2525 E 40th Ct Panama City, FL 32405
3
Beds
2
Baths
1,765
Sq Ft
10,019
Sq Ft Lot
Highlights
- Cathedral Ceiling
- Attic
- No HOA
- A. Crawford Mosley High School Rated A-
- Great Room
- Cooling Available
About This Home
As of July 2025Completely updated. vacant, show any time.
Last Agent to Sell the Property
Central Bay Realty and Property Management LLC License #3598781 Listed on: 05/02/2025
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
- Landscaped
- Sprinkler System
- Zoning described as County
Parking
- No Garage
Home Design
- Slab Foundation
- Metal Roof
- HardiePlank Type
- Stucco
Interior Spaces
- 1,765 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Great Room
- Dining Room
- Pull Down Stairs to Attic
Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Hiland Park Elementary School
- Mowat Middle School
- Mosley High School
Utilities
- Cooling Available
- Heat Pump System
- Well
- Electric Water Heater
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2025
Closed on
Jul 11, 2025
Sold by
Faulk John and Faulk Jennifer
Bought by
Kruse Wyatt Michael
Seller's Agent
John 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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Original Mortgage
$232,000
Outstanding Balance
$231,806
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$61,682
Purchase Details
Listed on
Feb 10, 2019
Closed on
May 3, 2019
Sold by
Hobbs Sara Maria
Bought by
Faulk John and Faulk Jennifer
Seller's Agent
Barbara Hoyt
Investors Advantage RE
Buyer's Agent
Barb Hoyt
CENTURY 21 Beach Realty Inc
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
Mar 30, 2016
Closed on
May 1, 2016
Bought by
Hobbs Sara Marie
Seller's Agent
Scott Seidler - TheConnectionTeam
Keller Williams Success Realty
Buyer's Agent
Barb Hoyt
CENTURY 21 Beach Realty Inc
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
Pandullo Patsy C and Pandullo Ronald S
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Dec 21, 2006
Sold by
Hansen Christian R and Hansen Hollie D
Bought by
Pandullo Ronald S and Pandullo Patsy C
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
6.19%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 9, 2002
Sold by
Overstreet Steven L and Overstreet Connie
Bought by
Hansen Christian R and Hansen Hollie D
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
6.4%
Similar Homes in Panama City, FL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $290,000 | Cornerstone Title | |
| Warranty Deed | $290,000 | Cornerstone Title | |
| Warranty Deed | $70,000 | Diamond Title Agency Inc | |
| Deed | $79,500 | -- | |
| Deed In Lieu Of Foreclosure | $165,200 | Attorney | |
| Warranty Deed | $179,900 | Diamond Title Agency Inc | |
| Warranty Deed | $99,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $232,000 | New Conventional | |
| Closed | $232,000 | New Conventional | |
| Previous Owner | $179,900 | Purchase Money Mortgage | |
| Previous Owner | $62,831 | Stand Alone Second | |
| Previous Owner | $40,000 | Credit Line Revolving | |
| Previous Owner | $108,800 | Unknown | |
| Previous Owner | $94,050 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 |
| 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 Compared to Growth
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 | $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
-
John Faulk
J
Seller's Agent in 2025
John Faulk
Central Bay Realty and Property Management LLC
(850) 819-1769
2 Total Sales
-
Jamie Sheehan
Buyer's Agent in 2025
Jamie Sheehan
Own It Real Estate LLC
(781) 974-7356
95 Total Sales
-
Barbara Hoyt
B
Seller's Agent in 2019
Barbara Hoyt
Investors Advantage RE
(850) 896-4137
37 Total Sales
-
B
Buyer's Agent in 2019
Barb Hoyt
CENTURY 21 Beach Realty Inc
-
Scott Seidler - TheConnectionTeam
Seller's Agent in 2016
Scott Seidler - TheConnectionTeam
Keller Williams Success Realty
(850) 774-5007
232 Total Sales
Map
Source: Central Panhandle Association of REALTORS®
MLS Number: 772935
APN: 11545-012-000
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