318 S Gay Ave Panama City, FL 32404
4
Beds
2
Baths
1,652
Sq Ft
0.35
Acres
About This Home
As of February 2025CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' A beautiful all brick home on a spacious corner lot. Home needs all cosmetics but has plenty of upside. Cash offers only. Garage was once closed in to make a 4th bedroom. French doors lead to the huge, privacy fenced backyard. A great fix and flip opportunity or fix for a long term rental. Great proximity to TAFB.
Last Agent to Sell the Property
Northwest Florida Realty, LLC License #BK3500469 Listed on: 08/29/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1968
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 130x120
Home Design
- 1,652 Sq Ft Home
- Ranch Style House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Schools
- Parker Elementary School
- Rutherford Middle School
- Rutherford High School
Community Details
- No Home Owners Association
- Callaway Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 9, 2024
Closed on
Feb 21, 2025
Sold by
B & C Tile Art Llc
Bought by
Quintana Mariannys Naranjo and Carrazana Idania Quintana
Seller's Agent
Jan Carlos Cruz Liqui
Realty Blu Inc
Buyer's Agent
Jan Carlos Cruz Liqui
Realty Blu Inc
List Price
$315,000
Sold Price
$315,000
Views
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,640
Avg. Annual Appreciation
-14.63%
Original Mortgage
$284,747
Outstanding Balance
$284,510
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$8,850
Purchase Details
Listed on
Aug 29, 2024
Closed on
Sep 27, 2024
Sold by
November 22 2023 Land Trust and Fresh Legal Perspective Pl Llc
Bought by
B & T Tile Art Llc
Seller's Agent
Donald West
Northwest Florida Realty, LLC
Buyer's Agent
Jan Carlos Cruz Liqui
Realty Blu Inc
List Price
$169,000
Sold Price
$159,900
Premium/Discount to List
-$9,100
-5.38%
Views
16
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
524.95%
Original Mortgage
$161,520
Interest Rate
6.49%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 9, 2024
Sold by
Franklin Debra R and Garrett Charles Lewis
Bought by
Wells Fargo Usa Holdings Inc
Purchase Details
Closed on
Nov 19, 2004
Sold by
Straus Kevin C and Straus Cynthia Jane
Bought by
Franklin Debra R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
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Foreclosure Auction Ends July 30, 2025 at 12:00 PM EST. Discover this delightful 3-bedroom, 2-bathroom single-family home located in the desirable Callaway subdivision in Panama City, FL. Sold As-is with Clear Title. Explore more details and submit your bid through Federa Home App.
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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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $290,000 | Clear Title | |
| Warranty Deed | $290,000 | Clear Title | |
| Warranty Deed | $159,900 | Clear Title | |
| Certificate Of Transfer | $119,300 | -- | |
| Warranty Deed | -- | Panama City Abstract & Title | |
| Warranty Deed | -- | Panama City Abstract & Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $284,747 | New Conventional | |
| Closed | $284,747 | New Conventional | |
| Previous Owner | $161,520 | Construction | |
| Previous Owner | $143,140 | Unknown | |
| Previous Owner | $108,089 | Unknown | |
| Previous Owner | $7,500 | Credit Line Revolving | |
| Previous Owner | $84,000 | Purchase Money Mortgage | |
| Previous Owner | $69,150 | VA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/14/2025 02/14/25 | Sold | $315,000 | 0.0% | $191 / Sq Ft |
| 01/13/2025 01/13/25 | Pending | -- | -- | -- |
| 12/09/2024 12/09/24 | For Sale | $315,000 | +97.0% | $191 / Sq Ft |
| 10/01/2024 10/01/24 | Sold | $159,900 | -5.4% | $97 / Sq Ft |
| 08/29/2024 08/29/24 | For Sale | $169,000 | -- | $102 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Tax History Compared to Growth
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 | $4,290 | $137,590 | $53,196 | $84,394 |
| 2023 | $4,290 | $134,617 | $49,569 | $85,048 |
| 2022 | $1,669 | $129,223 | $51,987 | $77,236 |
| 2021 | $1,656 | $124,896 | $51,382 | $73,514 |
| 2020 | $1,590 | $118,762 | $50,778 | $67,984 |
| 2019 | $888 | $105,322 | $0 | $0 |
| 2018 | $835 | $103,358 | $0 | $0 |
| 2017 | $838 | $101,232 | $0 | $0 |
| 2016 | $831 | $99,150 | $0 | $0 |
| 2015 | $853 | $98,461 | $0 | $0 |
| 2014 | $841 | $97,680 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jan Carlos Cruz Liqui
Seller's Agent in 2025
Jan Carlos Cruz Liqui
Realty Blu Inc
(813) 230-0784
46 in this area
119 Total Sales
-
Donald West
Seller's Agent in 2024
Donald West
Northwest Florida Realty, LLC
(850) 596-3349
35 in this area
137 Total Sales
Map
Source: Central Panhandle Association of REALTORS®
MLS Number: 761895
APN: 07038-000-000
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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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