NOT LISTED FOR SALE

2525 E 40th Ct Panama City, FL 32405

Lynn Haven Area

Estimated Value: $269,000 - $340,403

3 Beds
2 Baths
1,765 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: July 11, 2025

Last sale price $290,000 $164 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,729 / mo

36 Days on Market

Highlights

  • Deck
  • Great Room
  • Cooling Available
  • A. Crawford Mosley High School Rated A-
  • No HOA
  • Dining Room

About This Home

As of July 2025

Completely updated. vacant, show any time.

Last Agent to Sell the Property

Pratt Faulk

Central Bay Realty and Property Management LLC License #3598781 Listed on: 05/03/2025

Last Buyer's Agent

Jamie Sheehan

Own It Real Estate LLC License #SL3494775

Own It Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $904

Year Built

  • Built in 1986

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 71x140
  • Fenced
  • Zoning described as County

Parking

  • No Garage

Home Design

  • Slab Foundation
  • Metal Roof
  • HardiePlank Type
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Dining Room
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Hiland Park Elementary School
  • Mowat Middle School
  • Mosley High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$904

Year Built

Built in 1986

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.23
  • Lot Size: 71x140
  • Road Frontage Type: City Street
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Great Room, Kitchen, Primary Bathroom, Primary Bedroom
  • Stories: 1

Exterior Features

  • Fencing: Fenced, Privacy
  • Waterfront: No
  • Construction Type: HardiPlank Type, Stucco, Wood Frame
  • Exterior Features: Deck, Fire Pit
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s), Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Mowat

Lot Info

  • Lot Features: Sprinkler System
  • Land Lease: No
  • Lot Size Sq Ft: 10019.0
  • Mobile Dim Units: Feet
  • Zoning Description: County

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 904.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Hiland Park
  • High School: Mosley

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2025
Closed on
Jul 11, 2025
Sold by
Bought by
Seller's Agent
Pratt Faulk
Central Bay Realty and Property Management LLC
Buyer's Agent
Jamie Sheehan
Own It Real Estate LLC
List Price
$312,495
Sold Price
$290,000
Premium/Discount to List
-$22,495
-7.2%
Views
52
Current Estimated Value
$295,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,601
Avg. Annual Appreciation
1.80%
Original Mortgage
$232,000
Interest Rate
0.0689%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2019
Closed on
May 3, 2019
Sold by
Bought by
Seller's Agent
Barbara Hoyt
Investors Advantage RE
Buyer's Agent
Barbara Hoyt
Investors Advantage RE
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.86%

Purchase Details

Listed on
Apr 12, 2016
Closed on
May 1, 2016
Bought by
Seller's Agent
Scott Seidler
Keller Williams Success Realty
Buyer's Agent
Barbara Hoyt
Investors Advantage RE
List Price
$79,500
Sold Price
$79,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.17%

Purchase Details

Closed on
Dec 10, 2015
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
0.0619%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,050
Interest Rate
0.064%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$290,000 Cornerstone Title
$70,000 Diamond Title Agency Inc
$79,500 --
$165,200 Attorney
$179,900 Diamond Title Agency Inc
$99,000 --
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 $232,000
Previous Owner $179,900
Previous Owner $62,831
Previous Owner $40,000
Previous Owner $108,800
Previous Owner $94,050
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2025 07/11/25 Sold $290,000 -3.3% $164 / Sq Ft
06/01/2025 06/01/25 Price Changed $299,970 -4.0% $170 / Sq Ft
05/02/2025 05/02/25 For Sale $312,495 +293.1% $177 / Sq Ft
07/05/2022 07/05/22 Off Market $79,500 -- --
06/20/2022 06/20/22 Off Market $70,000 -- --
05/07/2019 05/07/19 Sold $70,000 -6.7% $45 / Sq Ft View Prior Sale
02/12/2019 02/12/19 Pending -- -- --
02/10/2019 02/10/19 For Sale $75,000 -5.7% $48 / Sq Ft
05/10/2016 05/10/16 Sold $79,500 0.0% $50 / Sq Ft View Prior Sale
04/20/2016 04/20/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $79,500 -- $50 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax 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.

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 $1,267 $79,940
2024 $904 $72,673
2023 $904 $68,973 $25,535 $43,438
2022 $776 $63,735 $23,309 $40,426
2021 $777 $61,968 $22,265 $39,703
2020 $755 $59,468 $21,917 $37,551
2019 $406 $61,042 $21,917 $39,125
2018 $926 $110,176 $0 $0
2017 $946 $110,338 $0 $0
2016 $1,535 $117,310 $0 $0
2015 $1,374 $101,217 $0 $0
2014 $889 $101,421 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2025

    Pratt Faulk

    Central Bay Realty and Property Management LLC

    Section Image
  • Jamie Sheehan

    Buyer's Agent in 2025

    Jamie Sheehan

    Own It Real Estate LLC

    (781) 974-7356

    63 Total Sales

    Jamie Sheehan
    Section Image

  • B

    Seller's Agent in 2019

    Barbara Hoyt

    Investors Advantage RE

    (850) 896-4137

    26 Total Sales

    Barbara Hoyt
    Section Image
  • Scott Seidler

    Seller's Agent in 2016

    Scott Seidler

    Keller Williams Success Realty

    (850) 774-5007

    157 Total Sales

    Scott Seidler
    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 772935

Central Panhandle Association of REALTORS®

APN: 11545-012-000

Florida Bay County Panama City 32405

2525 E 40th Ct, Panama City, FL

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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