NOT LISTED FOR SALE

2500 Albert Ave Panama City, FL 32408

Estimated Value: $456,000 - $494,000

3 Beds
2 Baths
1,710 Sq Ft
$280/Sq Ft Est. Value

Sale Details

Date Sold: March 18, 2022

Last sale price $384,500 $225 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,863 / mo

1 Day on Market

Highlights

  • In Ground Pool
  • No HOA
  • Double Pane Windows
  • Patronis Elementary School Rated A-
  • Covered Patio or Porch
  • Cooling Available

About This Home

As of March 2022

This is a charming home located in the heart of east Panama City Beach. Totally renovated and updated, this home is 5 minutes to the Navy Base, the sandy beaches, shopping and dining. 20 minutes to town or Pier Park. This 3-bedroom/2 bath has 1,710 sq. ft. of living space sitting on 0.2 of an acre. Inside you will find a renovated kitchen with newer appliances, granite countertops, porcelain tile throughout the living areas and an open floor plan. There are new hurricane proof windows in the living room and master bedroom. French doors in the recreation room lead to your outside paradise, with a newly fenced yard, a 16' x 24' pool with a replastered gunite lining, a large, covered patio and plenty of room for your grill and firepit. Plenty of storage included in the newer 12' x 12' shed. The roof is only 5 years old and the water heater less than 3 years old. Solar panels were installed last year and pay 100% of the electric costs! In 2021, the total electric bill was $190! The closing date is flexible, but March 14 is preferred, giving you plenty of time to make moving arrangements. Qualified buyers are advised to act quickly before this dream home gets away.

Last Agent to Sell the Property

Ron Rago

Beachy Beach Real Estate License #SL3406280 Listed on: 01/07/2022

Beachy Beach Real Estate

Last Buyer's Agent

Caitlyn Hyatt

Counts Real Estate Group Inc License #SL3435634

Counts Real Estate Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $973

Year Built

  • Built in 1963

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 80 x 107
  • Fenced

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Attic Fan
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Fence Around Pool
  • Gunite Pool

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Point Royal Homes Unit 1 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$973

Year Built

Built in 1963

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.2
  • Lot Size: 80 x 107
  • Road Frontage Type: City Street
  • Subdivision Name: Point Royal Homes Unit 1
  • Architectural Style: Ranch
  • Unit Levels: One
  • Efficiency: Solar Panel(s)
  • 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
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Dining Room Type: Bedroom, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
  • Stories: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Features: Fenced, Gunite, Pool
  • Fencing: Fenced
  • Waterfront: No
  • Construction Type: Brick Veneer, Frame, Stucco, Wood Frame
  • Exterior Features: Rain Gutters
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio
  • Roof: Asphalt

Garage/Parking

  • Parking Features: No Garage
  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Electricity Available, Water Connected
  • Cooling: Attic Fan, Heat Pump
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 8712.0
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 973.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2025
Sold by
M & M Investments & Acquisitions Llc
Bought by
Gandhi Gaurav and Nikitina Elena
Current Estimated Value
$478,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Outstanding Balance
$364,973
Interest Rate
6.03%
Mortgage Type
New Conventional
Estimated Equity
$113,129

Purchase Details

Listed on
Jan 7, 2022
Closed on
Mar 10, 2022
Sold by
Cappiello Michael V and Cappiello Lynette M
Bought by
M & M Investments & Acquisitions Llc
Seller's Agent
Ron Rago
Beachy Beach Real Estate
Buyer's Agent
Caitlyn Hyatt
Counts Real Estate Group Inc
List Price
$383,200
Sold Price
$384,500
Premium/Discount to List
$1,300
0.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$288,375
Interest Rate
3.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Gandhi Gaurav $490,000 Defender Title & Escrow
Gandhi Gaurav $490,000 Defender Title & Escrow
M & M Investments & Acquisitions Llc $384,500 Defender Title & Escrow
M & M Inv & Acquisitions Llc $384,500 Defender Title & Escrow
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Gandhi Gaurav $367,500
Closed Gandhi Gaurav $367,500
Previous Owner M & M Inv & Acquisitions Llc $288,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2022 06/20/22 Off Market $384,500 -- --
03/18/2022 03/18/22 Sold $384,500 +0.3% $225 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $383,200 -- $224 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
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 $3,767 $303,845 $51,336 $252,509
2024 $3,767 $303,255 $47,020 $256,235
2023 $3,827 $302,915 $44,788 $258,127
2022 $1,005 $121,548 $0 $0
2021 $973 $115,580 $0 $0
2020 $968 $113,984 $0 $0
2019 $960 $112,600 $0 $0
2018 $950 $110,500 $0 $0
2017 $932 $108,227 $0 $0
2016 $921 $106,001 $0 $0
2015 $947 $105,624 $0 $0
2014 $934 $104,786 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 720489

Central Panhandle Association of REALTORS®

APN: 31213-000-000

Your Personal Tour Guide

Ask me questions while you tour the home.