NOT LISTED FOR SALE

503 Springfield Ave Panama City, FL 32401

Springfield Area

Estimated Value: $184,000 - $247,460

2 Beds
3.5 Baths
1,728 Sq Ft
$124/Sq Ft Est. Value

Sale Details

Date Sold: May 6, 2025

Last sale price $197,500 $114 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,324 / mo

106 Days on Market

Highlights

  • No HOA
  • Living Room
  • Heating Available
  • Covered Patio or Porch
  • Central Air

About This Home

As of May 2025

This renovated, sturdy block home is centrally located, offering both convenience and modern updates. The property features brand-new windows and doors, along with freshly installed flooring (LVP throughout) and new cabinetry throughout, creating a sleek and contemporary aesthetic. A completely updated AC system ensures year-round comfort, while the home has been fully rewired with all-new electrical including all new fixtures. Every detail has been addressed, including new hardware, sinks, toilets, tubs, and showers, along with a brand-new water heater for added peace of mind. Enjoy the outdoors from the spacious covered front porch, and relax in the generous backyard shaded by large, mature trees, providing a perfect setting for outdoor gatherings and relaxation.

Last Agent to Sell the Property

Scott Seidler

Keller Williams Success Realty License #BK3077894 Listed on: 12/13/2024

Keller Williams Success Realty

Last Buyer's Agent

Thomas Martini

Twisted Palms Real Estate License #BK3407369

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,679

Year Built

  • Built in 1977

Lot Details

  • 8,750 Sq Ft Lot
  • Lot Dimensions are 50x175

Home Design

  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Living Room
  • Electric Oven

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Parker Elementary School
  • Rutherford Middle School
  • Rutherford High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,679

Year Built

Built in 1977

Lot Details

8,750 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1977
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.2
  • Lot Size: 50x175
  • Road Frontage Type: City Street
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Other
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Oven, Electric Water Heater
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom, Porch
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Covered, Porch
  • Roof: Other, Shingle

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Rutherford Middle

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 8750.0
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 1679.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Parker
  • High School: Rutherford

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2024
Closed on
Apr 23, 2025
Sold by
Bought by
Seller's Agent
Scott Seidler
Keller Williams Success Realty
Buyer's Agent
Thomas Martini
Twisted Palms Real Estate
List Price
$240,000
Sold Price
$197,500
Premium/Discount to List
-$42,500
-17.71%
Views
185
Current Estimated Value
$213,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,365
Avg. Annual Appreciation
6.31%
Original Mortgage
$197,500
Outstanding Balance
$194,969
Interest Rate
6.62%
Mortgage Type
VA
Estimated Equity
$18,896

Purchase Details

Closed on
Apr 28, 2023
Sold by
Bought by

Purchase Details

Closed on
Jan 26, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Panama City, FL

  • Chris Widen Real Estate Agent - The Keyes Company

    Chris Widen

    The Keyes Company

    (866) 788-9755

    58 Total Sales

    2 in Springfield

    $110,000 Price Range

    Chris Widen
     Section Image
  • Ron Rago Real Estate Agent - Beachy Beach Real Estate

    Ron Rago

    Beachy Beach Real Estate

    (850) 818-9822

    23 Total Sales

    1 in Springfield

    $40,000 Price

    Ron Rago
     Section Image
  • Jen LaChance Real Estate Agent - SimpliHOM

    Jen LaChance

    SimpliHOM

    (573) 490-3582

    27 Total Sales

    1 in Springfield

    $228,000 Price

    Jen LaChance
     Section Image
  • Cora Rasmussen Real Estate Agent - Realty ONE Group Emerald Coast

    Cora Rasmussen

    Realty ONE Group Emerald Coast

    (253) 509-7754

    152 Total Sales

    1 in Springfield

    $20,000 Price

    Cora Rasmussen
     Section Image
  • MaryAnn Enfinger Real Estate Agent - Overstreet Realty

    MaryAnn Enfinger

    Overstreet Realty

    (850) 771-2185

    193 Total Sales

    21 in Springfield

    $18K - $264K Price Range

    MaryAnn Enfinger
     Section Image
  • Deborah Morton Real Estate Agent - Bay Living, Inc.

    Deborah Morton

    Responds Quickly

    Bay Living, Inc.

    (786) 901-7183

    315 Total Sales

    2 in Springfield

    $155K - $320K Price Range

    Deborah Morton
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$197,500 None Listed On Document
$45,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $197,500
Previous Owner $86,790
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/06/2025 05/06/25 Sold $197,500 -3.7% $114 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
02/19/2025 02/19/25 Price Changed $205,000 -6.8% $119 / Sq Ft
02/06/2025 02/06/25 Price Changed $220,000 -4.3% $127 / Sq Ft
01/10/2025 01/10/25 Price Changed $230,000 -4.2% $133 / Sq Ft
12/12/2024 12/12/24 For Sale $240,000 -- $139 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,810 $111,187
2024 $1,679 $100,752 $14,017 $86,735
2023 $1,679 $91,867 $11,550 $80,317
2022 $1,405 $83,716 $10,762 $72,954
2021 $298 $10,500 $10,500 $0
2020 $244 $10,290 $10,290 $0
2019 $296 $9,975 $9,975 $0
2018 $1,289 $79,474 $0 $0
2017 $1,311 $80,003 $0 $0
2016 $1,347 $80,532 $0 $0
2015 $1,385 $81,060 $0 $0
2014 $1,385 $82,219 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Seidler Real Estate Agent - Keller Williams Success Realty

    Seller's Agent in 2025

    Scott Seidler

    Keller Williams Success Realty

    (850) 774-5007

    138 Total Sales

    Scott Seidler
    Section Image
  • Thomas Martini Real Estate Agent - Twisted Palms Real Estate

    Buyer's Agent in 2025

    Thomas Martini

    Twisted Palms Real Estate

    (941) 224-6189

    61 Total Sales

    Thomas Martini
    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 766158

Central Panhandle Association of REALTORS®

APN: 23209-010-000

Florida Bay County Panama City 32401

503 Springfield Ave, Panama City, 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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