NOT LISTED FOR SALE

5045 Highway 98 Bus Panama City, FL 32404

Estimated Value: $86,000 - $255,000

3 Beds
1.5 Baths
1,800 Sq Ft
$110/Sq Ft Est. Value

Last Sold August 29, 2012

Last sale price $18,000 $10 Per Sq Ft

Est. 1,001% increase in value since last sale

Current estimated payment $1,201/month

28 Days on Market

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • 1-Story Property
  • No HOA
  • Fireplace

About This Home

As of August 2012

GREAT INVESTMENT POTENTIAL and JUST REDUCED! This property is zoned residential up to four units or small commercial, and priced right to fix up the existing home or build rental property or the perfect spot for your small business. Close to schools, shopping, and Tyndall Air Force Base. Bank of America pre-qualification required on all offers. The Grantee(s), or purchaser(s), of the Property may not re-sell, record an additional conveyance document, or otherwise transfer title to the Property within 60 days following the Grantors execution of this Deed.

Last Agent to Sell the Property

Nikki Finch

Coastal Concepts Realty, Inc. License #3088997 Listed on: 03/23/2012

Last Buyer's Agent

Nikki Finch

Overstreet Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 90 x 135
  • Property fronts a highway
  • Corner Lot
  • Zoning described as Commercial,Resid Multi-Family,Resid Single Family

Parking

  • Driveway

Home Design

  • Fixer Upper

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Additional Features

  • Covered Patio or Porch
  • Propane

Community Details

  • No Home Owners Association
  • W H Parker Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1930
  • Property Sub Type: Detached
  • Lot Size: 90 x 135
  • Road Frontage Type: Highway
  • Subdivision Name: W H Parker
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Interior Amenities: Fireplace
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 1800.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Porch
  • Patio And Porch Features: Covered, Porch
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Propane, Sewer Connected, Water Connected

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Rutherford Middle

Lot Info

  • Lot Features: Corner Lot
  • Zoning Description: Commercial,Resid Multi-Family,Resid Single Family

Tax Info

  • Tax Annual Amount: 933.0
  • Tax Year: 2011

MLS Schools

  • Elementary School: Parker
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2023
Sold by
Phillips Madison
Bought by
5045E Highway 98 Llc
Current Estimated Value
$198,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,155,924
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
-$957,773

Purchase Details

Closed on
Oct 10, 2022
Sold by
A Fainer Real Estate Llc
Bought by
Phillips Madison

Purchase Details

Closed on
Nov 1, 2012
Sold by
Shany Ido
Bought by
A Fainer Real Estate Llc

Purchase Details

Listed on
Mar 23, 2012
Closed on
Aug 28, 2012
Sold by
The Bank Of New York Mellon
Bought by
Shany Ido
Seller's Agent
Nikki Finch
Coastal Concepts Realty, Inc.
Buyer's Agent
Nikki Finch
Overstreet Realty
List Price
$32,600
Sold Price
$18,000
Premium/Discount to List
-$14,600
-44.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.26%

Purchase Details

Closed on
Dec 14, 2011
Sold by
Karl Carol Lynn
Bought by
The Bank Of New York Mellon
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
5045E Highway 98 Llc $100 None Listed On Document
Phillips Madison $68,500 --
A Fainer Real Estate Llc $50,400 None Available
Shany Ido $18,000 Attorney
The Bank Of New York Mellon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5045E Highway 98 Llc $1,600,000
Previous Owner Karl Carol Lynn $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $18,000 -- --
08/29/2012 08/29/12 Sold $18,000 -44.8% $10 / Sq Ft
04/20/2012 04/20/12 Pending -- -- --
03/23/2012 03/23/12 For Sale $32,600 -- $18 / 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 $1,462 $113,492 $26,190 $87,302
2023 $1,462 $103,358 $27,412 $75,946
2022 $594 $49,367 $0 $0
2021 $446 $41,197 $0 $0
2020 $405 $38,540 $19,467 $19,073
2019 $400 $37,667 $18,594 $19,073
2018 $460 $42,620 $0 $0
2017 $467 $42,383 $0 $0
2016 $487 $42,844 $0 $0
2015 $506 $42,869 $0 $0
2014 $510 $43,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2012

    Nikki Finch

    Coastal Concepts Realty, Inc.

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 504975

Central Panhandle Association of REALTORS®

APN: 25249-070-000

Florida Bay County Panama City 32404

5045 Highway 98 Bus, Panama City, FL

This home is located at 5045 Highway 98 Bus, Panama City, FL 32404 since 23 March 2012 and is currently estimated at $198,151, approximately $110 per square foot. This property was built in 1930. 5045 Highway 98 Bus is a home located in Bay County with nearby schools including Parker Elementary School, Everitt Middle School, and Rutherford 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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