$600,000
SOLD MAY 11, 2023

5100 Old Majette Tower Rd Panama City, FL 32404

4 Beds
3 Baths
2,948 Sq Ft
4.2 Acres

Recently Sold

$204 Per Sq Ft

14% Below List Price

123 Days on Market

Highlights

  • Craftsman Architecture
  • No HOA
  • 4 Car Garage

About This Home

As of May 2023

Custom built North Caroline style mountain house located on 4.2 acres with private paved drive located near Bay County Sports Plex and easy drive to Lynn Haven or the 23rd Street corridor...small pond, fully paved driveway, fenced and some privacy fencing, 24x48 climate-controlled building with loft for storage. Building has a 10ft roll-up and two walk-in doors...all located on 4.2 private acres...Interior features tons of upgrades including beamed 22 ft ceiling, hardwood flooring, and huge custom windows...downstairs offers two large guest bedrooms, working laundry room, and full bath...2nd floor offers huge living room with stone fireplace, open dining room, kitchen with upgraded stainless appliances and granite counters, office/4th bedroom, and 20x14 master suite with spa like bathroom

Last Agent to Sell the Property

Rocky Wright

850 Real Estate Center License #3259809 Listed on: 11/29/2022

Last Buyer's Agent

Dien Tran

Think Real Estate License #sl3466729

Think Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,434

Year Built

  • Built in 2008

Parking

  • 4 Car Garage

Home Design

  • 2,948 Sq Ft Home
  • Craftsman Architecture

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Tommy Smith Elementary School
  • Merritt Brown Middle School
  • Rutherford High School

Additional Features

  • 4.2 Acre Lot
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,434

Year Built

Built in 2008

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Detached
  • Lot Size Acres: 4.2
  • Lot Size: irregular
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Craftsman
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 2948.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage Spaces: 4.0
  • Garage: Yes

Utilities

  • Utilities: Septic Available
  • Sewer: Septic Tank

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Merritt Brown

Lot Info

  • Lot Size Sq Ft: 182952.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 3434.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Tommy Smith
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2021
Sold by
Hutchison Edward A and Brudnicki Greg
Bought by
Garden Street Communites Southeast Llc

Purchase Details

Closed on
Feb 13, 2018
Sold by
Kovaleski Charles R
Bought by
Cmk I Llc

Purchase Details

Closed on
Aug 16, 2005
Sold by
David Brown Construction Inc
Bought by
Ward Slade R and Ward Harriett D

Purchase Details

Closed on
Jun 16, 2005
Sold by
David Brown Construction Inc
Bought by
Nck Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
5.88%
Mortgage Type
Construction

Purchase Details

Closed on
May 5, 2005
Sold by
David Brown Construction Inc
Bought by
Jones Daniel P and Jones Brandi B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
5.88%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 29, 2005
Sold by
David Brown Construction Inc
Bought by
Perdue Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
5.88%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 12, 2005
Sold by
David Brown Construction Inc
Bought by
R & S Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
5.88%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 24, 2005
Sold by
David Brown Construction Inc
Bought by
Kovaleski Charles R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
5.88%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 10, 2005
Sold by
David Brown Construction Inc
Bought by
Wishum L Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
5.88%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 18, 2005
Sold by
Gac Contractors Inc
Bought by
David Brown Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 8, 2004
Sold by
Patriot Homes & Development Of Fl Llc
Bought by
Dunn Bradley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
6.24%
Mortgage Type
Construction
Source: Public Records

Similar Homes in Panama City, FL

  • 6428 Sunset Ave, Panama City, FL 32408

    $498,500

    • 2 Beds
    • 2 Baths
    • 1,248 Sq Ft
    • 6428 Sunset Ave
    • Panama City, FL

    Discover your dream beach cottage in the heart of Panama City Beach, close to the beach. This is a must-see gem, offering the ultimate coastal lifestyle for primary or secondary living, or to become your next income producing property. The private pool and yard is sure to be a hit!

