NOT LISTED FOR SALE

1848 Lake Ave Panama City, FL 32405

Estimated Value: $199,091 - $212,000

3 Beds
2 Baths
1,200 Sq Ft
$172/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $130,000 $108 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,152/month

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Wood Siding
  • Covered Patio or Porch
  • Dining Room

About This Home

As of April 2021

Welcome to 1848 Lake Ave which has recently been updated to include a new roof! This 3 bedroom 2 bathroom, loft townhome is perfect for an investor, first time home buyer or even raise a family! Centrally located for both Panama City and Panama City Beach. If is 9.9 miles from Pier Park and 10 minutes to the beach and within minutes to 23rd Street for shopping and restaurants. Luxury Vinyl Tile flooring upstairs and tile flooring downstairs. Vintage Barn wood used on the outside of kitchen cabinets. Call today to view this wonderful home!

Last Agent to Sell the Property

Don Cooley

Counts Real Estate Group Inc License #3044845 Listed on: 02/23/2021

Counts Real Estate Group Inc

Co-Listed By

Bubba McCants

EXP Realty LLC License #3062634

Last Buyer's Agent

Daryle Burkey

Coldwell Banker United Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $975

Year Built

  • Built in 1985

Lot Details

  • 3,180 Sq Ft Lot
  • Lot Dimensions are 23x140

Parking

  • No Garage

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Dining Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$975

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Attached
  • Lot Size Acres: 0.07
  • Lot Size: 23x140
  • Co List Office Mls Id: BSGC
  • Co List Office Phone: (850) 249-3615
  • Subdivision Name: No Named Subdivision
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1200.0
  • Dining Room Type: Bedroom, Dining Room, Primary Bedroom

Exterior Features

  • Waterfront: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered, Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: No Garage
  • Garage: No

Utilities

  • 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

  • Lot Size Sq Ft: 3180.0
  • Zoning Description: City

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 975.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Lucille Moore
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2023
Sold by
Howe-Cornelius Holly Lynn
Bought by
City Of Panama City
Current Estimated Value
$206,030

Purchase Details

Listed on
Feb 23, 2021
Closed on
Apr 21, 2021
Sold by
Ness Arthur J
Bought by
Cornelius Holly Lynn
Seller's Agent
Don Cooley
Counts Real Estate Group Inc
Buyer's Agent
Daryle Burkey
Coldwell Banker United Realtors
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.22%
Original Mortgage
$104,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2007
Sold by
Smith Jodi M
Bought by
Ness Arthur J
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
City Of Panama City $192,000 None Listed On Document
Cornelius Holly Lynn $130,000 South Oak Ttl Panama City Be
Ness Arthur J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cornelius Holly Lynn $104,000
Previous Owner Ness Arthur J $33,200
Previous Owner Ness Arthur J $30,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $130,000 -- --
04/21/2021 04/21/21 Sold $130,000 -3.7% $108 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $135,000 -- $113 / 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 $365 $164,863 $13,932 $150,931
2023 $365 $121,580 $11,610 $133,046
2022 $1,947 $110,527 $7,778 $102,749
2021 $1,150 $57,637 $7,082 $50,555
2020 $975 $45,532 $6,501 $39,031
2019 $744 $46,024 $6,339 $39,685
2018 $864 $57,065 $0 $0
2017 $857 $57,185 $0 $0
2016 $887 $57,839 $0 $0
2015 $922 $58,493 $0 $0
2014 $925 $59,147 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Don Cooley

    Seller's Agent in 2021

    Don Cooley

    Counts Real Estate Group Inc

    (850) 832-4251

    242 Total Sales

    Don Cooley
    Section Image
  • Bubba McCants

    Seller Co-Listing Agent in 2021

    Bubba McCants

    EXP Realty LLC

    (850) 624-8433

    368 Total Sales

    Bubba McCants
    Section Image

  • D

    Buyer's Agent in 2021

    Daryle Burkey

    Coldwell Banker United Realtors

  • L

    Buyer Co-Listing Agent in 2021

    Linda Barfield-Jegg

    Coldwell Banker United Realtor

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 708184

Central Panhandle Association of REALTORS®

APN: 28914-022-000

Florida Bay County Panama City 32405

1848 Lake Ave, Panama City, FL

This home is located at 1848 Lake Ave, Panama City, FL 32405 since 23 February 2021 and is currently estimated at $206,030, approximately $171 per square foot. This property was built in 1985. 1848 Lake 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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