NOT LISTED FOR SALE

4508 Brook Forest Dr Panama City, FL 32404

Estimated Value: $303,000 - $340,105

3 Beds
2 Baths
1,974 Sq Ft
$164/Sq Ft Est. Value

Last Sold October 17, 2023

Last sale price $290,000 $147 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,900/month

25 Days on Market

Highlights

  • Property fronts a bayou
  • Traditional Architecture
  • Home Office
  • A. Crawford Mosley High School Rated A-
  • No HOA
  • Living Room

About This Home

As of October 2023

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Are you looking for your chance to get waterfront access property at a bargain on Mill Bayou? Look no further. This well kept 3 bedroom, 2 bath is ready for a new owner! This home has a beautiful open living area with a wood burning fireplace set in stone that extends up to the wood accented second floor ceilings. Laminate flooring and tile flooring throughout first floor and beautiful wood stairs Beautiful oversized bedroom loft overlooks the first floor living room. Bonus room on first floor could be a 4th bedroom, office, family room or converted to master on main suite. No need to worry about power outages with a whole house Generac generator installed 2/2021. It also has a dock to the water (built in 1996) that could be brought back to life (see 4th picture for where old dock is on property) and used to access the bay with small craft. This house has been structurally very well maintained, with a new permitted roof done less than 2 years ago, a brand new hot water heater just installed a few weeks ago, and HVAC system replaced a year and a half ago. Windows were replaced throughout about 10 years ago. Appliances are stainless steel and Bosch dishwasher was installed just 1.5 years ago. All other kitchen appliances are 2 years old. Pump on artesian well was recently replaced. Septic drain field was replaced November 2005. While the property appraiser site has the acreage listed at .279, this is because they took an average based on road frontage. Owner feels that this is way off and the actual lot size is close to .60 acre. A land survey is strongly advised to confirm. Gas tank is for generator purposes only. There is so much potential in this property to cosmetically overhaul this home while you live in it and make it the waterfront property of your dreams! Large detached garage, small ''lawn mower'' garage and storage shed. Ask your agent to show you the $1353/yr flood insurance quote posted on the listing.

Last Agent to Sell the Property

Andrea Owens

Dalton Wade Inc Listed on: 08/18/2023

Dalton Wade Inc

Last Buyer's Agent

Laina Dillman

Lifes A Beach Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,502

Year Built

  • Built in 1984

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 115x106
  • Property fronts a bayou
  • Irregular Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,974 Sq Ft Home
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Home Office

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Deer Point Elementary School
  • Merritt Brown Middle School
  • Mosley High School

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Brook Forest U 1 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,502

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Detached
  • Lot Size Acres: 0.48
  • Lot Size: 115x106
  • Subdivision Name: Brook Forest U-1
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1974.0
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Foyer, Kitchen, Laundry, Living Room, Primary Bathroom, Office
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront Features: Bayou
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Garage: Yes

Utilities

  • Utilities: Septic Available
  • Sewer: Septic Tank

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Merritt Brown

Lot Info

  • Lot Features: Irregular Lot
  • Lot Size Sq Ft: 20909.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1502.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Deer Point
  • High School: Mosley

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

Property History

Date Event Price Change Sq Ft Price
10/17/2023 10/17/23 Sold $290,000 -3.3% $147 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
09/01/2023 09/01/23 Price Changed $299,999 -7.7% $152 / Sq Ft
08/18/2023 08/18/23 For Sale $324,999 -- $165 / 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 $1,675 $246,802 $45,046 $201,756
2023 $1,675 $169,631 $0 $0
2022 $1,502 $164,690 $0 $0
2021 $1,399 $151,949 $0 $0
2020 $1,389 $149,851 $29,034 $120,817
2019 $1,408 $151,653 $29,034 $122,619
2018 $1,566 $162,778 $0 $0
2017 $1,677 $169,323 $0 $0
2016 $1,695 $167,216 $0 $0
2015 $1,742 $166,054 $0 $0
2014 $1,722 $164,736 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 745418

Central Panhandle Association of REALTORS®

APN: 11514-031-000