NOT LISTED FOR SALE

2538 Michigan Ct Panama City, FL 32405

Estimated Value: $183,140 - $209,000

2 Beds
1 Bath
845 Sq Ft
$235/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $165,000 $195 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,172/month

4 Days on Market

Highlights

  • No HOA
  • Interior Lot
  • Bungalow
  • 1 Car Attached Garage
  • Living Room
  • Central Heating and Cooling System

About This Home

As of May 2022

Two bedroom, one bath home is centrally located near the college. Great location to both town and the beach. The home has a open living/dining room, galley style kitchen, laundry and one car garage. The home will need work but could be a little jewel when completed. This is a Foreclosed home and is being offered as is. There is an initial 3 day bid period but remember time is of the essence. The buyer has a 7 day inspection period upon receiving a ratified contract.NO REPAIRS or PRICE ADJUSTMENTS will be considered based upon inspection reports and/ or appraisal. The Buyer is responsible for their own title policy and will choose a local title company. Seller recommends buyer obtain title insurance.

Last Agent to Sell the Property

Pam Mathis

Five Star Realty Group, LLC License #3262418 Listed on: 03/30/2022

Last Buyer's Agent

Cherie Baker

CENTURY 21 Ryan Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $763

Year Built

  • Built in 1987

Lot Details

  • 4,530 Sq Ft Lot
  • Lot Dimensions are 40x70
  • Interior Lot
  • Cleared Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Bungalow
  • Fixer Upper
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 845 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Fire and Smoke Detector
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Lucille Moore Elementary School
  • Jinks Middle School
  • Bay High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Michigan Court Sub Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$763

Year Built

Built in 1987

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Property Sub Type: Detached
  • Lot Size Acres: 0.1
  • Lot Size: 40x70
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Michigan Court Sub
  • Architectural Style: Bungalow
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 845.0
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Garage, Kitchen, Laundry, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No
  • Construction Type: Brick Veneer, Vinyl Siding
  • Property Condition: Fixer
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Cleared, Interior Lot
  • Lot Size Sq Ft: 4530.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 763.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Lucille Moore
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
May 3, 2022
Sold by
Secretary Of Veterans Affairs
Bought by
Christine F Stephens Trust and Stephens
Seller's Agent
Pam Mathis
Five Star Realty Group, LLC
Buyer's Agent
Cherie Baker
CENTURY 21 Ryan Realty Inc
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$198,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,535
Avg. Annual Appreciation
5.63%

Purchase Details

Closed on
Feb 17, 2022
Sold by
Secretary Of Veterans Affairs
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Jan 19, 2022
Sold by
Edward Holoubek Joseph
Bought by
Phh Mortgage Corporation

Purchase Details

Closed on
Jan 18, 2022
Sold by
Edward Holoubek Joseph
Bought by
Phh Mortgage Corporation

Purchase Details

Closed on
Dec 30, 2005
Sold by
Tobin Denise M and Tobin Jerome
Bought by
Holoubek Joseph Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,096
Interest Rate
6.19%
Mortgage Type
VA

Purchase Details

Closed on
Sep 30, 2003
Sold by
Hughes Dustin C
Bought by
Bryant Denise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,920
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2003
Sold by
Pittman Robert E and Pittman Janet M
Bought by
Hughes Dustin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5.89%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Christine F Stephens Trust $165,000 Turner Jarrod
Secretary Of Veterans Affairs -- Aldridge Pite Llp
Phh Mortgage Corporation $110,100 --
Phh Mortgage Corporation $110,100 --
Holoubek Joseph Edward $144,000 Diamond Title Agency Inc
Bryant Denise M $89,900 Diamond Title Agency Inc
Hughes Dustin C $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holoubek Joseph Edward $157,250
Previous Owner Holoubek Joseph Edward $147,096
Previous Owner Bryant Denise M $71,920
Previous Owner Hughes Dustin C $60,940
Previous Owner Hughes Dustin C $10,000
Previous Owner Hughes Dustin C $60,940
Previous Owner Pittman Robert E $40,000
Closed Bryant Denise M $13,485
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2022 08/09/22 Off Market $165,000 -- --
05/06/2022 05/06/22 Sold $165,000 0.0% $195 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $165,000 -- $195 / Sq Ft
Source: Central Panhandle Association of REALTORS®

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 $1,493 $127,591 -- --
2023 $1,493 $115,992 $22,386 $93,606
2022 $771 $63,336 $17,472 $45,864
2021 $763 $60,810 $16,307 $44,503
2020 $735 $57,878 $16,307 $41,571
2019 $733 $57,772 $15,470 $42,302
2018 $790 $61,577 $0 $0
2017 $361 $61,580 $0 $0
2016 $377 $62,746 $0 $0
2015 $397 $63,523 $0 $0
2014 $402 $64,301 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pam Mathis

    Seller's Agent in 2022

    Pam Mathis

    Five Star Realty Group, LLC

    (229) 563-6088

    2 in this area

    56 Total Sales

    Pam Mathis
    Section Image

  • C

    Buyer's Agent in 2022

    Cherie Baker

    CENTURY 21 Ryan Realty Inc

  • C

    Buyer's Agent in 2022

    Cherie Alexander

    Premier Coastal, Inc.

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 724362

Central Panhandle Association of REALTORS®

APN: 27016-785-000

Florida Bay County Panama City 32405

2538 Michigan Ct, Panama City, FL

This home is located at 2538 Michigan Ct, Panama City, FL 32405 since 30 March 2022 and is currently estimated at $198,535, approximately $234 per square foot. This property was built in 1987. 2538 Michigan Ct is a home located in Bay County with nearby schools including Lucille Moore Elementary School, Jinks Middle School, and Bay High 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.

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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