NOT LISTED FOR SALE

2525 Cypress St Unit E Panama City, FL 32408

Upper Grand Lagoon Neighborhood

Estimated Value: $259,143 - $282,000

2 Beds
1.5 Baths
992 Sq Ft
$269/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $270,000 $272 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,632/month

81 Days on Market

Highlights

  • Furnished
  • No HOA
  • Central Air
  • Patronis Elementary School Rated A-
  • Living Room
  • Fenced

About This Home

As of January 2023

$10,000 Price Adjustment!! Investors Alert!! Turn Key AirBnB on Panama City Beach, Fl. This 2 bedroom 1-1/2 bathroom has been completely renovated from the inside out. The kitchen offers new cabinets, backsplash, butcher block countertops, inside laundry and Stainless Steel Appliances. Both bathrooms have new vanities, toilets, fixtures and upstairs has a new tub/shower combo. The back yard is completely fenced and offers a beautiful oasis with a wooden deck, plants, rocks, covered patio, large storage area, fire pit, and patio furniture. Roof replaced in 2019, New water heater, doors, windows, and HVAC system installed in 2020. Just one block from the Grand Lagoon and 5 minutes from St. Andrews State Park. Don't miss the opportunity to add this completely furnished unit to your portfolio.

Last Agent to Sell the Property

Jonathan Wolaver

Think Real Estate Listed on: 10/05/2022

Think Real Estate

Last Buyer's Agent

Laura Hartzog

Coldwell Banker Realty License #3219905

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $951

Year Built

  • Built in 1983

Lot Details

  • 2,222 Sq Ft Lot
  • Lot Dimensions are 24x102x15.75x84
  • Fenced

Home Design

  • Triplex
  • HardiePlank Type

Interior Spaces

  • 992 Sq Ft Home
  • Furnished
  • Living Room
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

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

Utilities

  • Central Air
  • Septic Tank

Community Details

  • No Home Owners Association
  • Treasure Cove Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$951

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Property Sub Type: Attached
  • Lot Size Acres: 0.05
  • Lot Size: 24x102x15.75x84
  • Road Frontage Type: City Street
  • Subdivision Name: Treasure Cove
  • Architectural Style: Triplex
  • Structure Type: Triplex
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 992.0
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Fenced
  • Waterfront: No
  • Construction Type: HardiPlank Type

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Septic Available
  • Cooling: Central Air, Electric
  • Laundry Features: Stacked
  • Cooling Y N: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 2222.0

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 951.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Jan 27, 2023
Sold by
Abraku Israel and Abraku Tiffany
Bought by
Johnston Angie Taylor
Seller's Agent
Jonathan Wolaver
Think Real Estate
Buyer's Agent
Laura Hartzog
Coldwell Banker Realty
List Price
$289,000
Sold Price
$270,000
Premium/Discount to List
-$19,000
-6.57%
Views
7
Current Estimated Value
$267,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,673
Avg. Annual Appreciation
-0.29%
Original Mortgage
$207,000
Outstanding Balance
$201,606
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$66,394

Purchase Details

Listed on
Feb 26, 2021
Closed on
May 18, 2021
Sold by
Petersen Angela J and Mccain Timothy S
Bought by
Abraku Israel and Abraku Tiffany
Seller's Agent
Stephanie Ingram
Counts Real Estate Group Inc
Buyer's Agent
Jonathan Wolaver
Think Real Estate
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.14%
Original Mortgage
$168,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 8, 2020
Closed on
Oct 23, 2020
Sold by
Granger Maria and Granger Julee Maria
Bought by
Petersen Angela J and Mccain Timothy S
Seller's Agent
Scott Seidler - TheConnectionTeam
Keller Williams Success Realty
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$85,000
Sold Price
$83,000
Premium/Discount to List
-$2,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
395.53%

