NOT LISTED FOR SALE

2811 E 16th St Panama City, FL 32405

Cedar Grove Area

Estimated Value: $318,346

3 Beds
2 Baths
1,431 Sq Ft
$222/Sq Ft Est. Value

Sale Details

Date Sold: July 26, 2024

Last sale price $326,000 $228 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,820 / mo

19 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • 2 Car Garage
  • No HOA
  • Central Heating
  • 1-Story Property

About This Home

As of July 2024

Discover your dream home in the heart of Panama City, Florida! This brand-new construction offers modern living with an open concept layout, perfect for both relaxation and entertaining. Nestled in a quiet and wonderful neighborhood, this property promises tranquility and a convenient location. This home also has an ample backyard for a future pool or mother in law suite. Call yo take a look at this property !

Last Agent to Sell the Property

Nieves Martinez

Xcellence Listed on: 06/03/2024

Xcellence

Last Buyer's Agent

Nieves Martinez

Keller Williams Success Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $248

Year Built

  • Built in 2024

Lot Details

  • 11,761 Sq Ft Lot
  • Lot Dimensions are 61x198

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1-Story Property
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Cedar Grove Elementary School
  • Rutherford Middle School
  • Rutherford High School

Additional Features

  • Covered Patio or Porch
  • Central Heating

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$248

Year Built

Built in 2024

Lot Details

0.27 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2024
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.27
  • Lot Size: 61x198
  • Subdivision Name: [No Recorded Subdiv]
  • Architectural Style: Traditional
  • Entry Level: 1
  • Unit Levels: One
  • Building Stories: 1
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Appliances: Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Dining Room Type: Bedroom, Primary Bedroom
  • Stories: 1

Exterior Features

  • Waterfront: No
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Garage Spaces: 2.0
  • Garage: Yes

Utilities

  • Utilities: Water Connected
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Rutherford Middle

Lot Info

  • Lot Size Sq Ft: 11761.0
  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 248.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Cedar Grove
  • High School: Rutherford

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
Jun 3, 2024
Closed on
Jul 26, 2024
Sold by
Dan Homes Llc
Bought by
Seller's Agent
Nieves Martinez
Xcellence
Buyer's Agent
Nieves Martinez
Xcellence
List Price
$340,500
Sold Price
$326,000
Premium/Discount to List
-$14,500
-4.26%
Views
10
Current Estimated Value
$318,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,654
Avg. Annual Appreciation
-1.10%
Original Mortgage
$241,240
Outstanding Balance
$236,114
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$82,232

Purchase Details

Closed on
Jan 26, 2024
Sold by
Platinum Investors Llc
Bought by
Dan Homes Llc

Purchase Details

Closed on
Dec 14, 2021
Sold by
B J Melvin & Sons Cosntruction Inc
Bought by
Platinum Investors Llc

Purchase Details

Closed on
Jul 25, 2005
Sold by
Dansby Robert H
Bought by
Olive Sharon Lynn

Purchase Details

Closed on
Jun 30, 2005
Sold by
Phillips Dimples Earlene and Dansby Dimples Earlene
Bought by
Dansby Robert H
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Panama City, FL

  • Beverly Buck Real Estate Agent - Coldwell Banker Realty

    Beverly Buck

    Responds Quickly

    Coldwell Banker Realty

    (850) 660-9581

    301 Total Sales

    1 in Cedar Grove

    $195,000 Price

    Beverly Buck
     Section Image
  • Kerri Tomasicyk Real Estate Agent - Watersound Real Estate

    Kerri Tomasicyk

    Watersound Real Estate

    (414) 404-7830

    52 Total Sales

    1 in Cedar Grove

    $308,000 Price

    Kerri Tomasicyk
     Section Image
  • Tiffany Davies Real Estate Agent - Coldwell Banker Residential Real Estate, LLC

    Tiffany Davies

    Coldwell Banker Residential Real Estate, LLC

    (850) 771-7619

    15 Total Sales

    1 in Cedar Grove

    $270,000 Price

    Tiffany Davies
     Section Image
  • Susan Morrison Real Estate Agent - Anchor Realty Florida

    Susan Morrison

    Anchor Realty Florida

    (850) 818-3257

    122 Total Sales

    1 in Cedar Grove

    $155,000 Price

    Susan Morrison
     Section Image
  • Meruyert Abdikarimova Real Estate Agent - Coldwell Banker Realty

    Meruyert Abdikarimova

    Coldwell Banker Realty

    (850) 779-2938

    2 Total Sales

    1 in Cedar Grove

    $288,500 Price

    Meruyert Abdikarimova
     Section Image
  • Samantha Tuno Holden Real Estate Agent - Sunspot Realty, LLC

    Samantha Tuno Holden

    Responds Quickly

    Sunspot Realty, LLC

    (850) 640-6828

    56 Total Sales

    1 in Cedar Grove

    $250,000 Price

    Samantha Tuno Holden
     Section Image
See All Agents

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
$326,000 South Oak Title
Dan Homes Llc $55,000 Burg Title
Platinum Investors Llc $140,000 Mti Title Insurance Agcy Inc
Olive Sharon Lynn -- --
B J Melvin & Sons Contractors Inc $90,000 --
Dansby Robert H -- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $241,240
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
07/26/2024 07/26/24 Sold $326,000 -2.8% $228 / Sq Ft
06/23/2024 06/23/24 Pending -- -- --
06/18/2024 06/18/24 Price Changed $335,500 -1.5% $234 / Sq Ft
06/03/2024 06/03/24 For Sale $340,500 -- $238 / 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 $271 $274,395 $26,151 $248,244
2024 $248 $20,667
2023 $248 $18,788 $21,185 $0
2022 $197 $17,080 $17,080 $0
2021 $708 $59,535 $59,535 $0
2020 $684 $56,889 $56,889 $0
2019 $667 $55,566 $55,566 $0
2018 $638 $52,390 $0 $0
2017 $626 $50,538 $0 $0
2016 $628 $48,232 $0 $0
2015 $611 $43,847 $0 $0
2014 $585 $39,861 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • NM

    Seller's Agent in 2024

    Nieves Martinez

    Xcellence

    (850) 866-0298

    34 Total Sales

    Nieves Martinez
    Section Image
See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 758023

Central Panhandle Association of REALTORS®

APN: 14864-002-000

Florida Bay County Panama City 32405

2811 E 16th St, Panama City, FL

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.