NOT LISTED FOR SALE

515 E 5th Ct Panama City, FL 32401

Downtown North Neighborhood

Estimated Value: $254,000 - $267,428

2 Beds
2 Baths
1,260 Sq Ft
$207/Sq Ft Est. Value

Sale Details

Date Sold: February 16, 2023

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

Est. 5% increase in value since last sale

Current estimated payment $1,728 / mo

41 Days on Market

Highlights

  • Deck
  • Living Room
  • Forced Air Heating and Cooling System
  • No HOA
  • Home Security System
  • Dining Room

About This Home

As of February 2023

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.

Last Agent to Sell the Property

Richard Anderson

Premier Properties of Bay Co Listed on: 12/09/2022

Last Buyer's Agent

Stephanie Shipp

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

  • $1,304

Year Built

  • Built in 1982

Lot Details

  • 4,966 Sq Ft Lot
  • Lot Dimensions are 106 x 50 x 81 x 60

Parking

  • No Garage

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Living Room
  • Dining Room
  • Home Security System
  • Electric Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Cherry Street Elementary School
  • Jinks Middle School
  • Bay High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,304

Year Built

Built in 1982

Lot Details

4,966 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Attached
  • Lot Size Acres: 0.11
  • Lot Size: 106 x 50 x 81 x 60
  • Road Frontage Type: City Street
  • Subdivision Name: No Named Subdivision
  • Entry Level: 1
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Townhouse
  • Property Sub Type Additional: Attached,Townhouse
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
  • Stories: 1

Exterior Features

  • Pool Features: Other, See Remarks
  • Fencing: Privacy
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Exterior Features: Deck
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Water Connected
  • Security Features: Security System
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Paved
  • Land Lease: No
  • Lot Size Sq Ft: 4966.0
  • Mobile Dim Units: Feet
  • Zoning Description: Commercial

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Furnished: Partially

Tax Info

  • Tax Annual Amount: 1304.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

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
Dec 9, 2022
Closed on
Feb 16, 2023
Sold by
Bought by
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
$260,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,107
Avg. Annual Appreciation
1.47%
Original Mortgage
$198,000
Outstanding Balance
$190,001
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$70,606

Purchase Details

Closed on
Mar 6, 2020
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
$77,500
Interest Rate
5%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 30, 2003
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
$11,200
Interest Rate
5.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 1, 2000
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
$55,000
Interest Rate
7.58%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown North, FL

  • Deborah Morton Real Estate Agent - Bay Living, Inc.

    Deborah Morton

    Responds Quickly

    Bay Living, Inc.

    (786) 901-7183

    315 Total Sales

    1 in Downtown North

    $168,900 Price

    Deborah Morton
     Section Image
  • Paul LaCourse Real Estate Agent - Anchor Realty Florida

    Paul LaCourse

    Responds Quickly

    Anchor Realty Florida

    (850) 549-9719

    59 Total Sales

    1 in Downtown North

    $140,000 Price

    Paul LaCourse
     Section Image
  • Scott Seidler Real Estate Agent - Keller Williams Success Realty

    Scott Seidler

    Keller Williams Success Realty

    (850) 771-1738

    138 Total Sales

    1 in Downtown North

    $198,000 Price

    Scott Seidler
     Section Image
  • Justin Cater Real Estate Agent - EXP Realty LLC

    Justin Cater

    EXP Realty LLC

    (850) 818-3040

    72 Total Sales

    4 in Downtown North

    $160K - $300K Price Range

    Justin Cater
     Section Image
  • Dennis Nelson Real Estate Agent - Keller Williams Success Realty

    Dennis Nelson

    Keller Williams Success Realty

    (850) 788-3219

    127 Total Sales

    9 in Downtown North

    $35K - $305K Price Range

    Dennis Nelson
     Section Image
  • Opey Russ Real Estate Agent - Gulf Life Real Estate Inc

    Opey Russ

    Gulf Life Real Estate Inc

    (850) 467-9563

    28 Total Sales

    1 in Downtown North

    $250,000 Price

    Opey Russ
     Section Image
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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
$247,500 Anchor Title
$82,500 Setco Services Llc
$112,000 Lawyers Title Agency Of Nort
$95,000 --
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 $198,000
Previous Owner $77,500
Previous Owner $45,000
Previous Owner $11,200
Previous Owner $89,600
Previous Owner $55,000
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
02/16/2023 02/16/23 Sold $247,500 +2.7% $196 / Sq Ft
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
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 $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

    21 Total Sales

    Stephanie Shipp
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 735295

Central Panhandle Association of REALTORS®

APN: 20443-000-000

Florida Bay County Panama City 32401 Downtown North

515 E 5th Ct, 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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