NOT LISTED FOR SALE

5229 Park St Panama City, FL 32404

Estimated Value: $216,000 - $249,000

3 Beds
2 Baths
1,738 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 07, 2017

Last sale price $129,000 $74 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,383/month

7 Days on Market

Highlights

  • Bonus Room
  • No HOA
  • Converted Garage
  • Sun or Florida Room
  • Workshop
  • Interior Lot

About This Home

As of August 2017

Home is located in a nice and quiet neighborhood convenient to shopping, restaurants and Tyndall AFB. The home features a chain link fenced back yard and a large workshop with electricity. Interior has been updated with new appliances, new carpet and a new water heater. This property is eligible under the Freddie Mac First Look Initiative through 06/28/2017. During the first 20 days of a home listed in MLS, only offers from owner occupants, public entities or their designated partners will be considered. Offers from investor purchasers may be submitted, but will not be considered until after the initial 20 days of the listing. Seller will offer an allowance up to $500 to owner occupants towards the purchase of a Home Warranty of their choice.

Last Agent to Sell the Property

Dar Franks

Overstreet Realty License #3073290 Listed on: 06/09/2017

Co-Listed By

Connie Overstreet

Overstreet Realty License #0650697

Last Buyer's Agent

Ann Willis

ERA Neubauer Real Estate, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $683

Year Built

  • Built in 1976

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80x135
  • Fenced
  • Landscaped
  • Interior Lot
  • Cleared Lot

Parking

  • Converted Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 1,738 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Bonus Room
  • Workshop
  • Sun or Florida Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Gilbert Lake Est. U 1 Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / A

Home Details

Home Type

Single Family

Est. Annual Taxes

$683

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1976
  • Property Sub Type: Detached
  • Lot Size Acres: 0.24
  • Lot Size: 80X135
  • Road Surface Type: Paved
  • Co List Office Mls Id: BOVR
  • Co List Office Phone: (850) 814-8482
  • Subdivision Name: Gilbert Lake Est. U-1
  • Architectural Style: Ranch
  • 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 Range, Electric Water Heater, Microwave, Range Hood
  • Interior Amenities: Breakfast Bar, Entrance Foyer, Workshop
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1738.0
  • Dining Room Type: Bonus Room, Bedroom, Dining Room, Full Bath, Florida Room, Foyer, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Workshop
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Chain Link, Fenced
  • Waterfront: No
  • Construction Type: Brick Veneer, HardiPlank Type
  • Exterior Features: Storage
  • Foundation Details: Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Converted Garage

Utilities

  • Utilities: Electricity Connected, Phone Connected, Sewer Connected, Trash Collection, Water Connected
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Natural Gas
  • 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: Cleared, Interior Lot, Landscaped

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 683.0
  • Tax Block: A
  • Tax Lot: 5
  • Tax Year: 2016

MLS Schools

  • Elementary School: Parker
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2017
Closed on
Aug 2, 2017
Sold by
Federal Home Loan Mortgage Corp
Bought by
Hathcock Melany J
Seller's Agent
Dar Franks
Overstreet Realty
Buyer's Agent
Ann Willis
ERA Neubauer Real Estate, Inc
List Price
$124,900
Sold Price
$129,000
Premium/Discount to List
$4,100
3.28%
Current Estimated Value
$237,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,114
Avg. Annual Appreciation
7.84%
Original Mortgage
$112,875
Outstanding Balance
$94,434
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$142,680

Purchase Details

Closed on
Feb 6, 2017
Sold by
Ioan Depot Com Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 1, 2017
Sold by
Mckay Steven B and Mckay Danetia R
Bought by
Loandepot Com Llc

Purchase Details

Closed on
Jul 31, 2009
Sold by
Mckay Steven B and Mckay Kimberly M
Bought by
Mckay Steven B

Purchase Details

Closed on
Jun 21, 2001
Sold by
Sims Jimmy D
Bought by
Mckay Steven B and Mckay Kimberly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,317
Interest Rate
7.14%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Hathcock Melany J $129,000 Attorney
Federal Home Loan Mortgage Corporation -- Attorney
Loandepot Com Llc $148,400 Attorney
Mckay Steven B -- None Available
Mckay Steven B $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hathcock Melany J $112,875
Previous Owner Mckay Steven B $150,900
Previous Owner Mckay Steven B $166,000
Previous Owner Mckay Steven B $62,104
Previous Owner Mckay Steven B $11,000
Previous Owner Mckay Steven B $91,577
Previous Owner Mckay Steven B $85,798
Previous Owner Mckay Steven B $86,317
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Off Market $129,000 -- --
08/07/2017 08/07/17 Sold $129,000 +3.3% $74 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $124,900 -- $72 / 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 $1,130 $123,814 -- --
2023 $1,130 $120,208 $0 $0
2022 $816 $116,707 $0 $0
2021 $812 $113,308 $15,520 $97,788
2020 $837 $114,718 $15,520 $99,198
2019 $765 $108,021 $15,520 $92,501
2018 $854 $114,918 $0 $0
2017 $669 $60,772 $0 $0
2016 $683 $60,156 $0 $0
2015 $740 $62,772 $0 $0
2014 $589 $85,384 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 659700

Central Panhandle Association of REALTORS®

APN: 25447-015-000