NOT LISTED FOR SALE

Estimated Value: $781,867

-- Bed
-- Bath
3,762 Sq Ft
$208/Sq Ft Est. Value

Last Sold March 21, 2014

Last sale price $255,000 $68 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $4,857/month

131 Days on Market

Highlights

  • No HOA
  • Multiple cooling system units
  • 1-Story Property
  • Display Windows
  • Central Heating and Cooling System
  • 1-minute walk to McKenzie Park

About This Home

As of March 2014

LOOKING FOR CLASS A OFFICE SPACE IN HISTORIC DOWN TOWN PANAMA CITY? THIS IS BY FAR THE BEST OPPORTUNITY FOR YOU. INCLUDES 11 PRIVATE OFFICE SUITES, ALL WITH 3/4 OAK HARDWOOD FLOORS, HIGH CEILINGS WITH DRYWALL AND A TON OF RECESSED LIGHTING IN COMMON AREAS, 20 FOOT LOBBY AND 18 FOOT BOARD ROOM. 5 OF THE OFFICES ARE 16 FEET DEEP WITH GORGEOUS ANTIQUE BRICK WALLS. HIGH CEILINGS WITH ALL DRYWALL. TWO REST ROOMS AND A LARGE KITCHEN. DUAL HEAT AND AIR SYSTEMS, NEW ROOF. FRONT AND REAR PARKING. LOCATED ACROSS THE STREET FROM McKENZIE PARK AND JUST 2 BLOCKS FROM THE WATER FRONT AT THE MARINA CIVIC CENTER.

Last Agent to Sell the Property

Butch Metcalf

CitiStar Realty License #3060478 Listed on: 10/18/2013

Last Buyer's Agent

Butch Metcalf

RECIPROCAL

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,914

Year Built

  • Built in 1915

Lot Details

  • Zoning described as Office/Prof

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,762 Sq Ft Home
  • 1-Story Property
  • Display Windows

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • 220 Volts
  • Phone Available

Community Details

Overview

  • No Home Owners Association
  • Gulf Coast Dev Co Plat Subdivision

Pet Policy

  • Pets Allowed

Property Details

Property Type

Other

Est. Annual Taxes

$6,914

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1915
  • Property Sub Type: Other
  • Road Frontage Type: City Street
  • Subdivision Name: Gulf Coast Dev Co Plat
  • Unit Levels: One
  • Building Stories: 1
  • ResoPropertyType: CommercialSale
  • Property Sub Type Additional: Other
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Commercial
  • Living Area: 3762.0
  • Window Features: Display Window(s)

Exterior Features

  • Construction Type: Brick Veneer

Utilities

  • Utilities: Phone Available
  • Cooling: Central Air, Electric, Multi Units
  • Heating: Central, Electric
  • Green Building Features: Handicap Access, Office, Private Restrooms
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: 220 Volts

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Zoning Description: Office/Prof

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2024
Sold by
Beachy Beach Llc
Bought by
213 Harrison Llc
Current Estimated Value
$781,867

Purchase Details

Closed on
Jun 20, 2024
Sold by
Spence Holdings Inc
Bought by
Beachy Beach Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 18, 2013
Closed on
Mar 21, 2014
Sold by
Kernan Benjamin T
Bought by
Spence Holdings Inc
Seller's Agent
Butch Metcalf
CitiStar Realty
Buyer's Agent
Butch Metcalf
RECIPROCAL
List Price
$299,000
Sold Price
$255,000
Premium/Discount to List
-$44,000
-14.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,750
Interest Rate
4.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 2005
Sold by
Neilson Thomas L and Neilson Elisabeth C
Bought by
Kernan Benjamin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2003
Sold by
Talkington Wade B
Bought by
Neilson Thomas L and Neilson Elisabeth C
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
213 Harrison Llc $1,120 None Listed On Document
213 Harrison Llc $1,120 None Listed On Document
213 Harrison Llc $1,120 None Listed On Document
Beachy Beach Llc $800,000 Provident Title
Spence Holdings Inc $255,000 First American Title Ins Co
Kernan Benjamin T $450,000 --
Neilson Thomas L $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beachy Beach Llc $600,000
Previous Owner Spence Holdings Inc $216,750
Previous Owner Kernan Benjamin T $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $255,000 -- --
03/21/2014 03/21/14 Sold $255,000 -14.7% $68 / Sq Ft
02/26/2014 02/26/14 Pending -- -- --
10/18/2013 10/18/13 For Sale $299,000 -- $79 / 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 $6,914 $340,490 -- --
2023 $6,914 $309,536 $95,287 $308,405
2022 $5,236 $251,391 $0 $0
2021 $4,985 $228,537 $0 $0
2020 $4,338 $207,761 $47,916 $159,845
2019 $4,008 $209,124 $43,560 $165,564
2018 $4,795 $264,313 $0 $0
2017 $4,516 $243,898 $0 $0
2016 $4,065 $221,725 $0 $0
2015 $3,999 $213,068 $0 $0
2014 $4,024 $217,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 614005

Central Panhandle Association of REALTORS®

APN: 19601-010-000