$315,000
SOLD FEB 14, 2025

318 S Gay Ave Panama City, FL 32404

4 Beds
3 Baths
1,652 Sq Ft
0.35 Acres

Recently Sold

$191 Per Sq Ft

35 Days on Market

Highlights

  • Craftsman Architecture
  • Patio
  • Tankless Water Heater
  • No HOA
  • Living Room
  • Kitchen Island

About This Home

As of February 2025

This recently renovated, ready to move in home features fresh paint, new tile flooring, new stainless steel appliances.The 3 bathrooms has been modernized with full high tile.New tankless water heater, new A/C unit,New cabinets and quartz countertops.Step outside to a fully fenced backyard ideal for pets or outdoor gatherings.This home is the perfect blend of charm and modern updates.Dont miss out this fantastic opportunity call for a showing today.

Last Agent to Sell the Property

Jan Carlos Cruz Liqui

Realty Blu Inc Listed on: 12/09/2024

Last Buyer's Agent

Jan Carlos Cruz Liqui

Realty Blu Inc Listed on: 12/09/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,290

Year Built

  • Built in 1968

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 130x120
  • Fenced
  • Zoning described as City,Resid Single Family

Parking

  • Driveway

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Stone

Interior Spaces

  • 1,652 Sq Ft Home
  • Living Room

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Parker Elementary School
  • Rutherford Middle School
  • Rutherford High School

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Lannie Rowe Lake Estates U 2 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,290

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Property Sub Type: Detached
  • Lot Size Acres: 0.35
  • Lot Size: 130x120
  • Road Frontage Type: City Street
  • Subdivision Name: Lannie Rowe Lake Estates U-2
  • Architectural Style: Craftsman
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Range Hood, Tankless Water Heater
  • Interior Amenities: Kitchen Island
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 1652.0
  • Dining Room Type: Kitchen, Laundry, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Fenced, Full
  • Waterfront: No
  • Construction Type: Brick, Stone
  • Exterior Features: Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Driveway
  • Garage: No

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Rutherford Middle

Lot Info

  • Lot Size Sq Ft: 15246.0
  • Zoning Description: City,Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 4290.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Parker
  • High School: Rutherford

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
$293,360

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
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 $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

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 $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

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 765971

Central Panhandle Association of REALTORS®

APN: 07038-000-000