NOT LISTED FOR SALE

409 S Palo Alto Ave Panama City, FL 32401

Estimated Value: $267,000 - $323,000

3 Beds
2 Baths
1,250 Sq Ft
$233/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $214,900 $172 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,882/month

Highlights

  • Multiple cooling system units
  • Ceiling Fan
  • 1-Story Property
  • Central Heating

About This Home

As of April 2021

OPEN House Sunday 3-7-21 from 1- 4PM. Hurry and come and see this beautifully restored and updated Cove classic home. This home has a updated kitchen and Master Bathroom, both feature Granite counter tops. All of the Floors have been beautifully restored in original Oak Hardwood floors. New Metal Roof Installed. Also,there is a huge screened in back porch where you can enjoy amazing sunsets each day. Also there is a charming front porch, where you can sit and relax and get to know your friendly neighbors in the community. Hurry, this one won't last long. Home is Vacant, so its easy to see.

Last Agent to Rent the Property

Commander Rentals

CENTURY 21 Commander Realty License #SL3220669 Listed on: 04/16/2021

CENTURY 21 Commander Realty

Last Renter's Agent

Commander Rentals

CENTURY 21 Commander Realty License #SL3220669 Listed on: 04/16/2021

CENTURY 21 Commander Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,603

Year Built

  • Built in 1947

Lot Details

  • 10,498

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating

Listing and Financial Details

  • Security Deposit $1,795
  • Property Available on 4/5/21
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,603

Year Built

Built in 1947

Lot Details

0

Rental Info

  • Lease Amount: 1795.0
  • Security Deposit: 1795.0
  • Lease Term: 12 Months
  • Available Date: 2021-04-05

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1947
  • Property Sub Type: Detached
  • Subdivision Name: [No Recorded Subdiv]
  • 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: Dishwasher, Free-Standing Refrigerator, Gas Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1250.0

Utilities

  • Cooling: Ceiling Fan(s), Multi Units
  • 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

Closed on
Jul 11, 2024
Sold by
Farkas Gina Spann and Gina Spann Farkas Trust
Bought by
Stellarae Llc
Current Estimated Value
$290,889

Purchase Details

Listed on
Apr 16, 2021
Closed on
Mar 29, 2021
Sold by
Capco Investments Llc
Bought by
Farkas Gina Spann and Gina Spann Farkas Trust
Seller's Agent
Commander Rentals
CENTURY 21 Commander Realty
Buyer's Agent
Commander Rentals
CENTURY 21 Commander Realty
Sold Price
$1,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%

Purchase Details

Closed on
Oct 22, 2019
Sold by
Coletta Carol and Clark Rex Garland
Bought by
Capco Investments Llc

Purchase Details

Listed on
Nov 2, 2016
Closed on
Dec 23, 2016
Sold by
Smith Anthony and Reyes Paula
Bought by
Coletta Carol
Seller's Agent
Paula Reyes
Bright Realty Solutions
Buyer's Agent
Scott Ingraham
RE/MAX Real Estate Center
List Price
$159,000
Sold Price
$153,000
Premium/Discount to List
-$6,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$156,289
Interest Rate
3.57%
Mortgage Type
VA

Purchase Details

Closed on
May 1, 2016
Bought by
Coletta Carol

Purchase Details

Closed on
Nov 30, 2000
Sold by
Arthur Scott Scott Marion N
Bought by
Cahall Theodore L and Cahall Felicia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,949
Interest Rate
7.82%
Mortgage Type
FHA
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
Stellarae Llc $100 None Listed On Document
Farkas Gina Spann $214,900 None Available
Capco Investments Llc $102,500 First American Title Ins Co
Coletta Carol $153,000 Mti Title Insurance Agency I
Coletta Carol $75,100 --
Cahall Theodore L $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coletta Carol $156,289
Previous Owner Cahall Theodore L $146,631
Previous Owner Cahall Theodore L $111,202
Previous Owner Cahall Theodore L $4,000
Previous Owner Cahall Theodore L $80,700
Previous Owner Cahall Theodore L $74,949
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Off Market $214,900 -- --
06/20/2022 06/20/22 Off Market $1,795 -- --
06/20/2022 06/20/22 Off Market $153,000 -- --
04/19/2021 04/19/21 Rented $1,795 0.0% --
04/16/2021 04/16/21 For Rent $1,795 0.0% --
03/30/2021 03/30/21 Sold $214,900 0.0% $172 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $214,900 +40.5% $172 / Sq Ft
12/23/2016 12/23/16 Sold $153,000 -3.8% $105 / Sq Ft
11/08/2016 11/08/16 Pending -- -- --
11/02/2016 11/02/16 For Sale $159,000 -- $110 / 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 $3,603 $219,227 -- --
2023 $3,603 $199,297 $46,525 $152,772
2022 $3,006 $181,370 $41,160 $140,210
2021 $1,663 $89,877 $39,984 $49,893
2020 $1,673 $88,122 $39,322 $48,800
2019 $1,580 $97,770 $37,852 $59,918
2018 $1,397 $132,144 $0 $0
2017 $1,391 $132,255 $0 $0
2016 $1,514 $98,740 $0 $0
2015 $885 $95,682 $0 $0
2014 $876 $95,501 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 710392

Central Panhandle Association of REALTORS®

APN: 21551-000-000