NOT LISTED FOR SALE

365 Mercedes Ave Panama City, FL 32401

Estimated Value: $225,000 - $302,000

3 Beds
2 Baths
1,326 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $174,900 $132 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,571/month

57 Days on Market

Highlights

  • Bayou View
  • Spanish Architecture
  • Central Heating and Cooling System
  • Newly Painted Property
  • Great Room
  • 1 Car Garage

About This Home

As of June 2021

SHORT SALE on this COVE HOME! Some Hurricane damage, but very livable with New Roof 2019. If you're looking a starter home or ready to downsize, this could be the perfect home. It features a very OPEN FLOOR PLAN with cathedral ceilings and lots of natural light. The kitchen opens up to living area and has a breakfast nook with a view of the BAYOU ACROSS THE STREET. The split floor plan offers a master bedroom with private bath. There are 2 additional bedrooms, with one attached to a bathroom, and could be a 2nd Master. This home needs some work, but at this price , you have room to add your special touch. Don't wait to see this ''hard to find'' COVE HOME.

Last Agent to Sell the Property

Debbie Kolmetz

Panhandle Realty LLC License #332449 Listed on: 02/28/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,925

Year Built

  • Built in 1991

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • 1 Car Garage

Home Design

  • Spanish Architecture
  • Newly Painted Property
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • 1,326 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Bayou Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Bunkers Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21230-091-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,925

Year Built

Built in 1991

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 50x150
  • Road Surface Type: Paved
  • Co List Office Mls Id: EDSK
  • Co List Office Phone: 850-836-4825
  • Subdivision Name: Bunkers Cove
  • Directions: From Hwy 231 in Panama City, go South on Cove Blvd past Ascension Sacred Heart Hospital (formerly Bay Medical Hospital), to red light. Turn left on Hwy 98. Go couple blocks and turn right at light on 4th Street. Then immediately turn left on Mercedes. Second home on right.
  • Architectural Style: Spanish
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1991
  • Utilities Electric: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Appliances Microwave: Yes
  • Utilities:Community Water: Yes
  • Rooms:Great Room: Yes
  • Waterview:Bayou2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator W/IceMk, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Furnished - None, Newly Painted
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • View: Bayou
  • Construction Type: Roof Composite Shngl, Stucco
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Parking Features:Garage3: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Community Sewer, Community Water, Electric

Schools

  • Elementary School: Cherry Street
  • High School: Bay
  • Middle Or Junior School: Jinks

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 21230-091-000
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1925.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2021
Closed on
Jun 14, 2021
Sold by
Fortitude Properties Llc
Bought by
Roulhac Felicia Andrie
Seller's Agent
Debbie Kolmetz
Panhandle Realty LLC
List Price
$174,900
Sold Price
$174,900
Current Estimated Value
$256,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,515
Avg. Annual Appreciation
9.54%
Original Mortgage
$7
Outstanding Balance
$6
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$256,409

Purchase Details

Listed on
Oct 5, 2018
Closed on
Dec 6, 2019
Sold by
Grimm James Hunter
Bought by
Fortitude Properties Llc
Seller's Agent
Susan Morrison
Anchor Realty Florida
Buyer's Agent
Debbie Kolmetz
Panhandle Real Estate
List Price
$169,900
Sold Price
$125,000
Premium/Discount to List
-$44,900
-26.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.91%
Original Mortgage
$125,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2019
Sold by
Grimm James Hunter and Grimm James
Bought by
Home Point Financial Corporation

Purchase Details

Listed on
May 21, 2015
Closed on
Sep 22, 2015
Sold by
Burch Mary E
Bought by
Grimm Ii James Hunter
Seller's Agent
Karen Burch
CENTURY 21 Commander Realty
Buyer's Agent
Karen Burch
CENTURY 21 Commander Realty
List Price
$120,000
Sold Price
$115,000
Premium/Discount to List
-$5,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$115,000
Interest Rate
3.97%
Mortgage Type
VA

Purchase Details

Closed on
Oct 18, 2002
Sold by
Woods Mary Ann
Bought by
Woods Mary Ann and Burch Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,100
Interest Rate
5.42%
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Roulhac Felicia Andrie $174,900 Mti Title Insurance Agcy Inc
Fortitude Properties Llc $125,000 Mti Title Insurance Agcy Inc
Home Point Financial Corporation -- None Available
Grimm Ii James Hunter $115,000 Omega Title Llc
Woods Mary Ann -- Lanco Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roulhac Felicia Andrie $7
Open Roulhac Felicia Andrie $171,731
Closed Roulbac Felicia Andrie $171,731
Previous Owner Fortitude Properties Llc $125,000
Previous Owner Grimm Ii James Hunter $130,000
Previous Owner Grimm Ii James Hunter $130,000
Previous Owner Grimm Ii James Hunter $115,000
Previous Owner Woods Mary Ann $55,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Off Market $125,000 -- --
06/20/2022 06/20/22 Off Market $1,650 -- --
06/20/2022 06/20/22 Off Market $115,000 -- --
06/14/2021 06/14/21 Sold $174,900 0.0% $132 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
02/28/2021 02/28/21 For Sale $174,900 0.0% $132 / Sq Ft
02/28/2020 02/28/20 Rented $1,650 0.0% --
02/28/2020 02/28/20 Under Contract -- -- --
02/19/2020 02/19/20 For Rent $1,650 0.0% --
12/10/2019 12/10/19 Sold $125,000 -26.4% $111 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
10/05/2018 10/05/18 For Sale $169,900 +47.7% $150 / Sq Ft
09/22/2015 09/22/15 Sold $115,000 -4.2% $102 / Sq Ft
08/16/2015 08/16/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $120,000 -- $106 / Sq Ft
Source: Emerald Coast 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 $2,091 $157,333 -- --
2023 $2,091 $152,750 $0 $0
2022 $1,969 $148,301 $26,050 $122,251
2021 $2,097 $114,359 $0 $0
2020 $1,925 $103,963 $24,500 $79,463
2019 $259 $85,798 $23,500 $62,298
2018 $323 $98,138 $0 $0
2017 $0 $98,619 $0 $0
2016 $1,510 $98,457 $0 $0
2015 $656 $80,659 $0 $0
2014 $658 $81,099 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Debbie Kolmetz

    Panhandle Realty LLC

    (850) 836-4825

    113 Total Sales

    Debbie Kolmetz
    Section Image
  • Susan Morrison

    Seller's Agent in 2019

    Susan Morrison

    Anchor Realty Florida

    (850) 624-9696

    140 Total Sales

    Susan Morrison
    Section Image
  • Karen Burch

    Seller's Agent in 2015

    Karen Burch

    CENTURY 21 Commander Realty

    (850) 819-2780

    16 Total Sales

    Karen Burch
    Section Image
See All Agents

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 863919

Emerald Coast Association of REALTORS®

APN: 21230-091-000

Florida Bay County Panama City 32401

365 Mercedes Ave, Panama City, FL

This home is located at 365 Mercedes Ave, Panama City, FL 32401 since 28 February 2021 and is currently estimated at $256,415, approximately $193 per square foot. This property was built in 1991. 365 Mercedes Ave is a home located in Bay County with nearby schools including Merriam Cherry Street Elementary School, Jinks Middle School, and Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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