NOT LISTED FOR SALE

5406 Sunset Ave Panama City, FL 32408

Estimated Value: $334,000 - $452,000

2 Beds
1 Bath
2,551 Sq Ft
$150/Sq Ft Est. Value

Last Sold February 06, 2024

Last sale price $369,000 $145 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,300/month

Highlights

  • Coastal Architecture
  • Furnished
  • No HOA
  • J.R. Arnold High School Rated A-

About This Home

As of February 2024

Beach House with RV storage! This unique property is just blocks away from the beach access (walking distance), 2 bedroom, updated house, and 2 story, weather proofed, RV storage building. House can be sold completely furnished. Short term rent eligible area. The opportunities are endless for investment or storage space. Also close distance to Dolphin Boat Ramp, St Andrew's State Park and Pier.

Last Agent to Sell the Property

Coralee King

Coldwell Banker Carroll Realty License #3240533 Listed on: 01/12/2024

Coldwell Banker Carroll Realty

Last Buyer's Agent

Mila Jackson

Real Broker LLC License #3490962

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,741

Year Built

  • Built in 1975

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 120

Parking

  • 10 Covered Spaces

Home Design

  • Coastal Architecture

Interior Spaces

  • 2,551 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Community Details

  • No Home Owners Association
  • Biltmore Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,741

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Property Sub Type: Detached
  • Lot Size Acres: 0.14
  • Lot Size: 50 x 120
  • Subdivision Name: Biltmore Beach
  • Architectural Style: Coastal
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 2551.0
  • Dining Room Type: Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 10.0
  • Garage: No

Utilities

  • Utilities: Water Connected

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 6098.0

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 2741.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Feb 6, 2024
Sold by
Smith Jason L
Bought by
Elliott Joseph Fernley Step and Elliott Jonathan Stephen
Seller's Agent
Coralee King
Coldwell Banker Carroll Realty
Buyer's Agent
Mila Jackson
Real Broker LLC
List Price
$379,000
Sold Price
$369,000
Premium/Discount to List
-$10,000
-2.64%
Views
14
Current Estimated Value
$383,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,192
Avg. Annual Appreciation
2.40%

Purchase Details

Listed on
Apr 11, 2022
Closed on
Aug 8, 2022
Sold by
Craven Bobby L
Bought by
Smith Jason L
Seller's Agent
Inna McLelland
Counts Real Estate Group Inc
Buyer's Agent
Coralee Kritzer
Keller Williams Success Realty
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.80%
Original Mortgage
$240,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2021
Sold by
Christensen John Puggard and Christensen John Puggard
Bought by
Craven Bobby L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
2.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 2009
Sold by
Christensen Verner Norgard
Bought by
Christensen Verner Norgard and Christensen John Puggard
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 Buyer Sale Price Title Company
Elliott Joseph Fernley Step $370,000 Clear Title
Elliott Joseph Fernley Step $370,000 Clear Title
Smith Jason L $300,000 Mti Title
Craven Bobby L $100,000 Mti Title Insurance Agcy Inc
Christensen Verner Norgard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Jason L $240,000
Previous Owner Craven Bobby L $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2024 02/06/24 Sold $369,000 -2.6% $145 / Sq Ft
01/12/2024 01/12/24 For Sale $379,000 +26.3% $149 / Sq Ft
11/08/2022 11/08/22 Off Market $300,000 -- --
08/09/2022 08/09/22 Sold $300,000 -14.3% $387 / Sq Ft
04/11/2022 04/11/22 For Sale $350,000 -- $452 / 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 $2,741 $225,932 $137,200 $88,732
2023 $2,741 $216,068 $130,683 $85,385
2022 $1,579 $133,028 $78,400 $54,628
2021 $1,234 $99,569 $72,324 $27,245
2020 $1,366 $117,940 $63,847 $54,093
2019 $1,239 $99,327 $51,842 $47,485
2018 $1,169 $86,820 $0 $0
2017 $1,035 $78,927 $0 $0
2016 $1,054 $79,024 $0 $0
2015 $1,082 $78,917 $0 $0
2014 $1,090 $79,651 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Coralee King

    Seller's Agent in 2024

    Coralee King

    Coldwell Banker Carroll Realty

    (850) 252-5744

    2 in this area

    79 Total Sales

    Coralee King
    Section Image

  • M

    Buyer's Agent in 2024

    Mila Jackson

    Real Broker LLC

    (850) 218-7875

    3 in this area

    36 Total Sales

    Mila Jackson
    Section Image
  • Inna McLelland

    Seller's Agent in 2022

    Inna McLelland

    Counts Real Estate Group Inc

    (850) 527-4053

    4 in this area

    50 Total Sales

    Inna McLelland
    Section Image

  • C

    Buyer's Agent in 2022

    Coralee Kritzer

    Keller Williams Success Realty

  • K

    Buyer's Agent in 2022

    K. Coralee King-Denmark

    Coldwell Banker Carroll Realty

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 751247

Central Panhandle Association of REALTORS®

APN: 31784-000-000

Florida Bay County Panama City 32408

5406 Sunset Ave, Panama City, FL

This home is located at 5406 Sunset Ave, Panama City, FL 32408 since 12 January 2024 and is currently estimated at $383,192, approximately $150 per square foot. This property was built in 1975. 5406 Sunset Ave is a home located in Bay County with nearby schools including J.R. Arnold High School, Surfside Middle School, and Patronis Elementary School.

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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