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
2 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

About This Home

As of January 2023

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. Call your favorite Realtor to schedule your provide showing. All measurements are approximate and should be verified by buyer if important.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 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
List Price
$285,000
Sold Price
$270,000
Premium/Discount to List
-$15,000
-5.26%
Views
15
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
-0.93%
Original Mortgage
$207,000
Outstanding Balance
$201,606
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$62,042

Purchase Details

Closed on
May 18, 2021
Sold by
Petersen Angela J and Mccain Timothy S
Bought by
Abraku Israel and Abraku Tiffany

Home Financials for this Owner

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

Purchase Details

Closed on
Oct 23, 2020
Sold by
Granger Maria and Granger Julee Maria
Bought by
Petersen Angela J and Mccain Timothy S

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:

Collateral Analytics

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ICE

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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 -5.3% $272 / Sq Ft
12/29/2022 12/29/22 Pending -- -- --
10/09/2022 10/09/22 For Sale $285,000 -- $287 / Sq Ft

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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Map

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 and is currently estimated at $267,036, approximately $269 per square foot. 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.

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