    Alexandra Gavrilash Counts Real Estate Group Inc

    Section Image
  • 2508 W 9th St, Panama City, FL 32401

    $650,000

    • 2 Beds
    • 3 Baths
    • 1,533 Sq Ft
    • 2508 W 9th St
    • Panama City, FL

    Nestled on one of the most sought-after streets in the historical St. Andrews area of Panama City, this two-bedroom home offers a perfect blend of charm and modern updates. Zoned Mixed Use-2, just a short stroll to the gorgeous Oaks By the Bay Park and the vibrant shops, restaurants, and coffee spots on Beck Avenue, this location screams convenience and fun. Make this property your home or

    Mindi Sato Keller Williams Success Realty

    Section Image
  • 3909 Ray St, Panama City, FL 32408

    $584,919

    • 2 Beds
    • 3 Baths
    • 1,368 Sq Ft
    • 3909 Ray St
    • Panama City, FL

    Turnkey Beachside Retreat!Beachgoers and investors- Discover this FULLY FURNISHED, 2 bedroom/3 bathroom vacation property! Complete with beds, bunks and a 600+ sq ft mother-in-law quarters with personal driveway. You will find this property on the East end of PCB, south of Grand Lagoon, in the Holiday Beach area. Property features a main house with 6 beds, a modern kitchen with quartz

    Benjamin Brady CENTURY 21 Commander Realty

    Section Image
  • 4025 Venus St, Panama City, FL 32408

    $475,000

    • 2 Beds
    • 1 Bath
    • 725 Sq Ft
    • 4025 Venus St
    • Panama City, FL

    ''Coastal charm just two blocks from the beach! Welcome to 4025 Venus St., a beautiful 2-bedroom, 1-bath beachside retreat in the heart of Panama City Beach. This move-in-ready home offers the perfect blend of comfort, recreation, and expansion potential. Enjoy outdoor living at its finest with a private volleyball court, a spacious seating and cooking area perfect for entertaining, and a

    Lexi Hinson Legacy Premier Agency

    Section Image
  • 302 S San Souci Blvd, Panama City, FL 32413

    $700,000

    • 2 Beds
    • 2.5 Baths
    • 1,236 Sq Ft
    • 302 S San Souci Blvd
    • Panama City, FL

    Coastal luxury meets thoughtful design. Custom Built by renowned local builder Tom Ledman, this professionally designed 2-bedroom, 2.5-bath home is straight out of Southern Living Magazine. Featuring 9-ft ceilings and tile flooring throughout, every inch of this residence reflects timeless elegance and relaxed beach living.The spacious open-concept layout includes a large, beautifully designed

    Kelly Killick EXP Realty LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed -- Attorney
Warranty Deed $36,500 --
Warranty Deed $25,000 --
Warranty Deed $90,000 --
Warranty Deed $30,000 --
Warranty Deed $30,000 --
Warranty Deed $30,000 --
Warranty Deed $180,000 --
Warranty Deed $64,000 --
Warranty Deed $160,000 --
Warranty Deed $379,000 --
Warranty Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $167,200 Construction
Previous Owner $165,600 Construction
Previous Owner $164,000 Construction
Previous Owner $450,000 Unknown
Previous Owner $116,800 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Price Changed $70,000 -22.2% --
08/29/2024 08/29/24 Price Changed $90,000 -10.0% --
05/15/2024 05/15/24 Price Changed $100,000 -20.0% --
04/12/2024 04/12/24 For Sale $125,000 -79.2% --
05/11/2023 05/11/23 Sold $600,000 -14.3% $204 / Sq Ft
04/02/2023 04/02/23 Pending -- -- --
01/22/2023 01/22/23 Off Market $699,900 -- --
11/29/2022 11/29/22 For Sale $699,900 +100.0% $237 / Sq Ft
06/20/2022 06/20/22 Off Market $350,000 -- --
01/30/2013 01/30/13 Sold $350,000 -10.0% $117 / Sq Ft
01/01/2013 01/01/13 Pending -- -- --
10/04/2012 10/04/12 For Sale $389,000 -- $130 / 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 $157 $12,508 $12,508 --
2023 $157 $12,508 $12,508 $0
2022 $144 $12,508 $12,508 $0
2021 $149 $12,508 $12,508 $0
2020 $150 $12,508 $12,508 $0
2019 $150 $12,508 $12,508 $0
2018 $152 $12,508 $0 $0
2017 $155 $12,508 $0 $0
2016 $159 $12,508 $0 $0
2015 $165 $12,508 $0 $0
2014 $164 $12,458 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 734972

Central Panhandle Association of REALTORS®

APN: 05894-020-000