NOT LISTED FOR SALE

242 Wilson Ave Panama City, FL 32401

Estimated Value: $298,000 - $352,000

3 Beds
2 Baths
1,784 Sq Ft
$184/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $337,000 $189 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,963/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Home Office
  • Breakfast Bar
  • No HOA
  • Covered Patio or Porch
  • Central Heating and Cooling System

About This Home

As of May 2024

Renovated! Discover the charm and tranquility of the historic Cove with this delightful 3-bedroom, 2-bathroom, ideally situated steps from Massalina Bayou. This cozy residence is perfectly nestled among old, majestic trees, offering a peaceful retreat from the hustle and bustle.Step inside to find a warm and inviting atmosphere. The home features eco-friendly upgrades, including solar panels (to be paid off at closing) and a natural gas tankless water heater, ensuring efficiency and sustainability. The spacious living room provides a lot of natural light and the kitchen offers an abundance of cabinets and opens to the oversized dining room. Home includes all appliances shown to include: refrigerator, washer and dryer! The bonus room/office has wall shelving and would also make a great children's play room, gym, storage room, etc. Outdoors the property boasts a screened covered back patio and a spacious detached double garage with a workshop area, perfect for hobbies or extra storage. Additionally, alley access with an electric gate adds a layer of privacy and convenience.For those looking to enjoy urban amenities, shopping, dining, and nightlife, you are just a short drive away in downtown Panama City and the Marina. Also the home is only 20 minutes from both Tyndall Air Force Base and Naval Support Activity Panama City Beach, making it an ideal choice for military personnel or those seeking proximity to these facilities.This charming home in a coveted location combines historical allure with current amenities and easy access to city attractions. Call for your private showing to see for yourself why this is the perfect home for you - it won't disappoint! Measurements approx.; verify if important.Home has been renovated:- house plumbing replaced summer 2018; the line from the street to the house was replaced in 2020- Post Hurricane Michael: home was brought down to the studs (except in laundry room and small office across from laundry room), new electrical installed, spray foam insulation under roof, all exterior walls, and the room with dark hardwood flooring has spray foam in walls to enhance the sound barrier, new wood flooring, and HVAC ductwork replaced.- Solar Panels will be paid off at closing- Natural gas to home, but only ran to the tankless water heater

Last Agent to Sell the Property

Michael Werner

Keller Williams Success Realty License #3266388 Listed on: 04/18/2024

Keller Williams Success Realty

Last Buyer's Agent

Sheri Witcher

Realty One Group Emerald Coast

Realty One Group Emerald Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,903

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 130 x 60
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,784 Sq Ft Home
  • Family Room
  • Dining Room
  • Home Office

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Cherry Street Elementary School
  • Jinks Middle School
  • Bay High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Davis Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,903

Year Built

Built in 1948 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Detached
  • Lot Size Acres: 0.18
  • Lot Size: 130 x 60
  • Road Frontage Type: City Street
  • Subdivision Name: Davis
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Power Production Type: Photovoltaics
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Remodeled
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1784.0
  • Dining Room Type: Bedroom, Dining Room, Family Room, Kitchen, Laundry, Primary Bedroom, Office
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Fenced
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Covered, Porch, Screened
  • Property Condition: Updated/Remodeled
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Garage: Yes

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Washer Hookup, Dryer Hookup
  • 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: 7841.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
May 29, 2024
Sold by
Bond David L and Bond Stephanie S
Bought by
Sorrenti Richard William
Seller's Agent
Michael Werner
Keller Williams Success Realty
Buyer's Agent
Sheri Witcher
Realty One Group Emerald Coast
List Price
$345,000
Sold Price
$337,000
Premium/Discount to List
-$8,000
-2.32%
Views
76
Current Estimated Value
$328,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,105
Avg. Annual Appreciation
-1.70%
Original Mortgage
$326,890
Outstanding Balance
$322,782
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$6,113

Purchase Details

Closed on
May 21, 2021
Sold by
Bond Stephanie S and Bond David
Bought by
Bond Stephanie S and Bond David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2013
Closed on
Jun 28, 2013
Sold by
Hearn John D and Hearn Kelly A
Bought by
Dutton Stephanie S
Seller's Agent
Mark Johnson
Carroll Realty Prop Mgt Inc
Buyer's Agent
Michael Werner
Bluekey Property Management Service and Sales LLC
List Price
$184,900
Sold Price
$168,000
Premium/Discount to List
-$16,900
-9.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$159,600
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2009
Sold by
Vanhorn Timothy J and Van Horn Katie
Bought by
Hearn John D and Hearn Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2004
Sold by
Fitzgerald Brenden J and Fitzgerald Beverly A
Bought by
Vanhorn Timothy J and Vanhorn Katie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,655
Interest Rate
5.65%
Mortgage Type
VA

Purchase Details

Closed on
Jul 29, 2002
Sold by
Adcock Avery D and Adcock Carla S
Bought by
Fitzgerald Brenden J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
6.53%
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
Sorrenti Richard William $337,000 None Listed On Document
Bond Stephanie S -- Knight Barry Title Sln Inc
Dutton Stephanie S $168,000 Cornerstone Title Agency Inc
Hearn John D $185,000 Attorney
Vanhorn Timothy J $170,000 Lawyers Title Agency Of Nort
Fitzgerald Brenden J $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorrenti Richard William $326,890
Previous Owner Bond Stephanie S $171,000
Previous Owner Dutton Stephanie S $159,600
Previous Owner Hearn John D $148,000
Previous Owner Vanhorn Timothy J $173,655
Previous Owner Fitzgerald Brenden J $118,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2024 05/29/24 Sold $337,000 -2.3% $189 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $345,000 +105.4% $193 / Sq Ft
06/20/2022 06/20/22 Off Market $168,000 -- --
06/28/2013 06/28/13 Sold $168,000 -9.1% $90 / Sq Ft View Prior Sale
05/30/2013 05/30/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $184,900 -- $99 / 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 $2,903 $186,582 -- --
2020 $1,673 $54,569 $28,224 $26,345
2019 -- $54,651 $27,072 $27,579
2018 -- $130,947 $0 $0
2017 -- $132,429 $0 $0
2016 -- $133,622 $0 $0
2015 -- $134,009 $0 $0
2014 -- $135,722 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 755853

Central Panhandle Association of REALTORS®

APN: 20199-000-000