NOT LISTED FOR SALE

501 Cherry St Panama City, FL 32401

South Panama City Neighborhood

Estimated Value: $326,000 - $440,000

3 Beds
2.5 Baths
2,400 Sq Ft
$162/Sq Ft Est. Value

Sale Details

Date Sold: May 12, 2020

Last sale price $230,000 $96 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,360 / mo

43 Days on Market

Highlights

  • Traditional Architecture
  • Patio
  • Central Heating and Cooling System
  • No HOA
  • Living Room
  • Dining Room

About This Home

As of May 2020

Come enjoy this large all brick 3 bedroom floor plan offering formal living and dining rooms plus a spacious Family room with a wood burning fireplace. Large corner lot with a short walk to the bay to watch the sun set each day. Ready to occupy, the interior also offers hardwood floors, very large utility/storage room and endless possibilities of a great lifestyle.

Last Agent to Sell the Property

Robbie Hughes

Counts Real Estate Group License #3036117 Listed on: 02/25/2020

Co-Listed By

M. Ashley Crawford

Counts Real Estate Group

Last Buyer's Agent

Robbie Hughes

ARVIDA REALTY SERVICES INC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 14,810 Sq Ft Lot
  • Lot Dimensions are 106 x 140
  • Fenced

Parking

  • Carport

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Fiberglass Roof

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Electric Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Sudduths 2Nd Add Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0.34 Acres

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.34
  • Lot Size: 106 x 140
  • Road Frontage Type: City Street
  • Co List Office Mls Id: BSG2
  • Co List Office Phone: 850-248-3615
  • Subdivision Name: Sudduths 2nd Add
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Gas Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Dining Room Type: Bedroom, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom

Exterior Features

  • Fencing: Fenced, Privacy
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Roof: Fiberglass

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.0

Utilities

  • Utilities: Cable Connected, Electricity Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 14810.0
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

Multi Family

  • Number Of Units Furnished: None

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
May 12, 2020
Sold by
Bought by
Seller's Agent
Robbie Hughes
Counts Real Estate Group
Buyer's Agent
Robbie Hughes
ARVIDA REALTY SERVICES INC
List Price
$239,000
Sold Price
$230,000
Premium/Discount to List
-$9,000
-3.77%
Current Estimated Value
$391,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,940
Avg. Annual Appreciation
8.86%
Original Mortgage
$238,280
Interest Rate
0.033%
Mortgage Type
VA

Purchase Details

Closed on
Feb 28, 2019
Sold by
Bought by

Purchase Details

Closed on
Nov 29, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$230,000 South Oak Ttl Panama City Be
$83,000 Attorney
-- Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $245,264
Closed $238,280
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/20/2022 06/20/22 Off Market $230,000 -- --
05/12/2020 05/12/20 Sold $230,000 -3.8% $96 / Sq Ft
03/07/2020 03/07/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $239,000 -- $100 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,915 $223,233 -- --
2024 $3,062 $216,942 -- --
2023 $3,062 $210,623 $0 $0
2022 $2,904 $204,488 $0 $0
2021 $2,893 $198,532 $52,459 $146,073
2020 $3,581 $210,859 $50,901 $159,958
2019 $1,646 $101,815 $48,823 $52,992
2018 $0 $151,120 $0 $0
2017 $0 $150,900 $0 $0
2016 -- $150,159 $0 $0
2015 -- $147,965 $0 $0
2014 -- $148,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Robbie Hughes

    Counts Real Estate Group

  • M

    Seller Co-Listing Agent in 2020

    M. Ashley Crawford

    Counts Real Estate Group

    (850) 248-3615

    1 in this area

    11 Total Sales

    M. Ashley Crawford
    Section Image
See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 693270

Central Panhandle Association of REALTORS®

APN: 20822-000-000

Florida Bay County Panama City 32401 South Panama City

501 Cherry St, Panama City, FL

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.