NOT LISTED FOR SALE

5122 Lake Dr Panama City, FL 32404

Estimated Value: $201,000 - $259,000

3 Beds
2 Baths
1,460 Sq Ft
$160/Sq Ft Est. Value

Last Sold April 14, 2020

Last sale price $159,000 $109 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,392/month

36 Days on Market

Highlights

  • Pond View
  • Florida Architecture
  • Den
  • Waterfront
  • No HOA
  • Covered Patio or Porch

About This Home

As of April 2020

REO - Charming 3 Bed 2 Bath house on a corner lot! Tons of potential with this home, don't miss out on this awesome opportunity! This property is considered Insurable with Escrow by a FHA Appraiser. Buyers may escrow funds for repairs after the close of escrow & the amount is added to the loan balance of the standard FHA Financing (203b). Please see attached Repair Escrow & PCR for details. Available to Owner Occupants for 15 days from list date.

Last Agent to Sell the Property

Misty Curtis

Anchor Realty Florida License #BK3457875 Listed on: 01/29/2020

Last Buyer's Agent

Ida Hargaray

Coldwell Banker Residential Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $477

Year Built

  • Built in 1960

Lot Details

  • 10,498 Sq Ft Lot
  • Lot Dimensions are 70x150
  • Waterfront
  • Fenced
  • Level Lot

Home Design

  • Florida Architecture
  • Frame Construction
  • Ridge Vents on the Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,460 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Ceiling Fan
  • Insulated Doors
  • Living Room
  • Den
  • Storage
  • Washer and Dryer Hookup
  • Pond Views

Kitchen

  • Self-Cleaning Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$477

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Property Sub Type: Detached
  • Lot Size Acres: 0.24
  • Lot Size: 70x150
  • Road Frontage Type: City Street
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Florida
  • Entry Level: 1
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Self Cleaning Oven
  • Interior Amenities: Bookcases, Other, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Living Area: 1460.0
  • Dining Room Type: Bedroom, Den, Kitchen, Living Room, Primary Bedroom
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Chain Link, Fenced, Privacy
  • View: Pond
  • View: Yes
  • Waterfront Features: Other, Waterfront
  • Waterfront: Yes
  • Construction Type: Frame, Vinyl Siding
  • Patio And Porch Features: Covered, Patio
  • Roof: Metal, Ridge Vents

Utilities

  • Utilities: Water Connected
  • Security Features: Smoke Detector(s), Security System
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Rutherford Middle

Lot Info

  • Lot Features: Level, Waterfront
  • Lot Size Sq Ft: 10498.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 477.0
  • Tax Year: 2018

MLS Schools

  • Elementary School: Parker
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Apr 13, 2020
Sold by
Eldridge Lindsay Claire and Eldridge Wesly Neil
Bought by
Shelton Brittney
Seller's Agent
Misty Curtis
Anchor Realty Florida
Buyer's Agent
Ida Hargaray
Coldwell Banker Residential Real Estate
List Price
$165,000
Sold Price
$159,000
Premium/Discount to List
-$6,000
-3.64%
Current Estimated Value
$232,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,957
Avg. Annual Appreciation
7.37%
Original Mortgage
$156,120
Outstanding Balance
$137,519
Interest Rate
2.87%
Mortgage Type
FHA
Estimated Equity
$95,438

Purchase Details

Listed on
Sep 15, 2016
Closed on
Nov 10, 2016
Sold by
Ross Troy
Bought by
Eldridge Lindsay Claire and Eldridge Wesly Neil
Seller's Agent
Joel Jadofsky
Keller Williams Success Realty
Buyer's Agent
Amelia Richardson
Centergate Realty LLC
List Price
$99,900
Sold Price
$99,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.51%
Original Mortgage
$96,057
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 25, 2015
Closed on
Jun 7, 2016
Sold by
Secretary Of Hud
Bought by
Ross Troy
Seller's Agent
David Connart
LPT Realty LLC
Buyer's Agent
Joel Jadofsky
NON-MEMBER OFFICE
List Price
$38,850
Sold Price
$36,000
Premium/Discount to List
-$2,850
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1036.03%

Purchase Details

Closed on
Nov 19, 2015
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Aug 18, 2015
Sold by
Martin Shelby L
Bought by
Bank Of America Na

Purchase Details

Closed on
Feb 3, 2005
Sold by
Johnson Willie F and Johnson Ruth Carol
Bought by
Martin Trevor K and Martin Shelby L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,223
Interest Rate
5.66%
Mortgage Type
FHA
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
Shelton Brittney $159,000 Defender T&E Agcy Llc
Eldridge Lindsay Claire $99,900 Mti Title Ins Agency Inc
Ross Troy $36,000 Mti Title Insurance Agency I
The Secretary Of Housing & Urban Develop -- Attorney
Bank Of America Na $77,800 Attorney
Martin Trevor K $115,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shelton Brittney $156,120
Previous Owner Eldridge Lindsay C $20,000
Previous Owner Eldridge Lindsay Claire $96,057
Previous Owner Martin Trevor K $113,223
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2023 01/19/23 Off Market $36,000 -- --
07/05/2022 07/05/22 Off Market $99,900 -- --
07/05/2022 07/05/22 Off Market $159,000 -- --
04/14/2020 04/14/20 Sold $159,000 -3.6% $109 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $165,000 +65.2% $113 / Sq Ft
11/10/2016 11/10/16 Sold $99,900 0.0% $75 / Sq Ft
09/29/2016 09/29/16 Pending -- -- --
09/15/2016 09/15/16 For Sale $99,900 +177.5% $75 / Sq Ft
06/10/2016 06/10/16 Sold $36,000 -7.3% $27 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
12/25/2015 12/25/15 For Sale $38,850 -- $29 / 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 $1,496 $150,477 -- --
2023 $1,496 $146,094 $0 $0
2022 $1,071 $141,839 $0 $0
2021 $1,068 $137,707 $18,200 $119,507
2020 $503 $83,270 $15,610 $67,660
2019 $484 $81,574 $0 $0
2018 $477 $80,053 $0 $0
2017 $471 $78,406 $0 $0
2016 $702 $61,786 $0 $0
2015 $735 $62,296 $0 $0
2014 $744 $63,155 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 693467

Central Panhandle Association of REALTORS®

APN: 25216-000-000