NOT LISTED FOR SALE

503 Bunkers Cove Rd Panama City, FL 32401

Estimated Value: $175,000 - $319,000

0.55 Acre
$465,647 Price per Acre
23,958 Sq Ft Lot

Last Sold March 03, 2022

Last sale price $262,500

Est. 2% decrease in value since last sale

Current estimated payment $1,513/month

322 Days on Market

About This Lot

As of March 2022

Large residential lot located in highly sought after Cove area of Panama City. Perfect place to build your dream home in a community with no HOA.

Last Agent to Sell the Property

Charles Commander

CENTURY 21 Commander Realty License #0642283 Listed on: 02/24/2021

CENTURY 21 Commander Realty

Last Buyer's Agent

Bubba McCants

ERA Neubauer Real Estate, Inc

ERA Neubauer Real Estate, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,463

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 174x158x104x205

Schools

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

Community Details

  • No Home Owners Association
  • Sudduths 3Rd Add Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,463

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.55
  • Lot Size: 174x158x104x205
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Sudduths 3rd Add
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Waterfront: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Size Sq Ft: 23958.0

Tax Info

  • Tax Annual Amount: 1463.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Mar 4, 2022
Sold by
Mfj Investments Ltd
Bought by
Lipschutz Jonathan Edward and Lipschutz Ann
Seller's Agent
Charles Commander
CENTURY 21 Commander Realty
Buyer's Agent
Bubba McCants
ERA Neubauer Real Estate, Inc
List Price
$299,000
Sold Price
$262,500
Premium/Discount to List
-$36,500
-12.21%
Current Estimated Value
$256,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,394
Avg. Annual Appreciation
-0.77%
Original Mortgage
$596
Outstanding Balance
$559
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$254,936

Purchase Details

Closed on
Mar 17, 2004
Sold by
James H B and James Mildred F
Bought by
Harry B James & Mildred F James Ltd

Purchase Details

Closed on
May 25, 2000
Sold by
Davenport Mary L
Bought by
James H B and James Mildred F
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
Lipschutz Jonathan Edward $262,500 None Listed On Document
Harry B James & Mildred F James Ltd $107,600 --
James H B $142,500 Lanco Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipschutz Jonathan Edward $596
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $262,500 -- --
03/03/2022 03/03/22 Sold $262,500 -12.2% --
01/12/2022 01/12/22 Pending -- -- --
02/24/2021 02/24/21 For Sale $299,000 -- --
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 $1,405 $83,277 -- --
2023 $1,405 $75,706 $75,706 $0
2022 $1,474 $84,672 $84,672 $0
2021 $1,466 $82,252 $82,252 $0
2020 $1,463 $80,892 $80,892 $0
2019 $1,259 $77,868 $77,868 $0
2018 $1,168 $77,112 $0 $0
2017 $1,133 $75,600 $0 $0
2016 $1,136 $74,088 $0 $0
2015 $1,094 $69,400 $0 $0
2014 $1,064 $68,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 708846

Central Panhandle Association of REALTORS®

APN: 21059-000-000