NOT LISTED FOR SALE

406 Otto Ln Panama City, FL 32408

Estimated Value: $282,000 - $346,000

3 Beds
2 Baths
1,330 Sq Ft
$247/Sq Ft Est. Value

About This Home

This home is located at 406 Otto Ln, Panama City, FL 32408 and is currently estimated at $328,184, approximately $246 per square foot. 406 Otto Ln is a home located in Bay County with nearby schools including J.R. Arnold High School, Surfside Middle School, and Patronis Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2020
Sold by
Bane Richard Andrew and Bane Juliet Lynn
Bought by
Faile Dylan J
Current Estimated Value
$339,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,272
Outstanding Balance
$187,759
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$140,425

Purchase Details

Closed on
Jun 4, 2004
Sold by
Bane Richard Andrew and Bane Juliet Lynn
Bought by
Bane Richard Andrew and Bane Juliet Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,002
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
May 20, 2002
Sold by
Mcgowen John T and Mcgowen Pamela S
Bought by
Bane Richard Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,100
Interest Rate
6.92%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Faile Dylan J $220,000 Attorney
Bane Richard Andrew -- Lanco Title & Escrow
Bane Richard Andrew $132,500 Lanco Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faile Dylan J $211,272
Previous Owner Bane Richard Andrew $145,002
Previous Owner Bane Richard Andrew $136,100
Source: Public Records

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 $2,155 $210,998 $72,723 $138,275
2023 $2,155 $208,229 $68,212 $140,017
2022 $2,433 $206,936 $68,212 $138,724
2021 $2,323 $190,342 $55,566 $134,776
2020 $1,792 $143,986 $49,624 $94,362
2019 $1,748 $138,632 $47,219 $91,413
2018 $1,719 $134,136 $0 $0
2017 $1,621 $125,462 $0 $0
2016 $1,645 $125,052 $0 $0
2015 $1,706 $126,210 $0 $0
2014 $1,719 $127,367 $0 $0
Source: Public Records

Map

Florida Bay County Panama City 32408

406 Otto Ln, Panama City, FL

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