$61,500
SOLD APR 28, 2014
0.3 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

$26 Per Sq Ft

18% Below List Price

538 Days on Market

Highlights

  • Boat Dock
  • Cul-De-Sac
  • Level Lot

About This Lot

As of December 2022

Beautiful spot to build your dream home! Located on a cul-de-sac, this Cove Pointe lot is perfect for an executive or medical professional as you are close to Bay Medical Center and Downtown Panama City. Cove Pointe is a newer, upscale neighborhood. There is a community dock on Watson Bayou. Don't miss this opportunity to finally build the home of your dreams! All info approx and must be verified by Buyers if important.

Last Agent to Sell the Property

Scott Ingraham

Scott Ingraham Real Estate License #0644654 Listed on: 10/04/2012

Last Buyer's Agent

Scott Ingraham

RE/MAX Real Estate Center

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,400

Lot Details

  • Lot Dimensions are 50x162x169x114
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot

HOA Fees

  • $40 Monthly HOA Fees

Schools

  • Cherry Street Elementary School
  • Jinks Middle School
  • Bay High School

Utilities

  • Phone Available

Community Details

Overview

  • Association fees include legal/accounting
  • Cove Pointe Subdivision

Recreation

  • Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$1,400

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size: 50X162X169X114
  • Subdivision Name: Cove Pointe
  • ResoPropertyType: Land
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 475.0
  • Community Features: Dock
  • Amenities: Dock
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Legal/Accounting

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Cleared, Cul-De-Sac, Level
  • Zoning Description: Resid Single Family

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Nov 30, 2022
Sold by
Marshall Stephanie Diane
Bought by
Henry William C and Henry Therese C
Seller's Agent
Cory Herrman
Counts Real Estate Group Inc
Buyer's Agent
Non Member Comp Purposes
Non Member Comp Purposes
List Price
$99,000
Sold Price
$87,500
Premium/Discount to List
-$11,500
-11.62%
Current Estimated Value
$266,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,167
Avg. Annual Appreciation
49.09%

Purchase Details

Closed on
Aug 2, 2022
Sold by
Michael Hobbs Jr George
Bought by
Hobbs Stephanie Marshall

Purchase Details

Closed on
Sep 21, 2017
Sold by
Allmon Michael and Harris Dara Sedessie
Bought by
Hobbs George Michael and Hobbs Stephanie Marshall

Purchase Details

Listed on
Oct 4, 2012
Closed on
Apr 28, 2014
Sold by
Jennings David J
Bought by
Allmon Michael and Harris Dara Sedessie
Seller's Agent
Scott Ingraham
Scott Ingraham Real Estate
Buyer's Agent
Scott Ingraham
RE/MAX Real Estate Center
List Price
$75,000
Sold Price
$61,500
Premium/Discount to List
-$13,500
-18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.75%
Original Mortgage
$46,125
Interest Rate
4.37%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 17, 2006
Sold by
Cove Preservation Partners Inc
Bought by
Jennings David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,515
Interest Rate
6.19%
Mortgage Type
Balloon
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 Type Sale Price Title Company
Warranty Deed $87,500 --
Quit Claim Deed $100 Johnson Travis R
Quit Claim Deed $100 Johnson Travis R
Warranty Deed $60,000 Omega Title Llc
Warranty Deed $61,500 Cornerstone Title Agency Inc
Corporate Deed $110,600 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 VA
Open $551,200 Construction
Previous Owner $46,125 Future Advance Clause Open End Mortgage
Previous Owner $64,515 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2023 01/22/23 Off Market $87,500 -- --
12/02/2022 12/02/22 For Sale $99,000 +13.1% $42 / Sq Ft
12/01/2022 12/01/22 Sold $87,500 0.0% $37 / Sq Ft
12/01/2022 12/01/22 Sold $87,500 -11.6% $37 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/28/2022 10/28/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $99,000 +61.0% $42 / Sq Ft
06/20/2022 06/20/22 Off Market $61,500 -- --
04/28/2014 04/28/14 Sold $61,500 -18.0% $26 / Sq Ft
03/26/2014 03/26/14 Pending -- -- --
10/04/2012 10/04/12 For Sale $75,000 -- $32 / 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 $1,400 $82,808 -- --
2023 $1,400 $75,280 $74,480 $800
2022 $1,176 $64,391 $0 $0
2021 $1,124 $58,537 $0 $0
2020 $1,032 $53,215 $52,415 $800
2019 $860 $53,215 $52,415 $800
2018 $806 $53,215 $0 $0
2017 $853 $56,933 $0 $0
2016 $844 $55,024 $0 $0
2015 $809 $51,302 $0 $0
2014 $701 $44,846 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 602903

Central Panhandle Association of REALTORS®

APN: 21267-120-000