NOT LISTED FOR SALE

3738 E 9th St Panama City, FL 32401

Estimated Value: $98,000 - $232,000

6 Beds
6 Baths
2,808 Sq Ft
$59/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $309,000 $110 Per Sq Ft

Est. 47% decrease in value since last sale

Current estimated payment $1,018/month

Highlights

  • No HOA
  • Living Room
  • Dining Room

About This Home

As of December 2022

3 townhomes for super low price!Prepare to be absolutely amazed. Money making machine! Perfect for an investor looking to capitalize on massive rental income for a very low price. These 3 townhomes (3738, 3742, 3744 East 9th Street) are priced super low at only $309,000 and garner tremendous rental income with potential to increase future rent rates right after closing. Here are the current lease rates.3748 East 9th Street = $700 per month (could be increased to $1,000 per month)3742 East 9th Street = $1,000 per month (solid rental income)3744 East 9th Street = $950 per month (could be increased to $1,000 per month).Bask in the beauty of Springfield Heights where there are an abundance of activities for all.

Last Agent to Sell the Property

Mike Herring

Keller Williams Realty Emerald License #3256219 Listed on: 11/29/2022

Keller Williams Realty Emerald

Co-Listed By

Carole Lea Gilman

Keller Williams Realty Emerald Coast License #3086106

Last Buyer's Agent

Donna Stokes

Top Producers Real Estate Ctr License #BK595010

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,458

Year Built

  • Built in 1983

Lot Details

  • Lot Dimensions are 23x80

Interior Spaces

  • 2,808 Sq Ft Home
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

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

Community Details

  • No Home Owners Association
  • Springfield Heights Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,458

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Property Sub Type: Attached
  • Lot Size: 23x80
  • Co List Office Mls Id: KWEC5
  • Co List Office Phone: (850) 204-0308
  • Subdivision Name: Springfield Heights
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Townhouse
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Living Area: 2808.0
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Half Bath, Living Room
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Rutherford Middle

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: Parker
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Dec 14, 2022
Sold by
Zirbel Charles Jay
Bought by
Capitala Llc
Seller's Agent
Mike Herring
Keller Williams Realty Emerald
Buyer's Agent
Donna Stokes
Top Producers Real Estate Ctr
List Price
$309,000
Sold Price
$309,000
Views
2
Current Estimated Value
$164,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$144,569
Avg. Annual Appreciation
-20.90%

Purchase Details

Listed on
Mar 28, 2013
Closed on
Aug 30, 2013
Sold by
Gaglio Nancy L and Gaglio Frank A
Bought by
Zirbel Charles and Zirbel Deborah Shoman
Seller's Agent
Kathryn Miller
Coldwell Banker Carroll Realty
Buyer's Agent
Kathryn Miller
Prudential Shimmering Sands
List Price
$199,900
Sold Price
$160,000
Premium/Discount to List
-$39,900
-19.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$130,000
Interest Rate
4.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 25, 2004
Sold by
Jones Nancy L
Bought by
Gaglio Frank A and Jones Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 23, 2003
Sold by
Casey Joan Elizabeth and Mossbacher Joan C
Bought by
Jones Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
8%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Capitala Llc $93,000 Mti Title
Zirbel Charles $160,000 Cornerstone Title Agency Inc
Gaglio Frank A $46,400 Lawyers Title Agency Of Nort
Jones Nancy L $188,000 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zirbel Charles $130,000
Previous Owner Gaglio Frank A $140,000
Previous Owner Jones Nancy L $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2023 01/22/23 Off Market $309,000 -- --
12/15/2022 12/15/22 Sold $309,000 0.0% $110 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $309,000 +93.1% $110 / Sq Ft
06/20/2022 06/20/22 Off Market $160,000 -- --
08/29/2013 08/29/13 Sold $160,000 -20.0% $41 / Sq Ft
08/06/2013 08/06/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $199,900 -- $51 / 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 $1,458 $79,575 $7,084 $72,491
2023 $1,458 $79,925 $6,375 $73,550
2022 $817 $42,549 $4,870 $37,679
2021 $839 $40,353 $3,683 $36,670
2020 $2,004 $129,045 $12,320 $116,725
2019 $1,849 $117,521 $11,704 $105,817
2018 $2,050 $130,041 $0 $0
2017 $2,095 $131,417 $0 $0
2016 $2,163 $132,821 $0 $0
2015 $2,235 $134,197 $0 $0
2014 $2,263 $136,274 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 734990

Central Panhandle Association of REALTORS®

APN: 15300-001-000