NOT LISTED FOR SALE

501 Palermo Rd Panama City, FL 32405

Estimated Value: $208,000 - $219,000

3 Beds
2.5 Baths
1,401 Sq Ft
$153/Sq Ft Est. Value

Last Sold September 11, 2023

Last sale price $172,500 $123 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,303/month

43 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Storage
  • A. Crawford Mosley High School Rated A-
  • Cul-De-Sac
  • Central Heating and Cooling System

About This Home

As of September 2023

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERSPerfect starter home or income producing investment. This home has 3 bedrooms 2.5 bathrooms large rooms and recently updated with new flooring and paint. Out back it has a fenced yard that is great for kids or pets.

Last Agent to Sell the Property

Don Janovyak

Emerald Coast Realty Group License #BK0599600 Listed on: 07/18/2023

Last Buyer's Agent

Parker Hakenewert

Keller Williams Success Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,274

Year Built

  • Built in 1983

Lot Details

  • Lot Dimensions are 27x100
  • Cul-De-Sac
  • Fenced
  • Cleared Lot

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,401 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Storage

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Northside Elementary School
  • Mowat Middle School
  • Mosley High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Venetian Villa Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,274

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Property Sub Type: Attached
  • Lot Size: 27X100
  • Subdivision Name: Venetian Villa
  • Structure Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave
  • Interior Amenities: Storage
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1401.0
  • Dining Room Type: Bedroom
  • Stories: 2

Exterior Features

  • Fencing: Fenced, Partial
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Driveway
  • Garage: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Mowat

Lot Info

  • Lot Features: Cleared, Corner Lot, Cul-De-Sac
  • Zoning Description: City

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 1274.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Northside
  • High School: Mosley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2024
Sold by
Abdallah Ibrahim M
Bought by
Saydaco Llc
Current Estimated Value
$214,384

Purchase Details

Closed on
Mar 1, 2024
Sold by
Saydaco Llc
Bought by
Abdallah Ibrahim

Purchase Details

Listed on
Jul 18, 2023
Closed on
Sep 7, 2023
Sold by
Whaley Albert and Whaley Lynette J
Bought by
Saydaco Llc
Seller's Agent
Don Janovyak
Emerald Coast Realty Group
Buyer's Agent
Parker Hakenewert
Keller Williams Success Realty
List Price
$199,900
Sold Price
$172,500
Premium/Discount to List
-$27,400
-13.71%
Views
224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%

Purchase Details

Closed on
May 20, 2005
Sold by
Sinicrope Cathy M
Bought by
Whaley Albert and Whaley Lynette J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,750
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2003
Sold by
Wiggins Lisa Werner and Wiggins Thomas Joe
Bought by
Sinicrope Cathy M and Cathy M Sinicrope Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
3%

Purchase Details

Closed on
Apr 27, 2001
Sold by
Holder Dean R and Holder Michelle B
Bought by
Wiggins Thomas Joe and Wiggins Lisa Werner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,250
Interest Rate
6.98%

Purchase Details

Closed on
Feb 15, 2001
Sold by
Burd Roger
Bought by
Holder Dean R and Holder Michelle B
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Saydaco Llc $100 None Listed On Document
Abdallah Ibrahim $100 Ititle Group Llc
Saydaco Llc $172,500 Ititle Group
Whaley Albert $122,500 Diamond Title Agency Inc
Sinicrope Cathy M $66,000 --
Wiggins Thomas Joe $65,000 --
Holder Dean R $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whaley Albert $75,790
Previous Owner Whaley Albert $85,750
Previous Owner Sinicrope Cathy M $66,000
Previous Owner Wiggins Thomas Joe $55,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2023 09/11/23 Sold $172,500 -13.7% $123 / Sq Ft
07/18/2023 07/18/23 For Sale $199,900 -- $143 / 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 $1,620 $149,479 $19,800 $129,679
2023 $1,620 $69,937 $16,000 $93,543
2022 $1,274 $64,199 $0 $0
2021 $1,173 $58,363 $13,000 $45,363
2020 $1,123 $57,977 $11,887 $46,090
2019 $788 $48,757 $11,887 $36,870
2018 $920 $60,774 $0 $0
2017 $918 $61,225 $0 $0
2016 $947 $61,748 $0 $0
2015 $980 $62,157 $0 $0
2014 $981 $62,728 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Don Janovyak

    Seller's Agent in 2023

    Don Janovyak

    Emerald Coast Realty Group

    (850) 866-1999

    81 Total Sales

    Don Janovyak
    Section Image

  • P

    Buyer's Agent in 2023

    Parker Hakenewert

    Keller Williams Success Realty

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 744094

Central Panhandle Association of REALTORS®

APN: 11677-158-000

Florida Bay County Panama City 32405

501 Palermo Rd, Panama City, FL

This home is located at 501 Palermo Rd, Panama City, FL 32405 since 18 July 2023 and is currently estimated at $214,384, approximately $153 per square foot. This property was built in 1983. 501 Palermo Rd is a home located in Bay County with nearby schools including Northside Elementary School, Mowat Middle School, and A. Crawford Mosley High 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.

Nearby Homes