NOT LISTED FOR SALE

515 E 5th Ct Panama City, FL 32401

Downtown North Neighborhood

Estimated Value: $213,000 - $260,000

2 Beds
2 Baths
1,260 Sq Ft
$187/Sq Ft Est. Value

Last Sold February 16, 2023

Last sale price $247,500 $196 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,525/month

About This Home

Much sought after Cove area of Panama City. Attached single family - townhome ... not a duplex. Renovated since the hurricane, this home is move-in ready. LVP flooring except for kitchen and baths. Spacious living and dining areas and creative lighting accents throughout add a touch of class to this cozy in-town home. Minimal yard maintenance is required on this property, so you have more time to enjoy the privacy of the tremendous deck. This space is perfect for entertaining or just relaxing in the evening. This quiet neighborhood convenient to all that downtown Panama City has to offer, and just four blocks to Ascension Sacred Heart Hospital. Call today for private showing.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Feb 16, 2023
Sold by
Pearson Eric Spencer
Bought by
Molina Nicholas Daniel
Seller's Agent
Richard Anderson
Premier Properties of Bay Co
Buyer's Agent
Stephanie Shipp
Keller Williams Success Realty
List Price
$259,900
Sold Price
$247,500
Premium/Discount to List
-$12,400
-4.77%
Views
11
Current Estimated Value
$236,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,485
Avg. Annual Appreciation
-1.59%
Original Mortgage
$198,000
Outstanding Balance
$191,313
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$44,702

Purchase Details

Closed on
Mar 6, 2020
Sold by
Stevens Barbara J
Bought by
Pearson Eric Spencer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
5%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 30, 2003
Sold by
J C & T Property Acquisitions Llc
Bought by
Stevens Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2000
Sold by
Littleton John O and Littleton Bobbie M
Bought by
Jones Thomas E and Jones Geraldine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.58%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Molina Nicholas Daniel $247,500 Anchor Title
Pearson Eric Spencer $82,500 Setco Services Llc
Stevens Barbara J $112,000 Lawyers Title Agency Of Nort
Jones Thomas E $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molina Nicholas Daniel $198,000
Previous Owner Pearson Eric Spencer $77,500
Previous Owner Stevens Barbara J $89,600
Previous Owner Jones Thomas E $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2023 02/16/23 Sold $247,500 +2.7% $196 / Sq Ft View Prior Sale
01/20/2023 01/20/23 Pending -- -- --
01/20/2023 01/20/23 Off Market $241,000 -- --
01/16/2023 01/16/23 Price Changed $241,000 -0.8% $191 / Sq Ft
01/06/2023 01/06/23 Price Changed $242,900 -0.8% $193 / Sq Ft
12/30/2022 12/30/22 Price Changed $244,900 -5.8% $194 / Sq Ft
12/09/2022 12/09/22 For Sale $259,900 -- $206 / Sq Ft

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
2025 $3,591 $213,921 $18,445 $195,476
2024 $1,475 $208,720 $18,105 $190,615
2023 $1,475 $74,773 $17,000 $57,773
2022 $771 $67,300 $14,875 $52,425
2021 $1,304 $69,796 $14,067 $55,729
2020 $729 $31,489 $13,132 $18,357
2019 $579 $35,795 $12,112 $23,683
2018 $919 $100,599 $0 $0
2017 $892 $98,923 $0 $0
2016 $925 $99,730 $0 $0
2015 $967 $100,366 $0 $0
2014 $964 $100,627 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Richard Anderson

    Premier Properties of Bay Co

  • S

    Buyer's Agent in 2023

    Stephanie Shipp

    Keller Williams Success Realty

    (850) 691-8024

    1 in this area

    34 Total Sales

    Stephanie Shipp
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Map

Florida Bay County Panama City 32401 Downtown North

515 E 5th Ct, Panama City, FL

Not Listed for Sale

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