J
Seller's Agent in 2025
John Faulk
Central Bay Realty and Property Management LLC
(850) 819-1769
2 Total Sales
2525 E 40th Ct Panama City, FL 32405
3
Beds
2
Baths
1,600
Sq Ft
10,019
Sq Ft Lot
Highlights
- Contemporary Architecture
- No HOA
- Window Unit Cooling System
- A. Crawford Mosley High School Rated A-
- Covered Patio or Porch
- Breakfast Bar
About This Home
As of July 2025This split floor plan home presents well. Nice contemporary home with a huge living room complimented by very tall ceilings and illuminated with plenty of light. The open kitchen and dining area are only separated by a breakfast bar. The abundant cabinets and countertop appear to be updated and are in great shape. There is a spacious screened in porch, two yard buildings, and a fenced in backyard. The large utility room has space for a washer and dryer with plenty of room left over for storage or a workshop.
Last Agent to Sell the Property
Scott Seidler - TheConnectionTeam
Keller Williams Success Realty License #BK3077894 Listed on: 03/30/2016
Last Buyer's Agent
Barb Hoyt
CENTURY 21 Beach Realty Inc
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,374
Year Built
- Built in 1986
Lot Details
- Lot Dimensions are 71x140
- Property fronts a county road
- Fenced
Home Design
- Contemporary Architecture
- Shingle Roof
- Composition Roof
- Wood Siding
- Vinyl Siding
- Stucco
Interior Spaces
- 1,600 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
Kitchen
- Breakfast Bar
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
Parking
- Carport
- Driveway
Outdoor Features
- Covered Patio or Porch
- Outdoor Storage
Schools
- Hiland Park Elementary School
- Mowat Middle School
- Mosley High School
Utilities
- Window Unit Cooling System
- Central Heating and Cooling System
- Well
- Electric Water Heater
- Septic Tank
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%
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
-
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: 644373
APN: 11545-012-000
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.
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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