NOT LISTED FOR SALE

501 Bainbridge St Panama City Beach, FL 32413

Estimated Value: $506,677 - $537,000

3 Beds
2 Baths
1,993 Sq Ft
$265/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $499,000 $250 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,358/month

7 Days on Market

Highlights

  • Newly Painted Property
  • Traditional Architecture
  • Corner Lot
  • J.R. Arnold High School Rated A-
  • Bonus Room
  • Screened Porch

About This Home

As of January 2023

Look no further! This 3 bedroom, 2 bathroom with 2 car garage is less than a mile from one of the most beautiful beaches in the world! This highly sought after home in Palmetto Trace is situated on a corner lot with an open and split floor perfect for entertaining. There is an office/bonus room that could also be used as a 4th bedroom. The kitchen is fitted with BRAND New Samsung smart appliances, hardwood cabinets and granite countertops. Huge master bedroom/bathroom is newly and beautifully renovated with a custom shower, separate bathtub and double vanities. Fresh interior/exterior paint, new carpet in bedrooms, new blinds and an amazing oversized enclosed porch that has brand new tile. Prime location in the neighborhood near rear pool and entrance to Pier Park and Frank Brown Park.

Last Agent to Sell the Property

Jonathan Minerick

HomeCoin.com License #BK3477996 Listed on: 07/04/2022

Last Buyer's Agent

Jeremy Guldin

Beachy Beach Real Estate License #SL3500017

Beachy Beach Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,294

Year Built

  • Built in 2005

Lot Details

  • 8,817 Sq Ft Lot
  • Lot Dimensions are 100x86
  • Fenced
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $73 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Newly Painted Property
  • Stucco

Interior Spaces

  • 1,993 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Bonus Room
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Screened Patio

Schools

  • Hutchison Beach Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 349

Community Details

Overview

  • Association fees include pool(s)
  • Burg Management Association
  • Palmetto Trace Phase Iii Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,294

Year Built

Built in 2005

Lot Details

0

HOA Fees

$73 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Detached
  • Lot Size Acres: 0.2
  • Lot Size: 100x86
  • Subdivision Name: Palmetto Trace Phase III
  • Architectural Style: Traditional
  • Efficiency: Appliances
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, ENERGY STAR Qualified Appliances, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Kitchen Island, New Paint, Pantry, Recessed Lighting
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1993.0
  • Dining Room Type: Bonus Room, Bedroom, Living Room, Primary Bedroom, Screened Porch
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community
  • Fencing: Fenced
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Exterior Features: Sprinkler/Irrigation, Patio, Storm/Security Shutters
  • Patio And Porch Features: Covered, Porch, Screened

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 218.0
  • Community Features: Other, Pool, See Remarks, Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Quarterly
  • Association Name: Burg Management
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Pool(s)

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 8817.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2294.4
  • Tax Lot: 349
  • Tax Year: 2021

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2022
Closed on
Jan 30, 2023
Sold by
Nealey Troy and Nealey Shannon
Bought by
Storey Thomas Michael and Storey Deltina
Seller's Agent
Jonathan Minerick
HomeCoin.com
Buyer's Agent
Jeremy Guldin
Beachy Beach Real Estate
List Price
$499,000
Sold Price
$499,000
Views
7
Current Estimated Value
$527,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,169
Avg. Annual Appreciation
0.74%

Purchase Details

Listed on
Jul 2, 2021
Closed on
Jan 5, 2022
Sold by
Anthony Tull Sr Joseph
Bought by
Tull Trent Ashley and Nealey Shannon
Seller's Agent
Carrie Redd
Beachy Beach Real Estate
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.54%
Original Mortgage
$364,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2010
Sold by
Settle J Michael and Settle Susan Johnson
Bought by
Tull Joseph Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,500
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 5, 2005
Sold by
St Joe Home Building Lp
Bought by
Settle J Michael and Settle Susan Johnson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,500
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
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
Storey Thomas Michael $499,000 Synergy Title
Tull Trent Ashley $405,000 Setco Services Llc
Tull Joseph Anthony $230,000 None Available
Settle J Michael $287,300 Residential Cmnty Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tull Trent Ashley $364,500
Previous Owner Tull Joseph Anthony $203,500
Previous Owner Settle James M $273,750
Previous Owner Settle J Michael $258,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $499,000 0.0% $250 / Sq Ft
01/22/2023 01/22/23 Off Market $499,000 -- --
07/13/2022 07/13/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $499,000 +23.2% $250 / Sq Ft
06/20/2022 06/20/22 Off Market $405,000 -- --
01/06/2022 01/06/22 Sold $405,000 -2.4% $203 / Sq Ft
10/05/2021 10/05/21 For Sale $415,000 +2.5% $208 / Sq Ft
09/24/2021 09/24/21 Off Market $405,000 -- --
07/22/2021 07/22/21 Price Changed $410,000 -2.1% $206 / Sq Ft
07/12/2021 07/12/21 Price Changed $419,000 -1.4% $210 / Sq Ft
07/02/2021 07/02/21 For Sale $425,000 -- $213 / 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 $4,938 $433,048 $98,168 $334,880
2023 $4,938 $398,921 $82,030 $316,891
2022 $4,059 $356,522 $75,666 $280,856
2021 $2,390 $227,761 $0 $0
2020 $2,317 $224,616 $0 $0
2019 $2,262 $219,566 $0 $0
2018 $2,252 $215,472 $0 $0
2017 $2,023 $211,040 $0 $0
2016 $2,047 $212,913 $0 $0
2015 $2,143 $215,135 $0 $0
2014 $2,179 $218,474 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Minerick

    Seller's Agent in 2023

    Jonathan Minerick

    HomeCoin.com

    (888) 400-2513

    8 in this area

    6,665 Total Sales

    Section Image
  • Jeremy Guldin

    Buyer's Agent in 2023

    Jeremy Guldin

    Beachy Beach Real Estate

    (850) 290-3811

    3 in this area

    5 Total Sales

    Section Image
  • Carrie Redd

    Seller's Agent in 2022

    Carrie Redd

    Beachy Beach Real Estate

    (850) 866-6410

    22 in this area

    75 Total Sales

    Section Image

  • S

    Seller Co-Listing Agent in 2022

    Stephanie Frimet

    Beachy Beach Real Estate

    (850) 814-3781

    23 in this area

    75 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    NON-MEMBER OFFICE

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 729048

Central Panhandle Association of REALTORS®

APN: 32738-980-172

Florida Bay County Panama City Beach 32413

501 Bainbridge St, Panama City Beach, FL

This home is located at 501 Bainbridge St, Panama City Beach, FL 32413 since 04 July 2022 and is currently estimated at $527,169, approximately $264 per square foot. This property was built in 2005. 501 Bainbridge St is a home located in Bay County with nearby schools including J.R. Arnold High School, Hutchison Beach Elementary School, and Surfside Middle 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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