Sold February 03, 2017

Last sale price $109,980 $92 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,358/month

124 Days on Market

Highlights

  • Deck
  • No HOA
  • Porch
  • Vaulted Ceiling
  • Home Office
  • Screened Patio

About This Home

As of February 2017

MOTIVATED SELLER! Freshly painted 2 BR 2 Bath townhouse with office/bonus room/nursery near the master bedroom. New architectural shingle roof. Fruit trees in the back yard. Located in a convenient location. Close to Lucille Moore Elementary and Boys and Girl's Club of Bay County. Easy access to Highway 98 and Beck Avenue. Why pay rent when you can own this spacious townhouse. It is also a great investment property. Was recently rented for $895 per month. More photos coming soon.

Last Agent to Sell the Property

William Bass

The Beaches 360 Real Estate Group Inc. License #BK3228316 Listed on: 08/28/2016

Co-Listed By

Kathy Bass

Avenue Realty License #3228304

Last Buyer's Agent

Daryle Burkey

Coldwell Banker United Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $895

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 23 x 140
  • Fenced

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Living Room
  • Home Office

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot Metes Bounds

Community Details

Overview

  • No Home Owners Association
  • E.L. Wood Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$895

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Attached
  • Lot Size: 23 X 140
  • Road Frontage Type: City Street
  • Co List Office Mls Id: BKWS
  • Co List Office Phone: (850) 249-0313
  • Subdivision Name: E.L. Wood
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Townhouse
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Interior Amenities: High Ceilings, Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1200.0
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom, Office
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Fenced
  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Deck, Open, Porch, Screened

Garage/Parking

  • Parking Features: Driveway
  • Garage: No

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Unfurnished
  • Lease Term: Month To Month

Tax Info

  • Tax Annual Amount: 895.0
  • Tax Lot: Metes Bounds
  • Tax Year: 2015

MLS Schools

  • Elementary School: Lucille Moore
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2023
Sold by
Revoc Howard and Revoc Helen
Bought by
City Of Panama City
Current Estimated Value
$210,511

Purchase Details

Closed on
Oct 14, 2020
Sold by
Riley Howard Eugene and Riley Helen Faye
Bought by
Riley Howard E and Riley Helen F

Purchase Details

Listed on
Aug 28, 2016
Closed on
Feb 3, 2017
Sold by
Barnett Benjamin S
Bought by
Riley Howard Eugene and Riley Helen Faye
Seller's Agent
William Bass
The Beaches 360 Real Estate Group Inc.
Buyer's Agent
Daryle Burkey
Coldwell Banker United Realtors
List Price
$125,000
Sold Price
$109,980
Premium/Discount to List
-$15,020
-12.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%

Purchase Details

Closed on
Jul 12, 2005
Sold by
Sklarski Jon and Sklarski Kara
Bought by
Barnett Benjamin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.54%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 30, 2003
Sold by
Mathis Julie A and Bogle Julie A
Bought by
Stamant Kara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,897
Interest Rate
5.79%
Mortgage Type
FHA
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
City Of Panama City $195,000 --
Riley Howard E -- Accommodation
Riley Howard Eugene $110,000 Diamond Title Agency Inc
Barnett Benjamin S $135,000 Diamond Title Agency Inc
Stamant Kara $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barnett Benjamin S $108,000
Previous Owner Barnett Benjamin S $20,250
Previous Owner Stamant Kara $70,897
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Off Market $109,980 -- --
06/20/2022 06/20/22 Off Market $800 -- --
02/03/2017 02/03/17 Sold $109,980 -12.0% $92 / Sq Ft
12/30/2016 12/30/16 Pending -- -- --
08/28/2016 08/28/16 For Sale $125,000 0.0% $104 / Sq Ft
08/08/2014 08/08/14 Rented $800 0.0% --
08/08/2014 08/08/14 Under Contract -- -- --
07/18/2014 07/18/14 For Rent $800 -- --
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 -- $130,057 $13,878 $116,179
2023 -- $100,087 $11,565 $107,238
2022 $1,705 $90,988 $7,748 $83,240
2021 $1,683 $87,353 $7,054 $80,299
2020 $1,775 $91,891 $6,476 $85,415
2019 $1,494 $92,429 $6,314 $86,115
2018 $1,410 $93,129 $0 $0
2017 $836 $55,816 $0 $0
2016 $860 $56,078 $0 $0
2015 $895 $56,786 $0 $0
2014 $899 $57,494 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 649975

Central Panhandle Association of REALTORS®

APN: 28914-020-000