NOT LISTED FOR SALE

502 Petrel St Panama City Beach, FL 32413

Estimated Value: $460,000 - $1,069,000

2 Beds
1 Bath
696 Sq Ft
$1,275/Sq Ft Est. Value

Last Sold April 22, 2013

Last sale price $145,000 $208 Per Sq Ft

Est. 512% increase in value since last sale

Current estimated payment $5,101/month

404 Days on Market

Highlights

  • Gulf View
  • Contemporary Architecture
  • Den
  • J.R. Arnold High School Rated A-
  • No HOA
  • Central Heating and Cooling System

About This Home

As of April 2013

Old Style Florida Beach Cottage complete with Knotty Pine ceilings and walls. Large 60-150 lot in the Original Dedicated Section of Bid a Wee Dedicated Beach. Over 2200' for your enjoyment. Unobstructed views with no motels or condo's.The Land is valued at over $124,000.00.Excellent opportunity to enjoy , add on to it or completely Re Build.Multi Family zoning allows for 3 story Duplex is desired. Covered Parking too !Well and Sprinkler System

Last Agent to Sell the Property

Lawrence Hand

Berkshire Hathaway Home Services Beach Properties of Florida License #3064834 Listed on: 03/01/2012

Last Buyer's Agent

Ward Scott

Prudential Shimmering Sands

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,217

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 60x150
  • Zoning described as City,Resid Multi-Family

Parking

  • Carport

Home Design

  • Contemporary Architecture

Interior Spaces

  • 696 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Den
  • Gulf Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well

Community Details

  • No Home Owners Association
  • Bid A Wee Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,217

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Property Sub Type: Detached
  • Lot Size: 60X150
  • Road Frontage Type: City Street
  • Subdivision Name: Bid-A-Wee
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 696.0
  • Dining Room Type: Bedroom, Den, Dining Room, Full Bath, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • View: Gulf
  • View: Yes

Garage/Parking

  • Parking Features: Carport

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
  • Cooling: Central Air, Electric
  • Heating: Central, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: City,Resid Multi-Family

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2012
Closed on
Apr 22, 2013
Sold by
Bailey Esco James Michael and Bailey Esco Carol
Bought by
Rice Donald E and Rice Mary Ellen
Seller's Agent
Lawrence Hand
Berkshire Hathaway Home Services Beach Properties of Florida
Buyer's Agent
Ward Scott
Prudential Shimmering Sands
List Price
$179,900
Sold Price
$145,000
Premium/Discount to List
-$34,900
-19.4%
Current Estimated Value
$887,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$742,079
Avg. Annual Appreciation
15.57%

Purchase Details

Closed on
Jun 11, 2001
Sold by
Noble Ralph F and Noble Mary B
Bought by
Bailey Esco James Michael and Bailey Esco Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.87%
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
Rice Donald E $145,000 Diamond Title Agency Inc
Bailey Esco James Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bailey Esco James Michael $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2022 06/20/22 Off Market $145,000 -- --
04/22/2013 04/22/13 Sold $145,000 -19.4% $208 / Sq Ft
04/09/2013 04/09/13 Pending -- -- --
03/01/2012 03/01/12 For Sale $179,900 -- $258 / 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 $5,217 $454,288 -- --
2023 $5,217 $441,056 $0 $0
2022 $4,702 $428,210 $0 $0
2021 $4,648 $415,738 $0 $0
2020 $4,340 $409,998 $0 $0
2019 $1,236 $101,474 $101,474 $0
2018 $1,243 $98,861 $0 $0
2017 $1,364 $114,384 $0 $0
2016 $1,350 $114,597 $0 $0
2015 $1,409 $116,079 $0 $0
2014 $1,491 $123,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lawrence Hand

    Berkshire Hathaway Home Services Beach Properties of Florida

  • W

    Buyer's Agent in 2013

    Ward Scott

    Prudential Shimmering Sands

  • P

    Buyer Co-Listing Agent in 2013

    PJ Scott

    Prudential Shimmering Sands

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 504254

Central Panhandle Association of REALTORS®

APN: 34740-000-000

Florida Bay County Panama City Beach 32413

502 Petrel St, Panama City Beach, 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.

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