NOT LISTED FOR SALE

509 Palermo Rd Panama City, FL 32405

Panama City Area

Estimated Value: $190,000 - $269,000

3 Beds
2.5 Baths
1,471 Sq Ft
$151/Sq Ft Est. Value

Sale Details

Date Sold: May 3, 2021

Last sale price $166,000 $113 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,377 / mo

55 Days on Market

Highlights

  • Bonus Room
  • Cul-De-Sac
  • Central Air
  • No HOA
  • Living Room
  • High Speed Internet

About This Home

As of May 2021

Here is your chance to own a 3 bedroom townhome right in the middle of everything! Venetian Villa townhomes are only two minutes away from Publix, Walmart, Winn-dixie and many great restaurants. Just over 3 miles from Lowes and Home Depot. New roof installed in 2020. Transferable home warranty to reassure buyers that all major systems are running strong. This end unit has large living room that leads directly into the huge air controlled patio or den. Fence in backyard to complete the perfect starter home package! Kitchen has dark oak cabinets and large walk-in pantry. Carpet on the stairs and throughout the upstairs. All three bedrooms are upstairs.

Last Agent to Sell the Property

Tyler Southerland

Keller Williams Realty Emerald Coast Listed on: 01/12/2021

Co-Listed By

Justin Waters

Keller Williams Realty Emerald Coast License #3459973

Last Buyer's Agent

Wanda Martinez

Keller Williams Success Realty

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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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,312

Year Built

  • Built in 1983

Lot Details

  • Lot Dimensions are 27x157x27x144
  • Cul-De-Sac
  • Fenced

Parking

  • No Garage

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Bonus Room
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Schools

  • Northside Elementary School
  • Mowat Middle School
  • Mosley High School

Utilities

  • Central Air
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

  • No Home Owners Association
  • Venetian Villa 2Nd Add Replat Subdivision

Security

  • Fire and Smoke Detector
  • Firewall

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,312

Year Built

Built in 1983

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Property Sub Type: Attached
  • Lot Size: 27x157x27x144
  • Road Frontage Type: City Street
  • Co List Office Mls Id: BKWE
  • Co List Office Phone: 850-654-2900
  • Subdivision Name: Venetian Villa 2nd Add Replat
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Townhouse
  • Property Sub Type Additional: Attached,Townhouse
  • Special Features: None
  • Stories: 2

Interior Features

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

Exterior Features

  • Fencing: Fenced
  • Waterfront: No
  • Disclosures: Home Warranty
  • Construction Type: Vinyl Siding
  • Roof: Shingle

Garage/Parking

  • Parking Features: No Garage
  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Available, High Speed Internet Available, Water Connected
  • Security Features: Firewall(s), Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Mowat

Lot Info

  • Lot Features: Cul-De-Sac
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 1312.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Northside
  • High School: Mosley

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
Jan 12, 2021
Closed on
Apr 16, 2021
Sold by
Bought by
Seller's Agent
Tyler Southerland
Keller Williams Realty Emerald Coast
Buyer's Agent
Wanda Martinez
Keller Williams Success Realty
List Price
$179,000
Sold Price
$166,000
Premium/Discount to List
-$13,000
-7.26%
Current Estimated Value
$222,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,629
Avg. Annual Appreciation
5.75%
Original Mortgage
$149,400
Outstanding Balance
$132,230
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$90,399

Purchase Details

Closed on
Apr 1, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,645
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,500
Interest Rate
6.57%
Mortgage Type
Unknown
Source: Public Records

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
$166,000 North Florida Title Company
$130,000 Attorney
$120,000 Diamond Title Agency Inc
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 $149,400
Previous Owner $127,645
Previous Owner $119,500
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
04/24/2025 04/24/25 Off Market $166,000 -- --
01/03/2023 01/03/23 Off Market $166,000 -- --
05/03/2021 05/03/21 Sold $166,000 -2.4% $113 / Sq Ft
02/27/2021 02/27/21 Price Changed $170,000 -1.2% $116 / Sq Ft
02/10/2021 02/10/21 Price Changed $172,000 -2.5% $117 / Sq Ft
02/05/2021 02/05/21 Price Changed $176,500 -1.4% $120 / Sq Ft
01/11/2021 01/11/21 For Sale $179,000 -- $122 / 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 $1,830 $152,382
2024 $1,952 $148,087
2023 $1,952 $143,774 $0 $0
2022 $1,885 $139,586 $14,470 $125,116
2021 $1,516 $115,288 $0 $0
2020 $1,414 $113,696 $11,887 $101,809
2019 $892 $55,164 $11,887 $43,277
2018 $1,044 $68,938 $0 $0
2017 $1,041 $69,486 $0 $0
2016 $1,067 $69,561 $0 $0
2015 $1,105 $70,060 $0 $0
2014 $1,106 $70,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tyler Southerland

    Keller Williams Realty Emerald Coast

  • J

    Seller Co-Listing Agent in 2021

    Justin Waters

    Keller Williams Realty Emerald Coast

  • W

    Buyer's Agent in 2021

    Wanda Martinez

    Keller Williams Success Realty

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 706480

Central Panhandle Association of REALTORS®

APN: 11677-153-000

Florida Bay County Panama City 32405

509 Palermo Rd, 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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