$335,000
SOLD JUL 14, 2025

5406 E 12th St Panama City, FL 32404

-- Bed
-- Bath
2,016 Sq Ft
2.56 Acres

Recently Sold

$166 Per Sq Ft

21% Below List Price

83 Days on Market

About This Home

As of July 2025

This property is the ideal location for new development. Zoned for mixed-use and can accommodate up to 16 units per acre for apartments or townhomes or up to five single-family detached homes per acre. Located in a highly convenient neighborhood, the property is ideal for a new housing development or for building more single-family homes alongside the existing residences. This residence features four bedrooms, two bathrooms, an additional mother-in-law suite, an attached oversized garage, an inground pool, a workshop, and a carport. The lot also includes an existing pond, which could be a retention pond if needed. As always, I recommend that any potential buyer verify all information through the local municipality if important. Contact your favorite Realtor today for more information or to schedule a showing.

Last Agent to Sell the Property

Melany Hathcock

CENTURY 21 Ryan Realty Inc License #SL3462926 Listed on: 03/08/2025

CENTURY 21 Ryan Realty Inc

Last Buyer's Agent

Hannah Luge

Foundation Real Estate Agency LLC License #3480395

Foundation Real Estate Agency LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,181

Year Built

  • Built in 1983

Lot Details

  • 2.56 Acre Lot
  • Lot Dimensions are 403 x 276

Home Design

  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Schools

  • Cedar Grove Elementary School
  • Everitt Middle School
  • Rutherford High School

Community Details

  • No Home Owners Association

Property Details

Property Type

Other

Est. Annual Taxes

$3,181

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1983
  • Property Sub Type: Other
  • Lot Size Acres: 2.56
  • Lot Size: 403 x 276
  • Road Frontage Type: City Street
  • Subdivision Name: [No Recorded Subdiv]
  • Unit Levels: Two
  • Building Stories: 2
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Possible Use: Other
  • Stories: 2

Exterior Features

  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Roof: Composition, Shingle

Utilities

  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Everitt

MLS Schools

  • Elementary School: Cedar Grove
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2001
Sold by
Barker Richard G
Bought by
Lack Glenn T and Lack Jeanine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,250
Interest Rate
7.02%

Purchase Details

Closed on
Mar 26, 2001
Sold by
Caswell Marvin C and Price Susan Gail Caswell
Bought by
Barker Richard G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,250
Interest Rate
7.02%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $124,500 Sunbelt Title Agency
Quit Claim Deed -- Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $146,250 New Conventional
Closed $30,000 Unknown
Closed $134,000 Fannie Mae Freddie Mac
Closed $118,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Sold $335,000 -11.6% $166 / Sq Ft
05/25/2025 05/25/25 Price Changed $379,000 -2.6% $188 / Sq Ft
04/26/2025 04/26/25 Price Changed $389,000 -2.5% $193 / Sq Ft
04/08/2025 04/08/25 Price Changed $399,000 -6.1% $198 / Sq Ft
03/08/2025 03/08/25 For Sale $425,000 -- $211 / 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 $3,181 $235,625 -- --
2023 $3,181 $228,762 $0 $0
2022 $2,908 $222,099 $0 $0
2021 $2,791 $215,630 $0 $0
2020 $2,570 $212,653 $0 $0
2019 $2,500 $207,872 $0 $0
2018 $2,463 $203,015 $0 $0
2017 $2,438 $198,839 $0 $0
2016 $2,432 $194,749 $0 $0
2015 $2,476 $193,395 $0 $0
2014 $1,668 $137,406 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 771157

Central Panhandle Association of REALTORS®

APN: 14926-000-000