NOT LISTED FOR SALE

4805 Lake Dr Panama City, FL 32404

Estimated Value: $318,000 - $347,000

3 Beds
2 Baths
1,921 Sq Ft
$174/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $306,000 $159 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,108/month

4 Days on Market

Highlights

  • In Ground Pool
  • Newly Painted Property
  • Attic
  • Electric Gate
  • Florida Architecture
  • Bonus Room

About This Home

As of March 2022

POOL, WHOLE HOUSE GENERATOR, SOLAR PANELS - This three-bedroom two bath pool home sits on a double corner lot. It has a metal roof, security system with exterior cameras and, due to the solar system and two natural gas tankless hot water heaters, has very low electricity costs. The pool is surrounded by a brick paver patio complete with an outdoor shower. The back yard is completely fenced, includes a 24' x 28' detached garage/workshop, automatic driveway gate and is landscaped with orange, grapefruit and lemon trees. The generator has just been serviced and is ready for that unexpected power outage. The home has a bonus room just off of the kitchen and another room just off the master bedroom that can easily serve as a nursery, private office or personal gym.

Last Agent to Sell the Property

Rusty Russell

Anchor Realty Florida License #3287175 Listed on: 02/26/2022

Last Buyer's Agent

Candi Miles

Beachy Beach Real Estate License #SL3434249

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,651

Year Built

  • Built in 1958

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 138 x 50
  • Fenced
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Electric Gate

Home Design

  • Florida Architecture
  • Newly Painted Property
  • Metal Roof

Interior Spaces

  • 1,921 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Pull Down Stairs to Attic

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower

Schools

  • Parker Elementary School
  • Rutherford Middle School
  • Rutherford High School

Utilities

  • Central Air
  • Well
  • Tankless Water Heater

Additional Features

  • Solar Water Heater
  • Patio

Community Details

  • No Home Owners Association
  • Lake Drive Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,651

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Property Sub Type: Detached
  • Lot Size Acres: 0.47
  • Lot Size: 138 x 50
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Lake Drive Heights
  • Architectural Style: Florida
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Cooktop, Gas Range, Microwave, Refrigerator, Range Hood, Solar Hot Water, Tankless Water Heater, Washer
  • Interior Amenities: Attic, New Paint, Pull Down Attic Stairs
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1921.0
  • Dining Room Type: Bedroom, Dining Room, Garage, Kitchen, Laundry, Living Room, Primary Bedroom, Office, Bonus Room
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: In Ground, Pool
  • Fencing: Fenced
  • Waterfront: No
  • Construction Type: Block
  • Exterior Features: Outdoor Shower, Patio
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Driveway, Detached, Electric Gate, Garage, Garage Door Opener, Gated
  • Garage: Yes
  • Attached Garage: No

Utilities

  • Utilities: Water Available, Water Connected
  • Security Features: Closed Circuit Camera(s), Smoke Detector(s), Security System
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Rutherford Middle

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 20691.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1651.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Parker
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2022
Closed on
Mar 16, 2022
Sold by
Nowell Bobby L
Bought by
Alexis Sandy
Seller's Agent
Rusty Russell
Anchor Realty Florida
Buyer's Agent
Candi Miles
Beachy Beach Real Estate
List Price
$307,000
Sold Price
$306,000
Premium/Discount to List
-$1,000
-0.33%
Current Estimated Value
$334,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,369
Avg. Annual Appreciation
2.45%

Purchase Details

Listed on
Sep 2, 2019
Closed on
Oct 4, 2019
Sold by
Pencak Stephanie Lynn
Bought by
Nowell Bobby L
Seller's Agent
Rusty Russell
Anchor Realty Florida
Buyer's Agent
Di Gunn
CENTURY 21 Commander Realty
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.37%
Original Mortgage
$229,837
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Listed on
Sep 2, 2019
Closed on
Aug 26, 2019
Sold by
Pencak Raymond J
Bought by
Pencak Stephanie Lynn
Seller's Agent
Rusty Russell
Anchor Realty Florida
Buyer's Agent
Di Gunn
CENTURY 21 Commander Realty
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,837
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Listed on
Apr 10, 2019
Closed on
Apr 25, 2019
Sold by
Arnold Lawrence
Bought by
Pencack Raymond J and Pencack Stephanie L
Seller's Agent
Michele Morros
Keller Williams Success Realty
Buyer's Agent
Rusty Russell
Coldwell Banker Carroll Realty
List Price
$224,900
Sold Price
$224,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.10%

Purchase Details

Listed on
Jul 21, 2012
Closed on
Sep 25, 2012
Sold by
Richter Theodore M and Richter Cecelia
Bought by
Arnold Lawrence
Seller's Agent
Diane Rushing
Anchor Realty Florida
Buyer's Agent
Kathryn Miller
Prudential Shimmering Sands
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.44%
Original Mortgage
$144,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2004
Sold by
Sandyrich Llc
Bought by
Richter Theodore M and Richter Cecelia

Purchase Details

Closed on
Dec 1, 2003
Sold by
Iwaszko Richard J
Bought by
Sandy Rich Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving
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
Alexis Sandy $306,000 New Title Company Name
Nowell Bobby L $225,000 Mti Title Insurance Agcy Inc
Pencak Stephanie Lynn -- None Available
Pencack Raymond J $224,900 Cornerstone Title Agency Inc
Arnold Lawrence $180,000 Florida Land Title Llc
Richter Theodore M $128,000 Diamond Title Agency Inc
Sandy Rich Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nowell Bobby L $234,768
Previous Owner Nowell Bobby L $229,837
Previous Owner Arnold Lawrence $144,000
Previous Owner Richter Theodore M $140,000
Previous Owner Richter Theodore M $60,000
Previous Owner Richter Theodore M $50,000
Previous Owner Iwaszko Richard $80,000
Previous Owner Iwaszko Richard $55,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Off Market $306,000 -- --
07/05/2022 07/05/22 Off Market $225,000 -- --
06/20/2022 06/20/22 Off Market $180,000 -- --
06/20/2022 06/20/22 Off Market $224,900 -- --
03/16/2022 03/16/22 Sold $306,000 -0.3% $159 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/26/2022 02/26/22 For Sale $307,000 +36.4% $160 / Sq Ft
10/04/2019 10/04/19 Sold $225,000 0.0% $117 / Sq Ft
09/07/2019 09/07/19 Pending -- -- --
09/02/2019 09/02/19 For Sale $225,000 0.0% $117 / Sq Ft
04/26/2019 04/26/19 Sold $224,900 0.0% $113 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $224,900 +24.9% $113 / Sq Ft
09/26/2012 09/26/12 Sold $180,000 -5.2% $90 / Sq Ft
08/17/2012 08/17/12 Pending -- -- --
07/21/2012 07/21/12 For Sale $189,900 -- $95 / 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 -- $264,208 -- --
2023 -- $256,513 $43,332 $213,181
2022 $2,204 $216,751 $37,260 $179,491
2021 $1,651 $193,110 $0 $0
2020 $1,643 $190,444 $30,774 $159,670
2019 $1,452 $136,781 $29,394 $107,387
2018 $1,583 $146,691 $0 $0
2017 $1,621 $147,197 $0 $0
2016 $1,691 $148,807 $0 $0
2015 $1,349 $149,727 $0 $0
2014 $1,366 $151,337 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 722917

Central Panhandle Association of REALTORS®

APN: 25301-000-000