$220,500
SOLD MAY 25, 2018

2638 State Ave Panama City, FL 32405

4 Beds
3.5 Baths
2,989 Sq Ft
0.46 Acres

Recently Sold

$74 Per Sq Ft

3% Above List Price

6 Days on Market

Highlights

  • Recreation Room
  • No HOA
  • Fireplace
  • Vaulted Ceiling
  • Sitting Room
  • Oversized Parking

About This Home

As of May 2018

This large 4 Bedroom 3 1/2 bath FORECLOSURE has so much potential! As you enter, the den welcomes you with a tall wood ceiling, large windows with wood shutters and an oversized wood burning, stone fireplace w/wood box plus a half bath for your guests. The country kitchen with island leads to a huge recreation room and a private dining room. There is an upstairs loft room with large walk in closet and a full bath. Down the hall there are three bedrooms plus a bonus room that would make a convenient nursery or a wonderful master bedroom retreat since it has entry from the master bedroom. There are also two full bathrooms, one in the hallway, which is handicap accessible, and one in the master suite. Lovely cedar sided home with tons of parking for all of your toys.

Last Agent to Sell the Property

Pam Mathis

Five Star Realty Group, LLC License #3262418 Listed on: 03/27/2018

Last Buyer's Agent

Nathan Lawrence

Prudential Shimmering Sands

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,436

Year Built

  • Built in 1980

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200
  • Fenced
  • Interior Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,989 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Dining Room
  • Recreation Room
  • Storage Room
  • Washer and Dryer Hookup
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan

Parking

  • Oversized Parking
  • Driveway

Schools

  • Northside Elementary School
  • Jinks Middle School
  • Bay High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,436

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Detached
  • Lot Size Acres: 0.46
  • Lot Size: 100x200
  • Road Frontage Type: City Street
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Ranch
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Interior Amenities: Fireplace, High Ceilings, Kitchen Island, Split Bedrooms, Vaulted Ceiling(s), Natural Woodwork, Entrance Foyer, Storage
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 2989.0
  • Dining Room Type: Bedroom, Dining Room, Family Room, Foyer, Kitchen, Laundry, Primary Bedroom, Recreation, Storage Room, Sitting Room
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Fenced, Privacy
  • Waterfront: No
  • Construction Type: Frame
  • Foundation Details: Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Driveway, Oversized

Utilities

  • Utilities: Cable Connected, Electricity Connected, Septic Available, Trash Collection, Water Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric, Multi Units
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Interior Lot
  • Lot Size Sq Ft: 19994.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2436.0
  • Tax Year: 2017

MLS Schools

  • Elementary School: Northside
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2018
Closed on
May 2, 2018
Sold by
Secretary Of Veterans Affairs
Bought by
Horne Caleb and Horne Christina
Seller's Agent
Pam Mathis
Five Star Realty Group, LLC
Buyer's Agent
Nathan Lawrence
Prudential Shimmering Sands
List Price
$214,500
Sold Price
$220,500
Premium/Discount to List
$6,000
2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$214,262
Outstanding Balance
$190,641
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$175,137

Purchase Details

Closed on
Feb 2, 2018
Sold by
Well Fargo Bank National Association
Bought by
The Secretary Of Veterans Affarirs and United States

Purchase Details

Closed on
Dec 15, 2017
Sold by
Willis Patrick and Willis Bethany
Bought by
Wells Fargo Bank National Association

Purchase Details

Listed on
Feb 1, 2011
Closed on
Apr 22, 2013
Sold by
Denecke Gary P and Denecke Marilyn N
Bought by
Willis Bethany and Willis Patrick
Seller's Agent
Jason Oakes
Counts Real Estate Group Inc
Buyer's Agent
Alyssa Hakenewert
World Impact Real Estate
List Price
$310,000
Sold Price
$190,000
Premium/Discount to List
-$120,000
-38.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$194,085
Interest Rate
3.65%
Mortgage Type
VA
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $220,500 Attorney
Special Warranty Deed -- Attorney
Trustee Deed -- Attorney
Warranty Deed $190,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $30,682 FHA
Closed $31,736 FHA
Open $214,262 FHA
Previous Owner $194,085 VA
Previous Owner $50,000 Credit Line Revolving
Previous Owner $225,000 Fannie Mae Freddie Mac
Previous Owner $15,000 Credit Line Revolving
Previous Owner $135,000 Unknown
Previous Owner $70,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 For Sale $340,000 +78.9% $114 / Sq Ft
07/05/2022 07/05/22 Off Market $190,000 -- --
07/05/2022 07/05/22 Off Market $220,500 -- --
05/25/2018 05/25/18 Sold $220,500 +2.8% $74 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $214,500 +12.9% $72 / Sq Ft
04/22/2013 04/22/13 Sold $190,000 -38.7% $61 / Sq Ft
03/22/2013 03/22/13 Pending -- -- --
02/01/2011 02/01/11 For Sale $310,000 -- $99 / 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 $3,693 $253,691 -- --
2023 $3,693 $246,302 $0 $0
2022 $3,488 $239,128 $48,060 $191,068
2021 $3,786 $207,084 $0 $0
2020 $3,438 $203,242 $43,200 $160,042
2019 $2,766 $171,144 $43,200 $127,944
2018 $3,079 $203,355 $0 $0
2017 $2,436 $201,956 $0 $0
2016 $2,484 $201,417 $0 $0
2015 $2,538 $200,017 $0 $0
2014 $2,518 $200,019 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 669828

Central Panhandle Association of REALTORS®

APN: 12989-078-000