NOT LISTED FOR SALE

403 S Palo Alto Ave Panama City, FL 32401

Estimated Value: $231,000 - $292,000

3 Beds
1 Bath
1,056 Sq Ft
$251/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $275,000 $260 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,552/month

Highlights

  • Florida Architecture
  • 1 Car Attached Garage
  • 1-Story Property
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of August 2024

Charming Cove cottage! This historic Cove home features wood floors through out to include 3 bedrooms and 1 bath. The galley style kitchen features soft close cabinets and drawers hard marble counter tops. The bathroom features an floor to ceiling all tile shower with granite counter top vanity and LVP flooring. The back yard is over sized and has a large rear entry gate from the alley way. There is also a 1 car garage with cabinet and counter top for storage. Guest cottage is not included with the main home rental.

Last Agent to Rent the Property

Rick Ingram

iLeaseIt License #677873 Listed on: 08/12/2024

Last Renter's Agent

Rick Ingram

iLeaseIt License #677873 Listed on: 08/12/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,315

Year Built

  • Built in 1947

Lot Details

  • 10,498

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Florida Architecture

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Security Deposit $1,950
  • Property Available on 10/1/24
  • Tenant pays for all utilities
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,315

Year Built

Built in 1947

Lot Details

0

Parking

1

Rental Info

  • Lease Amount: 1950.0
  • Security Deposit: 1950.0
  • Lease Term: 12 Months
  • Tenant Pays: All Utilities
  • Available Date: 2024-10-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1947
  • Property Sub Type: Detached
  • Subdivision Name: [No Recorded Subdiv]
  • Architectural Style: Florida
  • Entry Level: 1
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: ResidentialLease
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Microwave, Refrigerator, Water Heater
  • Interior Amenities: Unfurnished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Plank, Vinyl
  • Living Area: 1056.0
  • Stories: 1

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Driveway, Garage
  • Garage: Yes
  • Attached Garage: Yes
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Pets Allowed: Yes

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Land Lease Amount Frequency: Monthly

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2024
Closed on
May 30, 2024
Sold by
Faure Benjamin J and Faure Bridget F
Bought by
Mcelheney Lorianne and Mathes Leigh A
Seller's Agent
Rick Ingram
iLeaseIt
Buyer's Agent
Rick Ingram
Counts Real Estate Group
Sold Price
$1,949
Views
114
Current Estimated Value
$265,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,169
Avg. Annual Appreciation
-2.91%

Purchase Details

Closed on
Oct 26, 2016
Sold by
Jay M Maggiore Family C Llc
Bought by
Faure Benjamin J and Faure Bridget F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,475
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2013
Sold by
Jay M Maggiore Family C Llc
Bought by
Jay M Maggiore Family C Llc
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
Mcelheney Lorianne $275,000 None Listed On Document
Faure Benjamin J $120,500 Diamond Title Agency Inc
Jay M Maggiore Family C Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faure Benjamin J $25,000
Previous Owner Faure Benjamin J $114,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2024 08/26/24 Rented $1,795 -7.9% --
08/19/2024 08/19/24 Under Contract -- -- --
08/12/2024 08/12/24 For Rent $1,950 +0.1% --
07/16/2024 07/16/24 Rented $1,949 0.0% --
06/11/2024 06/11/24 Price Changed $1,949 -2.3% $2 / Sq Ft
06/01/2024 06/01/24 For Rent $1,995 0.0% --
05/30/2024 05/30/24 Sold $275,000 -3.5% $226 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $285,000 -- $234 / 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 $1,315 $113,106 -- --
2023 $1,315 $109,812 $0 $0
2022 $1,300 $106,614 $0 $0
2021 $1,273 $103,509 $39,984 $63,525
2020 $1,284 $103,245 $39,322 $63,923
2019 $987 $101,852 $37,852 $64,000
2018 $945 $102,305 $0 $0
2017 $944 $102,389 $0 $0
2016 $962 $62,711 $0 $0
2015 $953 $60,432 $0 $0
2014 $935 $59,771 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Oberg

    Seller's Agent in 2024

    Mark Oberg

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (404) 406-4887

    77 Total Sales

    Mark Oberg
    Section Image

  • R

    Landlord's Agent in 2024

    Rick Ingram

    iLeaseIt

    (850) 381-3964

    19 Total Sales

    Rick Ingram
    Section Image
  • Robbie Hughes

    Buyer's Agent in 2024

    Robbie Hughes

    Counts Real Estate Group

    (904) 689-6883

    175 Total Sales

    Robbie Hughes
    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 761202

Central Panhandle Association of REALTORS®

APN: 21554-000-000

Florida Bay County Panama City 32401

403 S Palo Alto Ave, Panama City, FL

This home is located at 403 S Palo Alto Ave, Panama City, FL 32401 since 12 August 2024 and is currently priced at $265,118. This property was built in 1947. 403 S Palo Alto 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.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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