NOT LISTED FOR SALE

505 N 9th St Panama City, FL 32404

Estimated Value: $137,000 - $176,000

3 Beds
1 Bath
1,104 Sq Ft
$140/Sq Ft Est. Value

Last Sold September 25, 2013

Last sale price $48,250 $44 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $906/month

12 Days on Market

Highlights

  • Florida Architecture
  • No HOA
  • Living Room
  • Corner Lot
  • Patio
  • Central Air

About This Home

As of September 2013

CONGRATULATIONS! By reading this you now have the opportunity to purchase an affordable home in the PARKER AREA. This is a FANNIE MAE HOMEPATH PROPERTY !! These words are on everybody's mind now a days when looking for a home. Well, you found one and this home qualifies for the FANNIE MAE HOMEPATH RENOVATION MORTGAGE!! Want to be located in the eastern portion of the county, close to Tyndall Air force Base, and everything important on the East side, yet not far from the 23rd Street shopping district and the beaches? Make sure you put this affordable home on your list. This 3 bedroom 1 bath home is just right for the budget minded home buyer as well as the investor looking for good rental property near the East Side, major employment. The home features a huge living room. The backyard

Last Agent to Sell the Property

John McCrory

Bay Heritage Realty, LLC License #0381929 Listed on: 07/15/2013

Last Buyer's Agent

Melana Weems

Weichert Medallion Lighthouse

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $306

Year Built

  • Built in 1958

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75x146
  • Corner Lot
  • Interior Lot
  • Zoning described as City

Parking

  • Carport

Home Design

  • Florida Architecture
  • Fixer Upper
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Additional Features

  • Patio
  • Central Air

Community Details

  • No Home Owners Association
  • Lake Drive Heights 1St Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$306

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Property Sub Type: Detached
  • Lot Size Acres: 0.25
  • Lot Size: 75X146
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Lake Drive Heights 1st
  • Architectural Style: Florida
  • 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: RealEstateOwned
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1104.0
  • Dining Room Type: Bedroom, Dining Room, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Chain Link, Full
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Patio
  • Foundation Details: Slab
  • Property Condition: Fixer
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Carport
  • Carport Spaces: 1.0

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Rutherford Middle

Lot Info

  • Lot Features: Corner Lot, Interior Lot
  • Zoning Description: City

Tax Info

  • Tax Annual Amount: 306.0
  • Tax Block: 5
  • Tax Lot: 1
  • Tax Year: 2012

MLS Schools

  • Elementary School: Parker
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2013
Closed on
Sep 25, 2013
Sold by
Fannie Mae
Bought by
George Shawn Lloyd
Seller's Agent
John McCrory
Bay Heritage Realty, LLC
Buyer's Agent
Melana Weems
Weichert Medallion Lighthouse
List Price
$50,400
Sold Price
$48,250
Premium/Discount to List
-$2,150
-4.27%
Current Estimated Value
$154,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,922
Avg. Annual Appreciation
10.20%
Original Mortgage
$38,600
Outstanding Balance
$9,970
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$144,202

Purchase Details

Closed on
Jun 11, 2013
Sold by
Gainous Sharon N
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 24, 2007
Sold by
Bush Joseph T and Bush Dorothy G
Bought by
Gainous Sharon N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,495
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
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
George Shawn Lloyd $48,300 Title & Abstract Agency Of A
Federal National Mortgage Association -- None Available
Gainous Sharon N $134,500 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George Shawn Lloyd $38,600
Previous Owner Gainous Sharon N $129,495
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $48,250 -- --
09/25/2013 09/25/13 Sold $48,250 -4.3% $44 / Sq Ft
07/27/2013 07/27/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $50,400 -- $46 / 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 $859 $64,912 -- --
2023 $859 $59,011 $23,314 $40,181
2022 $500 $49,144 $20,047 $29,097
2021 $496 $46,970 $0 $0
2020 $454 $42,700 $16,557 $26,143
2019 $449 $42,284 $15,815 $26,469
2018 $533 $49,413 $0 $0
2017 $542 $49,184 $0 $0
2016 $563 $49,549 $0 $0
2015 $584 $49,543 $0 $0
2014 $588 $49,909 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 610993

Central Panhandle Association of REALTORS®

APN: 25428-000-000