$125,000
SOLD NOV 12, 2021

318 N Macarthur Ave Panama City, FL 32401

3 Beds
1 Bath
1,289 Sq Ft
10,640 Sq Ft Lot

Recently Sold

$97 Per Sq Ft

14% Below List Price

10 Days on Market

Highlights

  • Traditional Architecture
  • Fireplace
  • Interior Lot
  • No HOA
  • Porch
  • Screened Patio

About This Home

As of April 2022

It's time to get creative with this Cozy Cove Cottage! Don't miss your opportunity to capitalize on a great investment. The home features original hardwood floors, fireplace, original doors and windows, newer metal roof (2016), three bedrooms, 1 bath. Oversize screen porch overlooking a spacious backyard. Let your imagination run wild and breathe life back into this charmingCove home! Easy to show! Call today and let's go take a look!

Last Agent to Sell the Property

Raymond Williams PA

Think Real Estate License #3290892 Listed on: 09/20/2021

Think Real Estate

Co-Listed By

Matthew Wright

Think Real Estate License #sl3475720

Last Buyer's Agent

Sophia Espinosa Campbell

Bravo International Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,117

Year Built

  • Built in 1942

Lot Details

  • 10,640 Sq Ft Lot
  • Lot Dimensions are 76 x 140
  • Interior Lot
  • Zoning described as City,Resid Single Family

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,289 Sq Ft Home
  • Bookcases
  • Woodwork
  • Paneling
  • Fireplace
  • Living Room
  • Storage
  • Washer and Dryer Hookup
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Screened Patio
  • Porch

Schools

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

Utilities

  • Central Air
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Sudduths 4Th Add Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,117

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1942
  • Property Sub Type: Detached
  • Lot Size Acres: 0.24
  • Lot Size: 76 x 140
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: TRE1
  • Co List Office Phone: (850) 270-4200
  • Subdivision Name: Sudduths 4th Add
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Interior Amenities: Bookcases, Fireplace, Other, Pantry, Paneling/Wainscoting, Storage, Natural Woodwork
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 1289.0
  • Dining Room Type: Bedroom, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Fixer
  • Roof: Metal

Garage/Parking

  • Parking Features: Alley Access, Driveway
  • Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Security Features: Fire Alarm
  • Cooling: Central Air
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Interior Lot
  • Lot Size Sq Ft: 10640.0
  • Zoning Description: City,Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1116.93
  • Tax Year: 2020

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 12, 2021
Sold by
Razorback Capital Llc
Bought by
Specialized Builders Group Llc
Seller's Agent
Raymond Williams PA
Think Real Estate
Buyer's Agent
Sophia Espinosa Campbell
Bravo International Real Estate LLC
List Price
$144,900
Sold Price
$125,000
Premium/Discount to List
-$19,900
-13.73%
Current Estimated Value
$353,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,565
Avg. Annual Appreciation
31.72%
Original Mortgage
$161,000
Outstanding Balance
$149,069
Interest Rate
2.99%
Mortgage Type
Construction
Estimated Equity
$194,507

Purchase Details

Closed on
Sep 7, 2021
Sold by
Estate Of Jean Adams
Bought by
Razorback Capital Llc
Source: Public Records

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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 $125,000 Whitworth Title Group Inc
Administrators Deed $95,100 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $161,000 Construction
Previous Owner $50,000 New Conventional
Previous Owner $44,000 Negative Amortization
Previous Owner $40,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2022 10/10/22 Off Market $300,000 -- --
07/05/2022 07/05/22 Off Market $125,000 -- --
04/21/2022 04/21/22 Sold $300,000 0.0% $180 / Sq Ft
03/03/2022 03/03/22 For Sale $299,900 +139.9% $180 / Sq Ft
11/12/2021 11/12/21 Sold $125,000 -10.7% $97 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/24/2021 09/24/21 Price Changed $139,900 -3.5% $109 / Sq Ft
09/20/2021 09/20/21 For Sale $144,900 -- $112 / 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 $2,976 $219,850 -- --
2023 $2,976 $213,447 $0 $0
2022 $1,971 $109,988 $38,293 $71,695
2021 $1,429 $60,196 $0 $0
2020 $1,084 $54,724 $36,015 $18,709
2019 $284 $47,571 $0 $0
2018 $253 $46,684 $0 $0
2017 $236 $45,724 $0 $0
2016 $227 $44,784 $0 $0
2015 $228 $44,473 $0 $0
2014 $221 $44,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 717001

Central Panhandle Association of REALTORS®

APN: 21138-000-000