$308,000
SOLD DEC 9, 2024

5315 Frank Hough Rd Panama City, FL 32404

3 Beds
2 Baths
1,305 Sq Ft
2.06 Acres

Recently Sold

$236 Per Sq Ft

23% Below List Price

160 Days on Market

Highlights

  • Country Style Home
  • No HOA
  • Patio
  • Sun or Florida Room
  • 1 Car Garage
  • Detached Carport Space

About This Home

As of December 2024

2 Acres in Panama City! 5315 Frank Hough Rd, 2+ acres available with a brick, 3 bed, 2 bath home plus attached garage and detached garage / workshop with carport! An abundance of space for pool, build another house, pole barn, bring all the toys, boat / RV, even a small farm with room for animals and garden. The home features all brick, garage, 3 beds, 2 bath with family room, kitchen and dining combined and a Florida room just off the kitchen. Property this size within Panama City are few and far between. Location highlights - 30 min from Navy Base, 35 min from the beach, 30 min from Tyndall Air Force Base, HCA ER is 8 min and New Publix is 5 min away! All the convenience of the city with the privacy of the country. Come Tour Today!

Last Agent to Sell the Property

Team Don and Bubba

EXP Realty LLC Listed on: 05/23/2024

EXP Realty LLC

Last Buyer's Agent

Team Don and Bubba

Counts Real Estate Group Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 2.06 Acre Lot
  • Lot Dimensions are 300 x 300
  • Property fronts a county road
  • Cleared Lot

Parking

  • 1 Car Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Country Style Home
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,305 Sq Ft Home
  • Family Room
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Cherokee Heights Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Detached
  • Lot Size Acres: 2.06
  • Lot Size: 300 x 300
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Cherokee Heights
  • Architectural Style: Country
  • Carport Y N: Yes
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1305.0
  • Dining Room Type: Bedroom, Dining Room, Family Room, Florida Room, Primary Bedroom

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Patio
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Detached Carport, Driveway, Detached, Garage
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Connected, Septic Available, Water Connected
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • 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 Features: Cleared
  • Lot Size Sq Ft: 89734.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: Tommy Smith
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Dec 9, 2024
Sold by
Mcdermott Tamera and Iler Rebecca
Bought by
Bell Jonathan and Bell Alyssa
Seller's Agent
Team Don and Bubba
EXP Realty LLC
Buyer's Agent
Team Don and Bubba
EXP Realty LLC
List Price
$400,000
Sold Price
$308,000
Premium/Discount to List
-$92,000
-23%
Views
318
Current Estimated Value
$318,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,667
Avg. Annual Appreciation
4.91%
Original Mortgage
$10,000
Outstanding Balance
$7,887
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$310,780

Purchase Details

Listed on
May 23, 2024
Closed on
Dec 6, 2024
Sold by
Hartzog Vanessa and Hartzog Gary Ray
Bought by
Mcdermott Tamera and Iler Rebecca
Seller's Agent
Team Don and Bubba
EXP Realty LLC
Buyer's Agent
Team Don and Bubba
EXP Realty LLC
List Price
$400,000
Sold Price
$308,000
Premium/Discount to List
-$92,000
-23%
Views
318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Outstanding Balance
$7,887
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$310,780
Source: Public Records

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Range of Values:

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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
Warranty Deed $308,000 Clear Title
Warranty Deed $308,000 Clear Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000 New Conventional
Closed $10,000 New Conventional
Open $302,421 FHA
Closed $302,421 FHA
Previous Owner $68,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Sold $308,000 -5.2% $236 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
09/20/2024 09/20/24 Price Changed $325,000 -7.1% $249 / Sq Ft
08/15/2024 08/15/24 Price Changed $350,000 -6.7% $268 / Sq Ft
08/02/2024 08/02/24 Price Changed $375,000 -6.3% $287 / Sq Ft
07/10/2024 07/10/24 For Sale $400,000 0.0% $307 / Sq Ft
07/10/2024 07/10/24 Price Changed $400,000 -5.9% $307 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
06/13/2024 06/13/24 Price Changed $425,000 -5.3% $326 / Sq Ft
06/04/2024 06/04/24 Price Changed $449,000 -5.5% $344 / Sq Ft
05/30/2024 05/30/24 Price Changed $475,000 -4.8% $364 / Sq Ft
05/23/2024 05/23/24 For Sale $499,000 -- $382 / 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 -- $304,607 $89,604 $215,003
2023 -- $129,901 $0 $0
2022 $0 $126,117 $0 $0
2021 $988 $122,444 $0 $0
2020 $979 $120,753 $0 $0
2019 $658 $94,123 $58,482 $35,641
2018 $886 $111,966 $0 $0
2017 $858 $108,194 $0 $0
2016 $851 $105,969 $0 $0
2015 $874 $105,232 $0 $0
2014 $862 $104,397 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 757587

Central Panhandle Association of REALTORS®

APN: 05844-000-000