NOT LISTED FOR SALE

2875 Tupelo Dr Panama City, FL 32405

Estimated Value: $639,000 - $678,000

4 Beds
3.5 Baths
3,175 Sq Ft
$207/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $650,000 $205 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,053/month

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • Den
  • Traditional Architecture
  • No HOA
  • Breakfast Room

About This Home

As of July 2024

A beautiful home in King's Point with modern touches throughout. The foyer connects to a grand room that may be used as a formal living room, library, or home office space (built-in shelves) extending into the spacious family room. The kitchen has a large island, and plenty of cabinets and counter space. Just off the kitchen is a huge laundry room and an over-sized two car garage. The primary bedroom is located on the first floor with a walk-in closet, separate tub and shower, and access to the back deck leading to a beautiful pool and hot tub (installed 2021) creating a serene escape from reality. The guest bedrooms are located upstairs with a loft area that is perfect as a hang out nook for kids and teens. A new upstairs AC UNIT was installed in 2024. This home is spacious and perfect for entertaining.

Last Agent to Sell the Property

Team Don and Bubba

EXP Realty LLC Listed on: 02/23/2024

EXP Realty LLC

Last Buyer's Agent

Team Don and Bubba

Counts Real Estate Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,609

Year Built

  • Built in 1990

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 123 x 178
  • Fenced

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Driveway

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,175 Sq Ft Home
  • Bookcases
  • Cathedral Ceiling
  • Recessed Lighting
  • Fireplace
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den

Kitchen

  • Double Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan

Home Security

  • Smart Home
  • Fire and Smoke Detector

Schools

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

Additional Features

  • In Ground Pool
  • Multiple cooling system units

Community Details

  • No Home Owners Association
  • Kings Point Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,609

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Property Sub Type: Detached
  • Lot Size Acres: 0.5
  • Lot Size: 123 x 178
  • Road Surface Type: Paved
  • Subdivision Name: Kings Point
  • Architectural Style: Traditional
  • Entry Level: 1
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Double Oven, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator
  • Interior Amenities: Bookcases, Cathedral Ceiling(s), Fireplace, Kitchen Island, Pantry, Recessed Lighting, Split Bedrooms, Smart Home
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 3175.0
  • Dining Room Type: Breakfast Room/Nook, Bedroom, Den, Dining Room, Garage, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom

Exterior Features

  • Pool Features: In Ground
  • Fencing: Fenced, Privacy
  • Waterfront: No
  • Construction Type: Brick
  • Foundation Details: Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Oversized
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Security Features: Smoke Detector(s)
  • Cooling: Multi Units
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Size Sq Ft: 21780.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 6609.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Northside
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Jun 28, 2024
Sold by
Smith Andrew Michael and Smith Elizabeth Gaines
Bought by
Pitts Charles Cory and Pitts Jane T
Seller's Agent
Team Don and Bubba
EXP Realty LLC
Buyer's Agent
Team Don and Bubba
EXP Realty LLC
List Price
$650,000
Sold Price
$650,000
Views
1
Current Estimated Value
$657,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,349
Avg. Annual Appreciation
0.93%
Original Mortgage
$334,000
Outstanding Balance
$330,328
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$327,021

Purchase Details

Listed on
Jan 6, 2021
Closed on
Dec 17, 2020
Sold by
Stuard David
Bought by
Smith Andrew Michael and Smith Elizabeth Gaines
Seller's Agent
Beth Mulvey
Beach House Sales and Development
Buyer's Agent
Susan Morrison
COLDWELL BANKER CARROLL REALTY
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%
Original Mortgage
$466,200
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Closed on
Aug 30, 2019
Sold by
Husum Barbara Hall and Husum George Theodore
Bought by
Stuard David
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
Pitts Charles Cory $650,000 South Oak Title
Smith Andrew Michael $450,000 Mti Title Insurance Agcy Inc
Stuard David $235,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitts Charles Cory $334,000
Previous Owner Smith Andrew Michael $466,200
Previous Owner Husum George T $150,000
Previous Owner Husum George $208,000
Previous Owner Husum George Theodore $42,000
Previous Owner Husum George T $213,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $650,000 0.0% $205 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $650,000 +44.4% $205 / Sq Ft
12/05/2022 12/05/22 Off Market $450,000 -- --
01/06/2021 01/06/21 For Sale $450,000 0.0% $142 / Sq Ft
12/21/2020 12/21/20 Sold $450,000 -- $142 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
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 $6,609 $424,459 -- --
2023 $6,609 $412,096 $0 $0
2022 $6,150 $400,093 $0 $0
2021 $5,629 $375,891 $41,650 $334,241
2020 $3,655 $202,882 $40,952 $161,930
2019 $2,816 $215,047 $39,315 $175,732
2018 $2,863 $228,942 $0 $0
2017 $2,851 $229,690 $0 $0
2016 $3,066 $239,388 $0 $0
2015 $3,141 $238,242 $0 $0
2014 $3,106 $237,637 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 759457

Central Panhandle Association of REALTORS®

APN: 26904-125-000