NOT LISTED FOR SALE

503 Palermo Rd Panama City, FL 32405

Estimated Value: $186,000 - $202,000

3 Beds
2.5 Baths
1,401 Sq Ft
$139/Sq Ft Est. Value

Last Sold July 06, 2016

Last sale price $85,000 $61 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,124/month

4 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Breakfast Bar
  • A. Crawford Mosley High School Rated A-
  • Interior Lot
  • Living Room

About This Home

As of July 2016

Amazing 3bd 2.5ba townhome in Venetian Villa. This home was completely remodeled six months ago with new kitchen cabinets, new countertops, new fans and light fixtures, new stainless steel appliances, new porcelain tile, and a new water heater. If you're dream is to own a beautiful home with square footage in a nice neighborhood and don't want to break the bank, then look no further. This is a great house at a great price. The market is heating up and this one definately will not last long. Come see it today!!!

Last Agent to Sell the Property

Kelli Garrett

CENTURY 21 Commander Realty License #3139918 Listed on: 04/20/2016

CENTURY 21 Commander Realty

Last Buyer's Agent

Jennifer Benton

Coldwell Banker Carroll Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $566

Year Built

  • Built in 1983

Lot Details

  • Lot Dimensions are 22x161
  • Fenced
  • Sprinkler System
  • Cleared Lot

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,401 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch

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

$566

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Property Sub Type: Attached
  • Lot Size: 22X161
  • Road Surface Type: Paved
  • Subdivision Name: Venetian Villa
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Townhouse
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Interior Amenities: Breakfast Bar
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1401.0
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Half Bath, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Fenced, Privacy
  • Construction Type: Vinyl Siding
  • Exterior Features: Sprinkler/Irrigation, Porch
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Trash Collection, Water Connected
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Mowat

Lot Info

  • Lot Features: Cleared, Interior Lot
  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 566.0
  • Tax Year: 2015

MLS Schools

  • Elementary School: Northside
  • High School: Mosley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2016
Closed on
Jul 6, 2016
Sold by
Barker Teresa Michelle and Barker Kyle D
Bought by
El-Far Kaothar
Seller's Agent
Kelli Garrett
CENTURY 21 Commander Realty
Buyer's Agent
Jennifer Benton
Coldwell Banker Carroll Realty
List Price
$109,900
Sold Price
$85,000
Premium/Discount to List
-$24,900
-22.66%
Current Estimated Value
$194,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,710
Avg. Annual Appreciation
10.00%
Original Mortgage
$86,827
Outstanding Balance
$70,284
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$132,868

Purchase Details

Closed on
Mar 22, 2013
Sold by
Property Solutions United Inc
Bought by
Johnson Teresa Michelle

Purchase Details

Listed on
Oct 19, 2012
Closed on
Dec 14, 2012
Sold by
Property Solutions United Inc
Bought by
Johnson Teresa Michelle
Seller's Agent
Kristi Nye
AMERICAN REALTY of Bay Co, Inc
Buyer's Agent
Jennifer Bowman
Prudential Shimmering Sands
List Price
$79,800
Sold Price
$72,500
Premium/Discount to List
-$7,300
-9.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$67,531
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Property Solutions United Inc

Purchase Details

Closed on
Jan 26, 2011
Sold by
Ezzell James Adam and Ezzell Terri Davis
Bought by
Deutsche Bank National Trust Company
Source: Public Records

Range of Values:

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Average Value
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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
El-Far Kaothar $85,000 None Available
Johnson Teresa Michelle $72,500 Mti Title Ins Agency Inc
Johnson Teresa Michelle $72,500 Mti Title Ins Agency Inc
Property Solutions United Inc $35,000 None Available
Deutsche Bank National Trust Company -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open El-Far Kaothar $86,827
Previous Owner Johnson Teresa Michelle $67,531
Previous Owner Property Solutions United Inc $100,000
Previous Owner Ezzell James Adam $140,300
Previous Owner Ezzell James Adam $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Off Market $72,500 -- --
06/20/2022 06/20/22 Off Market $85,000 -- --
07/06/2016 07/06/16 Sold $85,000 -22.7% $61 / Sq Ft
04/24/2016 04/24/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $109,900 +51.6% $78 / Sq Ft
12/14/2012 12/14/12 Sold $72,500 -9.1% $52 / Sq Ft
12/14/2012 12/14/12 Pending -- -- --
10/19/2012 10/19/12 For Sale $79,800 -- $57 / 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 $755 $76,560 -- --
2023 $755 $74,330 $0 $0
2022 $726 $59,652 $0 $0
2021 $719 $57,915 $0 $0
2020 $703 $57,115 $0 $0
2019 $439 $55,831 $11,887 $43,944
2018 $507 $70,953 $0 $0
2017 $508 $71,093 $0 $0
2016 $1,144 $74,607 $0 $0
2015 $566 $74,906 $0 $0
2014 $569 $75,366 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelli Garrett

    Seller's Agent in 2016

    Kelli Garrett

    CENTURY 21 Commander Realty

    (850) 819-6423

    172 Total Sales

    Kelli Garrett
    Section Image

  • J

    Buyer's Agent in 2016

    Jennifer Benton

    Coldwell Banker Carroll Realty

  • J

    Buyer's Agent in 2016

    Jennifer Parramore

    Counts Real Estate Group

  • K

    Seller's Agent in 2012

    Kristi Nye

    AMERICAN REALTY of Bay Co, Inc

  • J

    Buyer's Agent in 2012

    Jennifer Bowman

    Prudential Shimmering Sands

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 645289

Central Panhandle Association of REALTORS®

APN: 11677-157-000

Florida Bay County Panama City 32405

503 Palermo Rd, Panama City, FL

This home is located at 503 Palermo Rd, Panama City, FL 32405 since 20 April 2016 and is currently estimated at $194,710, approximately $138 per square foot. This property was built in 1983. 503 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.

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