$130,000
SOLD OCT 2, 2024

3125 W 22nd St Panama City, FL 32405

3 Beds
1.5 Baths
1,224 Sq Ft
0.3 Acres

Recently Sold

$106 Per Sq Ft

10% Below List Price

39 Days on Market

About This Home

As of April 2025

OCCUPIED - DO NOT DISTURBInvestors and flippers, don't miss out on this promising opportunity in the heart of Panama City! This property is conveniently located just minutes from top dining, shopping, and other amenities, with the hospital 10 minutes away and the beach only 15 minutes from home. The roof is 8 years old, with the AC and water heater both over 10 years old, and the wiring is copper. While the home could use some cosmetic updates, it presents a great potential for a profitable flip or cash flow investment. Seize this chance to turn this centrally located property into a standout investment!

Last Agent to Sell the Property

Blake Woodham

The Gulf Coast Property Group License #SL3322765 Listed on: 08/15/2024

Last Buyer's Agent

Jan Carlos Cruz Liqui

Realty Blu Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $799

Year Built

  • Built in 1970

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 70 x 190

Home Design

  • 1,224 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Community Details

  • No Home Owners Association
  • Sherwood Unit 3 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$799

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Detached
  • Lot Size Acres: 0.3
  • Lot Size: 70 x 190
  • Subdivision Name: Sherwood Unit 3
  • Architectural Style: Other
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1224.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Sewer Connected, Water Connected

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Size Sq Ft: 13286.0

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Annual Amount: 799.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Lucille Moore
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2025
Closed on
Mar 28, 2025
Sold by
Veliz Pipe Pro Llc
Bought by
Pena Luis Enrique Domi
Seller's Agent
Jan Carlos Cruz Liqui
Realty Blu Inc
Buyer's Agent
Jan Carlos Cruz Liqui
Realty Blu Inc
List Price
$270,000
Sold Price
$256,000
Premium/Discount to List
-$14,000
-5.19%
Views
72
Current Estimated Value
$255,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$442
Avg. Annual Appreciation
-0.54%
Original Mortgage
$251,363
Outstanding Balance
$251,363
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$4,195

Purchase Details

Listed on
Aug 15, 2024
Closed on
Oct 2, 2024
Sold by
Steele Eric
Bought by
Veliz Pipe Pro Llc
Seller's Agent
Blake Woodham
The Gulf Coast Property Group
Buyer's Agent
Jan Carlos Cruz Liqui
Realty Blu Inc
List Price
$145,000
Sold Price
$130,000
Premium/Discount to List
-$15,000
-10.34%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
287.79%
Original Mortgage
$148,000
Interest Rate
6.46%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 10, 2015
Sold by
Strickland Dallas E and Stanley Betty L
Bought by
Steele Eric D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,093
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Warranty Deed $256,000 Clear Title
Warranty Deed $256,000 Clear Title
Warranty Deed $130,000 South Oak Title
Warranty Deed $81,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $251,363 FHA
Closed $251,363 FHA
Previous Owner $148,000 Construction
Previous Owner $76,093 FHA
Previous Owner $19,790 Unknown
Previous Owner $20,000 Credit Line Revolving
Previous Owner $85,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Sold $256,000 -3.4% $180 / Sq Ft
03/16/2025 03/16/25 Pending -- -- --
03/05/2025 03/05/25 Price Changed $265,000 -1.8% $186 / Sq Ft
02/26/2025 02/26/25 Price Changed $269,900 0.0% $190 / Sq Ft
02/11/2025 02/11/25 For Sale $270,000 +107.7% $190 / Sq Ft
10/02/2024 10/02/24 Sold $130,000 -10.3% $106 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $145,000 0.0% $118 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
08/15/2024 08/15/24 For Sale $145,000 -- $118 / 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 $799 $81,232 -- --
2023 $799 $78,866 $0 $0
2022 $827 $76,569 $0 $0
2021 $780 $74,339 $0 $0
2020 $715 $61,956 $28,613 $33,343
2019 $471 $61,188 $27,500 $33,688
2018 $507 $71,037 $0 $0
2017 $499 $69,576 $0 $0
2016 $505 $68,828 $0 $0
2015 $1,208 $76,581 $0 $0
2014 $1,202 $76,872 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 761361

Central Panhandle Association of REALTORS®

APN: 28599-080-000