NOT LISTED FOR SALE

2525 Panhandle Ln Bonifay, FL 32425

Estimated Value: $108,000 - $1,764,000

Studio
68 Baths
48,092 Sq Ft
$19/Sq Ft Est. Value

Sale Details

Date Sold: August 8, 2019

Last sale price $965,000 $20 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,990 / mo

208 Days on Market

Highlights

  • 16 Acre Lot
  • Cooling Available
  • Landscaped
  • No HOA

About This Home

As of August 2019

PRICED ADJUSTED to $1,100,000. Mobile home community for sale for wise investment in the City Limits of Bonifay - Florida Mobile Home Park offers approximately 16 acres and has 35 park owned mobile homes with room for expansion. This Family Oriented Community sits in a quiet country setting. Park is very well maintained and features interior streets with lights, School Bus Stop within the Community, play ground and community center. The unique design concept of the park includes over-sized lawns but could also be tightened for expansion needs if desired. This property also has true undeveloped area for future growth or green space. Owner maintains campus grounds to control mowing and maintenance needs providing groomed as needed curb appeal. Conveniently located, this Park is less than 2 miles from the intersection of Interstate 10 and Highway 79, 45 minutes from Panama City Beach, 40 minutes to Dothan, AL, 1/4 mile from the Fire & Police and within 1/4 mile to a Beautiful New Elementary, Middle and High School. All of this makes the Mobile Home park a highly desirable rental area for families with children, families that commute to either Panama City or Dothan for work or just families that love the peaceful setting of country living. Each home is individually addressed and metered utilities. Tenants pay private use.

Last Agent to Sell the Property

Angie Wiggins

Whatley & Darty RE & Development Listed on: 10/25/2018

Last Buyer's Agent

Angie Wiggins

Whatley & Darty RE & Development Listed on: 10/25/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1992

Lot Details

  • 16 Acre Lot
  • Landscaped

Utilities

  • Cooling Available

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Year Built

Built in 1992

Lot Details

16 Acres

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1992
  • Property Sub Type: Multi Family
  • Lot Size Acres: 16.0
  • Subdivision Name: [No Recorded Subdiv]
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Possible Use: Mobile Home

Exterior Features

  • Waterfront: No

Utilities

  • Security Features: Security Lights
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 696960.0
  • Mobile Dim Units: Feet

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
Oct 25, 2018
Closed on
Aug 8, 2019
Sold by
Bought by
Seller's Agent
Angie Wiggins
Whatley & Darty RE & Development
Buyer's Agent
Angie Wiggins
Whatley & Darty RE & Development
List Price
$1,300,000
Sold Price
$965,000
Premium/Discount to List
-$335,000
-25.77%
Current Estimated Value
$936,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,000
Avg. Annual Appreciation
-0.44%

Purchase Details

Closed on
Jun 20, 2012
Sold by
Bought by

Purchase Details

Closed on
May 22, 2012
Sold by
Bought by
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
$965,000 Panhandle Land Title Llc
$825,000 Professional Title Llc
-- None Available
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
06/20/2022 06/20/22 Off Market $965,000 -- --
08/08/2019 08/08/19 Sold $965,000 -25.8% $20 / Sq Ft
05/19/2019 05/19/19 Pending -- -- --
10/23/2018 10/23/18 For Sale $1,300,000 -- $27 / 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 $11,552 $1,014,699 $89,000 $925,699
2024 $11,552 $731,510 $87,500 $644,010
2023 $11,418 $573,811 $0 $0
2022 $9,417 $812,032 $80,000 $732,032
2021 $7,289 $474,224 $80,000 $394,224
2020 $6,457 $419,024 $79,500 $339,524
2019 $6,559 $420,776 $79,500 $341,276
2018 $6,627 $420,776 $79,500 $341,276
2017 $6,761 $420,776 $79,500 $341,276
2016 $6,819 $420,776 $0 $0
2015 -- $547,037 $0 $0
2014 -- $547,037 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 677206

Central Panhandle Association of REALTORS®

APN: 1011.00-000-000-011.000

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