Purchase Details

Closed on
Jul 8, 2016
Sold by
Granger Maria
Bought by
Granger Julee Maria

Purchase Details

Closed on
Jun 21, 2011
Sold by
Richard Robbins Builders Inc
Bought by
Granger Maria

Purchase Details

Closed on
May 16, 2006
Sold by
Granger Maria
Bought by
Richard Robbins Builders Inc
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
Johnston Angie Taylor $270,000 Mti Title
Abraku Israel $210,000 Mti Title Insurance Agcy Inc
Petersen Angela J $83,000 None Available
Granger Julee Maria -- None Available
Granger Maria -- None Available
Richard Robbins Builders Inc $190,000 Landamerica Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnston Angie Taylor $207,000
Previous Owner Abraku Israel $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $270,000 0.0% $272 / Sq Ft
01/22/2023 01/22/23 Off Market $270,000 -- --
12/29/2022 12/29/22 Pending -- -- --
12/27/2022 12/27/22 Price Changed $270,000 -3.6% $272 / Sq Ft
11/23/2022 11/23/22 Price Changed $280,000 -1.8% $282 / Sq Ft
10/09/2022 10/09/22 Price Changed $285,000 -1.4% $287 / Sq Ft
10/08/2022 10/08/22 For Sale $289,000 +248.2% $291 / Sq Ft
07/05/2022 07/05/22 Off Market $83,000 -- --
06/20/2022 06/20/22 Off Market $210,000 -- --
05/24/2021 05/24/21 Sold $210,000 0.0% $212 / Sq Ft
03/21/2021 03/21/21 Price Changed $210,000 -2.3% $212 / Sq Ft
02/26/2021 02/26/21 For Sale $215,000 +159.0% $217 / Sq Ft
10/23/2020 10/23/20 Sold $83,000 -2.4% $84 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $85,000 -- $86 / 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 $2,102 $189,153 $23,280 $165,873
2023 $2,102 $164,894 $22,255 $142,639
2022 $1,814 $153,365 $21,696 $131,669
2021 $951 $76,005 $18,786 $57,219
2020 $982 $88,763 $13,805 $74,958
2019 $786 $60,516 $12,757 $47,759
2018 $750 $56,708 $0 $0
2017 $706 $52,853 $0 $0
2016 $722 $53,096 $0 $0
2015 $751 $53,897 $0 $0
2014 $758 $54,489 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Wolaver

    Seller's Agent in 2023

    Jonathan Wolaver

    Think Real Estate

    (850) 960-0731

    5 in this area

    104 Total Sales

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  • Laura Hartzog

    Buyer's Agent in 2023

    Laura Hartzog

    Coldwell Banker Realty

    (850) 527-0325

    8 in this area

    103 Total Sales

    Section Image
  • Stephanie Ingram

    Seller's Agent in 2021

    Stephanie Ingram

    Counts Real Estate Group Inc

    (850) 814-0355

    18 in this area

    125 Total Sales

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  • B

    Buyer Co-Listing Agent in 2021

    B. Cody Shields

    CENTURY 21 Commander Realty

  • Bill Shields

    Buyer Co-Listing Agent in 2021

    Bill Shields

    Think Real Estate

    (850) 276-2640

    7 in this area

    108 Total Sales

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  • Scott Seidler - TheConnectionTeam

    Seller's Agent in 2020

    Scott Seidler - TheConnectionTeam

    Keller Williams Success Realty

    (850) 774-5007

    17 in this area

    225 Total Sales

    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 733201

Central Panhandle Association of REALTORS®

APN: 31017-050-000

Florida Bay County Panama City 32408 Upper Grand Lagoon

2525 Cypress St Unit E, Panama City, FL

This home is located at 2525 Cypress St Unit E, Panama City, FL 32408 since 05 October 2022 and is currently estimated at $267,036, approximately $269 per square foot. This property was built in 1983. 2525 Cypress St Unit E is a home located in Bay County with nearby schools including Patronis Elementary School, J.R. Arnold High School, and Surfside Middle 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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