$365,000
SOLD MAY 12, 2025

340 N Macarthur Ave Panama City, FL 32401

3 Beds
2 Baths
1,420 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$257 Per Sq Ft

8% Below List Price

65 Days on Market

Highlights

  • Florida Architecture
  • Bonus Room
  • No HOA
  • Outdoor Fireplace
  • High Ceiling
  • Double Pane Windows

About This Home

As of May 2025

Charming 1942 Coastal Cottage in The Cove - A Modern Coastal Retreat.Step into this beautifully remodeled Florida Cottage, where vintage charm meets modern sophistication. Located in the highly desirable Cove neighborhood, this home has been meticulously updated with designer selected details and finishes making it a true masterpiece. The 3 bedroom split floorplan offers privacy for the primary suite. The luxurious primary suite features a spa like bathroom and convenient laundry access. The guest bathroom highlights the original cast iron tub, freshly reglazed to preserve its historic charm. The office/bonus room includes a glass entry door perfect for a home office or creative space. The original hardwood floors have been lovingly refinished showcasing their timeless beauty. All new interior doors are adorned with 1940's era replica bronze and glass handles adding a touch of period charm. Every detail of the remodel has been professionally designed ensuring a cohesive aesthetic throughout. A spacious kitchen, living and dining area is designed for entertaining or relaxing. New windows enhance the natural light and offer energy efficiency as does the new HVAC system. Durable James Hardie siding tops off the polished exterior. Step outside and fall in love with the backyard oasis featuring a huge, floating deck that transitions to a brick paver patio, ideal for outdoor dining, lounging, or entertaining. Surrounded by mature palms, and updated landscaping, you will relish the tropical vibes this yard offers. Convenient access to one of The Cove's unique alleyways offers additional accessibility. Ideally located just a short walk or golf cart ride to Downtown Panama City, where you'll enjoy upscale dining, a waterfront boutique hotel, bespoke bars, unique shopping experiences and year-round festivals. Enjoy bayside living without the hustle and bustle of tourists. This home is perfect as a full time residence, a vacation getaway or a fantastic investment opportunity. Call your favorite agent today and don't miss this opportunity to own this exquisite piece of Florida living. Photos coming soon *

Last Agent to Sell the Property

Stephanie Craven

Counts Real Estate Group Listed on: 01/23/2025

Counts Real Estate Group

Last Buyer's Agent

Hannah Luge

Foundation Real Estate Agency LLC License #3480395

Foundation Real Estate Agency LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,297

Year Built

  • Built in 1942

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75 x 140
  • Landscaped

Parking

  • Driveway

Home Design

  • Florida Architecture
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 1,420 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Insulated Doors
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

  • Convection Oven
  • Electric Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Outdoor Fireplace

Schools

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

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Tankless Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Sudduths 4Th Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 50

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,297

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: 75 x 140
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Subdivision Name: Sudduths 4th Add
  • Architectural Style: Florida
  • Efficiency: Appliances
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Dishwasher, ENERGY STAR Qualified Appliances, Electric Oven, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Tankless Water Heater
  • Interior Amenities: High Ceilings, Kitchen Island, Recessed Lighting, Split Bedrooms, Instant Hot Water
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Fireplace Features: Outside
  • Living Area: 1420.0
  • Dining Room Type: Bedroom, Primary Bedroom, Bonus Room
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Features: None
  • Fencing: Partial
  • Waterfront: No
  • Construction Type: HardiPlank Type, Wood Frame
  • Exterior Features: Patio
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Utilities: High Speed Internet Available, Trash Collection
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: 220 Volts

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 10454.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Annual Amount: 2297.0
  • Tax Block: 50
  • Tax Lot: 3
  • Tax Year: 2023

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2025
Closed on
May 12, 2025
Sold by
Carney Oscar Wayne
Bought by
Day Samara Nene
Seller's Agent
Stephanie Craven
Counts Real Estate Group
Buyer's Agent
Hannah Luge
Foundation Real Estate Agency LLC
List Price
$395,000
Sold Price
$365,000
Premium/Discount to List
-$30,000
-7.59%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.26%
Original Mortgage
$365,000
Outstanding Balance
$365,000
Interest Rate
6.65%
Mortgage Type
VA
Estimated Equity
-$1,998

Purchase Details

Closed on
Apr 6, 2022
Sold by
Tanya Jones
Bought by
Carney Oscar Wayne

Purchase Details

Closed on
Mar 15, 2022
Sold by
Phoenix Roofing And Construction Inc
Bought by
Jones Tanya

Purchase Details

Closed on
Jul 2, 2018
Sold by
Jones Tanya M
Bought by
Taylor Renita S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,850
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 6, 2002
Sold by
Nutter Mittie S and Jewell Vivian
Bought by
Jones Tanya M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,375
Interest Rate
6.53%
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 $365,000 Mti Title
Warranty Deed $139,000 Mti Title
Certificate Of Transfer $200 --
Certificate Of Transfer $200 --
Warranty Deed $143,000 Cornerstone Title Agency Inc
Warranty Deed $82,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $365,000 VA
Previous Owner $135,850 Unknown
Previous Owner $127,000 Unknown
Previous Owner $152,500 Credit Line Revolving
Previous Owner $88,000 Credit Line Revolving
Previous Owner $78,375 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Sold $365,000 -2.7% $257 / Sq Ft
03/07/2025 03/07/25 Price Changed $375,000 -2.6% $264 / Sq Ft
02/16/2025 02/16/25 Price Changed $385,000 -2.5% $271 / Sq Ft
01/23/2025 01/23/25 For Sale $395,000 -- $278 / 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 $2,297 $134,838 -- --
2023 $2,297 $122,580 $44,100 $78,480
2022 $1,314 $105,178 $0 $0
2021 $9,219 $102,115 $0 $0
2020 $1,261 $101,521 $36,015 $65,506
2019 $974 $101,056 $34,545 $66,511
2018 $1,236 $81,657 $0 $0
2017 $1,218 $81,264 $0 $0
2016 $1,235 $80,501 $0 $0
2015 $1,241 $78,712 $0 $0
2014 $1,229 $78,612 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 767643

Central Panhandle Association of REALTORS®

APN: 21131-000-000