NOT LISTED FOR SALE

2622 Michigan Ave Panama City, FL 32405

Estimated Value: $324,000 - $371,000

3 Beds
2 Baths
1,496 Sq Ft
$230/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $225,000 $150 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,038/month

6 Days on Market

Highlights

  • Waterfront
  • Traditional Architecture
  • Covered Patio or Porch
  • Canal View
  • No HOA
  • Fireplace

About This Home

As of February 2020

If you have always dreamed of living on the water you NEED to check out this home! This 3 bedroom, 2 bath, all brick home is conveniently located to just about everything in town. It also sits on a canal with bay and gulf access. The home needs some TLC and updating, but would definitely be a worthwhile investment for the right person. Just imagine sipping your morning coffee on the large back porch or enjoying a quick boat ride before dinner. This home has plenty of outside storage and a huge driveway perfect for when you entertain. Home is being sold as-is.

Last Agent to Sell the Property

Melissa Walsh

CENTURY 21 Commander Realty License #BK3420227 Listed on: 01/03/2020

CENTURY 21 Commander Realty

Last Buyer's Agent

Heather Denaro

Beachy Beach Real Estate License #SL3392228

Beachy Beach Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,239

Year Built

  • Built in 1974

Lot Details

  • 0.31 Acre Lot
  • Waterfront

Parking

  • 1 Car Attached Garage
  • Carport
  • Garage Door Opener
  • Additional Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,496 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Canal Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

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

Utilities

  • Central Air
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,239

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Detached
  • Lot Size Acres: 0.31
  • Lot Size: Irregular
  • Road Frontage Type: City Street
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range
  • Interior Amenities: Fireplace
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 1496.0
  • Dining Room Type: Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Brick
  • Exterior Features: Storage
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Attached, Carport, Garage, Garage Door Opener
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Electricity Connected, Septic Available
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Size Sq Ft: 13460.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1239.0
  • Tax Year: 2018

MLS Schools

  • Elementary School: Lucille Moore
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Feb 21, 2020
Sold by
Coffield Deanne Walton and Coffield Christopher Carson
Bought by
Wylie Clyde
Seller's Agent
Melissa Walsh
CENTURY 21 Commander Realty
Buyer's Agent
Heather Denaro
Beachy Beach Real Estate
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$344,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,092
Avg. Annual Appreciation
7.78%
Original Mortgage
$202,500
Outstanding Balance
$180,062
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$159,596

Purchase Details

Closed on
Feb 12, 2014
Sold by
Malone Peggy C
Bought by
Malone Peggy Cotton and Malone Marjorie Grace Cotton
Source: Public Records

Range of Values:

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Average Value
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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
Wylie Clyde $225,000 Mti Title Insurance Agcy Inc
Malone Peggy Cotton -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wylie Clyde $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $225,000 -- --
02/21/2020 02/21/20 Sold $225,000 0.0% $150 / Sq Ft
01/09/2020 01/09/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $225,000 -- $150 / 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 $2,543 $246,107 -- --
2023 $2,543 $238,939 $104,971 $133,968
2022 $2,547 $217,143 $94,921 $122,222
2021 $2,440 $201,820 $84,261 $117,559
2020 $2,050 $167,296 $77,155 $90,141
2019 $1,250 $138,481 $0 $0
2018 $1,239 $135,899 $0 $0
2017 $1,228 $133,104 $0 $0
2016 $1,226 $130,366 $0 $0
2015 $1,260 $129,460 $0 $0
2014 $1,287 $131,707 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 692368

Central Panhandle Association of REALTORS®

APN: 27011-000-000