NOT LISTED FOR SALE

4011 W 27th Ct Panama City, FL 32405

Estimated Value: $309,000 - $362,768

3 Beds
2 Baths
1,630 Sq Ft
$202/Sq Ft Est. Value

Last Sold May 17, 2020

Last sale price $155,000 $95 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,010/month

36 Days on Market

Highlights

  • Bay View
  • Craftsman Architecture
  • Fireplace
  • Waterfront
  • No HOA
  • Recessed Lighting

About This Home

As of May 2020

AWESOME fix & flip or investment opportunity with this brick home ON THE CANAL WITH GULF ACCESS in Pretty Bayou! Come finish this renovation project! This home is a 3 Bedroom / 2 Bathroom with 1,630 sqft. (heated) and 2,230 sqft. (total). The exterior of the home has already been completely renovated - all NEW WINDOWS, NEW DOORS, NEW ROOF, NEW SHUTTERS, NEW SEPTIC TANK & FEED LINES, NEW HARDIE BOARD SIDING, NEW EXTERIOR PAINT, Etc. - It's all new! There is a dock in the backyard on the canal leading straight out to Panama City Bay, so bring your boat! The inside is gutted, but all plumbing and electrical is done - So you'll need drywall, flooring, etc. - But not much! AT THIS PRICE THIS ONE IS A STEAL, and IT WON'T LAST LONG! So act quickly!

Last Agent to Sell the Property

Eugeniu Ursu

Eugeniu Ursu Listed on: 03/08/2020

Last Buyer's Agent

Eugeniu Ursu

World Impact Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $859

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100 x 130
  • Waterfront
  • Street terminates at a dead end

Parking

  • Garage

Property Views

  • Bay
  • Canal

Home Design

  • Craftsman Architecture
  • Fixer Upper
  • Brick Exterior Construction
  • Shingle Roof
  • Ridge Vents on the Roof
  • HardiePlank Type

Interior Spaces

  • 1,630 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lucille Moore Elementary School
  • Jinks Middle School
  • Bay High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Bayview Heights Replat Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$859

Year Built

Built in 1977 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1977
  • Property Sub Type: Detached
  • Lot Size Acres: 0.28
  • Lot Size: 100 x 130
  • Road Frontage Type: City Street
  • Subdivision Name: Bayview Heights Replat
  • Architectural Style: Craftsman
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Fireplace, Recessed Lighting
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 1630.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • View: Bay, Canal
  • View: Yes
  • Waterfront Features: Canal Access, Dock Access, Shoreline - Natural, Waterfront
  • Waterfront: Yes
  • Construction Type: Brick, HardiPlank Type
  • Property Condition: Fixer, Updated/Remodeled
  • Roof: Ridge Vents, Shingle

Garage/Parking

  • Parking Features: Garage
  • Garage: Yes

Utilities

  • Utilities: Septic Available, Water Available
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Dead End, Waterfront
  • Lot Size Sq Ft: 12327.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 859.0
  • Tax Year: 2019

MLS Schools

  • Elementary School: Lucille Moore
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2020
Closed on
May 15, 2020
Sold by
Eugeniu Ursu Corp
Bought by
Olmstead Charles David
Seller's Agent
Eugeniu Ursu
Eugeniu Ursu
Buyer's Agent
Eugeniu Ursu
World Impact Real Estate
List Price
$160,000
Sold Price
$155,000
Premium/Discount to List
-$5,000
-3.12%
Current Estimated Value
$329,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,942
Avg. Annual Appreciation
15.38%
Original Mortgage
$125,000
Outstanding Balance
$111,251
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$218,691

Purchase Details

Closed on
Oct 14, 2019
Sold by
Hall Karen Smith
Bought by
Eugeniu Ursu Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 5, 2005
Sold by
Allen James Arthur and Allen Margaret Jane
Bought by
Hall Joe M and Hall Karen Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Olmstead Charles David $155,000 Knight Barry Title Sln Inc
Eugeniu Ursu Corp $95,000 H & S Title And Escrow Inc
Hall Joe M $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olmstead Charles David $125,000
Previous Owner Eugeniu Ursu Corp $150,000
Previous Owner Hall Karen Smith $241,000
Previous Owner Hall Joe M $261,250
Previous Owner Allen James Arthur $20,000
Previous Owner Allen James A $121,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $155,000 -- --
05/17/2020 05/17/20 Sold $155,000 -3.1% $95 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
03/08/2020 03/08/20 For Sale $160,000 -- $98 / 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 $2,593 $178,023 -- --
2023 $2,593 $161,839 $94,300 $163,514
2022 $1,739 $147,126 $85,272 $61,854
2021 $1,653 $135,641 $75,696 $59,945
2020 $1,050 $84,032 $69,312 $14,720
2019 $859 $106,392 $69,312 $37,080
2018 $1,410 $150,472 $0 $0
2017 $1,392 $146,836 $0 $0
2016 $1,391 $143,816 $0 $0
2015 $1,429 $142,816 $0 $0
2014 $1,412 $141,683 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 695099

Central Panhandle Association of REALTORS®

APN: 27217-031-000