NOT LISTED FOR SALE

306 Springfield Ave Panama City, FL 32401

Estimated Value: $141,000 - $159,119

2 Beds
1 Bath
806 Sq Ft
$185/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $90,000 $112 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $945/month

20 Days on Market

Highlights

  • Florida Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • Living Room

About This Home

As of August 2020

CURRENTLY UNDER CONTRACT- SELLER IS ACCEPTING BACKUP OFFERS. ATTENTION INVESTORS that want a turn key rental property! Cute Florida cottage on a large lot in Springfield. Two bedroom, 1 bath has been updated with fresh paint, new roof, central AC and vinyl windows. Brand new stove is on the way. The immediate area is recovering nicely from Hurricane Michael in 2018, and this property is no exception. Move in ready for your prospective tenants; make a great return, and offer a much needed housing opportunity to this area. This great price should afford you a decent return from rental income.

Last Agent to Sell the Property

Yolanda Salas

World Impact Real Estate License #3252434 Listed on: 06/11/2020

World Impact Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $588

Year Built

  • Built in 1951

Lot Details

  • Lot Dimensions are 50 x 197
  • Property is zoned Commercial, Resid

Home Design

  • Florida Architecture

Interior Spaces

  • 806 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Cherry Street Elementary School
  • Everitt Middle School
  • Rutherford High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Springfield Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 23767-000-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$588

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size: 50 x 197
  • Subdivision Name: SPRINGFIELD PLAT
  • Directions: From Hathaway US 98 East to Springfield Ave - Make RIGHT on Springfield home on the left
  • Architectural Style: Florida Cottage
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1951
  • Utilities Electric: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Rooms:Living Room: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric

Schools

  • Elementary School: Cherry Street
  • High School: Rutherford
  • Middle Or Junior School: Everitt

Lot Info

  • Parcel #: 23767-000-000
  • Zoning: Commercial, Resid
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 588.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Aug 18, 2020
Sold by
Yhs Properties Llc
Bought by
Jones Deborah L
Seller's Agent
Yolanda Salas
World Impact Real Estate
List Price
$90,000
Sold Price
$90,000
Current Estimated Value
$148,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,780
Avg. Annual Appreciation
10.51%
Original Mortgage
$85,000
Outstanding Balance
$75,739
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$73,041

Purchase Details

Listed on
Mar 1, 2019
Closed on
Jan 8, 2020
Sold by
Hull John David and Hull Josie Jeanette
Bought by
Yhs Properties Llc
Seller's Agent
Nathan Lawrence
Keller Williams Success Realty
Buyer's Agent
Nathan Lawrence
Prudential Shimmering Sands
List Price
$50,000
Sold Price
$27,000
Premium/Discount to List
-$23,000
-46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
619.74%
Source: Public Records

Range of Values:

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jones Deborah L $90,000 South Oak Ttl Panama City Be
Yhs Properties Llc $27,000 South Oak Ttl Panama City Be
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Deborah L $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Off Market $90,000 -- --
06/20/2022 06/20/22 Off Market $27,000 -- --
08/18/2020 08/18/20 Sold $90,000 0.0% $112 / Sq Ft
08/18/2020 08/18/20 Sold $90,000 0.0% $112 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
07/01/2020 07/01/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $90,000 -9.5% $112 / Sq Ft
04/02/2020 04/02/20 For Sale $99,500 +268.5% $123 / Sq Ft
01/10/2020 01/10/20 Sold $27,000 -46.0% $33 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $50,000 -- $62 / Sq Ft
Source: Emerald Coast 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 $1,613 $91,844 $18,846 $72,998
2023 $1,613 $87,965 $14,418 $73,581
2022 $1,405 $79,968 $11,880 $68,088
2021 $1,317 $77,375 $11,178 $66,197
2020 $589 $33,459 $11,178 $22,281
2019 $588 $33,329 $10,800 $22,529
2018 $634 $36,068 $0 $0
2017 $643 $36,317 $0 $0
2016 $659 $36,566 $0 $0
2015 $677 $36,815 $0 $0
2014 $948 $40,776 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2020

    Yolanda Salas

    World Impact Real Estate

    Section Image
  • Nathan Lawrence

    Seller's Agent in 2020

    Nathan Lawrence

    Keller Williams Success Realty

    (850) 250-3701

    21 in this area

    831 Total Sales

    Nathan Lawrence
    Section Image

  • N

    Seller Co-Listing Agent in 2020

    Nana Barakah

    World Impact Real Estate

    Section Image

  • F

    Buyer's Agent in 2020

    Frank Collins

    RE Florida Homes

    (850) 249-0313

    5 Total Sales

    Frank Collins
    Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 848330

Emerald Coast Association of REALTORS®

APN: 23767-000-000

Florida Bay County Panama City 32401

306 Springfield Ave, Panama City, FL

This home is located at 306 Springfield Ave, Panama City, FL 32401 since 11 June 2020 and is currently estimated at $148,780, approximately $184 per square foot. This property was built in 1951. 306 Springfield Ave is a home located in Bay County with nearby schools including Merriam Cherry Street Elementary School, Everitt Middle School, and Rutherford 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.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes