NOT LISTED FOR SALE

2002 Drake Ave Panama City, FL 32405

Estimated Value: $271,000 - $295,614

3 Beds
1.5 Baths
1,496 Sq Ft
$189/Sq Ft Est. Value

Sale Details

Date Sold: September 27, 2021

Last sale price $130,000 $87 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,835 / mo

1 Day on Market

Highlights

  • No HOA
  • Patio
  • Central Air
  • Double Pane Windows
  • Living Room
  • Ceiling Fan

About This Home

As of September 2021

The exterior of this Blank Canvas is in Excellent condition, the interior needs work and has been taken down to the studs, Most all the Drywall is in the Home as are all the SS Appliances. ( they are still in the boxes they arrived in. Go see this Little Diamond and you will see what I am talking about. This Home is ready to be finished and made your own. Great for the Started or the Investor. Quiet Neighborhood with a small park with in a half a block and Downtown St Andrews and the Bay with in a Half a Mile. The Perfect Location on a large lot with room for expansion..

Last Agent to Sell the Property

James Murphy

Re/Max Infinity Listed on: 08/06/2021

Last Buyer's Agent

Chrystabel Luya

Keller Williams Success Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $771

Year Built

  • Built in 1963

Lot Details

  • 11,326 Sq Ft Lot
  • Lot Dimensions are 90 x 125

Parking

  • Open Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room

Kitchen

  • Electric Oven
  • Electric Range
  • Ice Maker

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Hentz 1St Add Unit B Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$771

Year Built

Built in 1963

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.26
  • Lot Size: 90 X 125
  • Road Frontage Type: City Street
  • Subdivision Name: Hentz 1st Add Unit B
  • Architectural Style: Ranch
  • Unit Levels: One
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Ice Maker, PlumbedForIce Maker
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Dining Room Type: Full Bath, Kitchen, Living Room, Primary Bedroom
  • Stories: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Construction Type: Brick
  • Exterior Features: Patio
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Open
  • Garage: No
  • Attached Garage: No
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Available, Water Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Paved
  • Development Status: Remodeled/Upgraded
  • Lot Size Sq Ft: 11326.0
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 771.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Lucille Moore
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2023
Sold by
Li Yongyi and Yule Adrien
Bought by
Hester Garrett and Hester Hannah
Current Estimated Value
$283,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,250
Outstanding Balance
$273,233
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$9,921

Purchase Details

Closed on
Mar 30, 2022
Sold by
Yongyi Li
Bought by
Yule Adrien

Purchase Details

Closed on
Jan 27, 2022
Sold by
Hometown Pursuit Inc
Bought by
Li Yongyi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 6, 2021
Closed on
Sep 27, 2021
Sold by
Cook Deborah L
Bought by
Hometown Pursuit Inc
Seller's Agent
James Murphy
Re/Max Infinity
Buyer's Agent
Chrystabel Luya
Keller Williams Success Realty
List Price
$159,000
Sold Price
$130,000
Premium/Discount to List
-$29,000
-18.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.62%
Original Mortgage
$151,900
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 12, 2014
Sold by
Rae Henry Cordell V and Rae Henry Shirley
Bought by
Cook Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,600
Interest Rate
4.26%
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

Date Buyer Sale Price Title Company
Hester Garrett $295,000 Clear Title
Yule Adrien $115,000 None Listed On Document
Li Yongyi $250,000 None Listed On Document
Hometown Pursuit Inc $130,000 Attorney
Cook Deborah L $88,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hester Garrett $280,250
Previous Owner Li Yongyi $237,500
Previous Owner Hometown Pursuit Inc $151,900
Previous Owner Cook Deborah L $83,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2022 06/20/22 Off Market $130,000 -- --
09/27/2021 09/27/21 Sold $130,000 -18.2% $87 / Sq Ft
08/06/2021 08/06/21 For Sale $159,000 -- $106 / Sq Ft
Source: Central Panhandle Association of REALTORS®

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
2025 $4,129 $264,384 $55,667 $208,717
2024 $3,148 $242,789 $47,968 $194,821
2023 $3,148 $215,184 $42,046 $173,138
2022 $3,140 $190,811 $29,948 $160,863
2021 $768 $69,937 $0 $0
2020 $771 $68,971 $26,987 $41,984
2019 $510 $67,809 $25,380 $42,429
2018 $621 $80,931 $0 $0
2017 $597 $79,266 $0 $0
2016 $608 $79,120 $0 $0
2015 $1,241 $78,719 $0 $0
2014 $476 $62,356 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    James Murphy

    RE/MAX

  • C

    Buyer's Agent in 2021

    Chrystabel Luya

    Keller Williams Success Realty

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 715211

Central Panhandle Association of REALTORS®

APN: 28791-000-000

Florida Bay County Panama City 32405

2002 Drake Ave, Panama City, FL

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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