NOT LISTED FOR SALE

502 Gainous Rd Panama City Beach, FL 32413

Estimated Value: $192,565 - $210,000

0.45 Acre
$447,296 Price per Acre
19,602 Sq Ft Lot

Last Sold October 04, 2024

Last sale price $199,000

Est. 1% increase in value since last sale

Current estimated payment $1,172/month

5 Days on Market

About This Lot

As of October 2024

Gorgeous trees adorn this cleared, shady lot on the desirable West End of Panama City Beach! Very popular area, close to shopping, restaurants, and more. Nice and peaceful, just a short ride from Pier Park and the white sands of the Gulf of Mexico! This partially fenced lot is just waiting for you to build your dream home with water, electric, and septic on site. Owner states that it is zoned for two homes but if rezoned, it could have four homes. Don't miss this amazing opportunity! Please verify all measurements and information.

Last Agent to Sell the Property

Sherry Young

Sarah Ruth Young Realty License #BK3375382 Listed on: 09/18/2024

Co-Listed By

Sarah Young

Sarah Ruth Young Realty License #3100412

Last Buyer's Agent

Kelli White Garrett

CENTURY 21 Commander Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,368

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 150x130

Schools

  • West Bay Elementary School
  • Surfside Middle School
  • Arnold High School

Community Details

  • No Home Owners Association
  • Westwood Beach Estates Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,368

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.45
  • Lot Size: 150x130
  • Co List Office Mls Id: BSRY
  • Co List Office Phone: (850) 896-5945
  • Subdivision Name: Westwood Beach Estates
  • ResoPropertyType: Land
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 19471.0

MLS Schools

  • Elementary School: West Bay
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Oct 4, 2024
Sold by
Burch Charles W
Bought by
Red Door Gulf Coast Llc
Seller's Agent
Sherry Young
Sarah Ruth Young Realty
Buyer's Agent
Kelli White Garrett
CENTURY 21 Commander Realty
List Price
$190,000
Sold Price
$199,000
Premium/Discount to List
$9,000
4.74%
Views
3
Current Estimated Value
$201,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,283
Avg. Annual Appreciation
1.08%

Purchase Details

Closed on
Apr 5, 2018
Sold by
Stahl James R and Burch Charles W
Bought by
Burch Charles W

Purchase Details

Closed on
Dec 2, 2016
Sold by
Gleason William Henry and Gleason Paula Helen
Bought by
Stahl James R and Burch Charles W

Purchase Details

Closed on
Oct 3, 2016
Sold by
Maulden James W
Bought by
Gleason William H and Adams Paula Helen

Purchase Details

Closed on
Oct 1, 2016
Bought by
Stahl James R

Purchase Details

Closed on
Aug 1, 2016
Bought by
Stahl James R

Purchase Details

Closed on
Aug 16, 2004
Sold by
Maulden James W and Bower Jerrie
Bought by
Gleason William Henry and Adams Paula Helen
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
Red Door Gulf Coast Llc $199,000 None Listed On Document
Red Door Gulf Coast Llc $199,000 None Listed On Document
Burch Charles W $26,500 Attorney
Stahl James R $55,000 Blue Title Llc
Gleason William H -- None Available
Stahl James R $100 --
Stahl James R -- --
Gleason William Henry -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2024 10/04/24 Sold $199,000 +4.7% --
09/23/2024 09/23/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $190,000 -- --
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 $1,368 $104,760 -- --
2023 $1,368 $95,236 $127,618 $0
2022 $1,176 $86,578 $0 $0
2021 $1,040 $78,707 $0 $0
2020 $986 $90,950 $90,950 $0
2019 $2,399 $83,300 $83,300 $0
2018 $2,377 $59,134 $0 $0
2017 $2,166 $53,758 $0 $0
2016 $2,050 $78,013 $0 $0
2015 $2,064 $77,471 $0 $0
2014 $566 $76,856 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 762995

Central Panhandle Association of REALTORS®

APN: 35968-680-000