NOT LISTED FOR SALE

5427 Sunset Ave Panama City, FL 32408

Lower Grand Lagoon Area

Estimated Value: $238,000 - $332,000

2 Beds
1.5 Baths
1,218 Sq Ft
$234/Sq Ft Est. Value

Sale Details

Date Sold: September 8, 2016

Last sale price $119,000 $98 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $2,065 / mo

Highlights

  • Sun or Florida Room
  • No HOA
  • Balcony
  • Patronis Elementary School Rated A-
  • Covered Patio or Porch
  • Living Room

About This Home

As of September 2016

Charming 2 bedroom, 1.5 bathroom end unit townhome located in a perfect location just 3 blocks from 2 beach accesses, close to Schooners, Grand Lagoon, and just a short distance to the Navy Base. Both bedrooms are located upstairs and share a full bathroom. There is a half bath on the main floor. One bedroom faces the gulf, has its own balcony overlooking the privacy fenced backyard, and a 13' long double closet. Because this is an end unit with side yard, owner has outside access to the backyard. There is also an outdoor shower that allows for one to rinse off ''the beach'' before entering the home. Home features inside laundry room, sunroom, nearly new HVAC inside & out, freshly painted interior and outside trim, updated toilets, panel doors, and lighting fixtures/fans. Storage shed in backyard. Dedicated driveway accommodates four normal sized cars. No HOA fees. This attractive home is a steal at this price! Info is reliable but not guaranteed.

Last Agent to Sell the Property

Carolyn Basham

Berkshire Hathaway HomeServices Beach Properties of Florida License #3076546 Listed on: 07/27/2016

Berkshire Hathaway HomeServices Beach Properties of Florida

Last Buyer's Agent

Carolyn Basham

Berkshire Hathaway HomeServices Beach Properties of Florida License #3076546 Listed on: 07/27/2016

Berkshire Hathaway HomeServices Beach Properties of Florida

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $975

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 27x120
  • Fenced

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Electric Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Biltmore Beach Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$975

Year Built

Built in 1984

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Attached
  • Lot Size: 27x120
  • Subdivision Name: Biltmore Beach
  • Structure Type: Townhouse
  • Property Sub Type Additional: Attached,Townhouse
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Electric Water Heater
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Half Bath, Kitchen, Laundry, Living Room, Primary Bedroom, Other, Porch, Sunroom

Exterior Features

  • Fencing: Fenced, Privacy
  • Construction Type: Stucco
  • Exterior Features: Outdoor Shower
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony, Covered, Patio
  • Roof: Shake

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: Electricity Available, Water Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Sprinkler System, Paved
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Multi-Family, Resid Single Family

Multi Family

  • Number Of Units Total: 5
  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 975.0
  • Tax Year: 2015

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

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
Jul 27, 2016
Closed on
Sep 8, 2016
Sold by
Cothern Lance M
Bought by
Seller's Agent
Carolyn Basham
Berkshire Hathaway HomeServices Beach Properties of Florida
Buyer's Agent
Carolyn Basham
Berkshire Hathaway HomeServices Beach Properties of Florida
List Price
$119,900
Sold Price
$119,000
Premium/Discount to List
-$900
-0.75%
Current Estimated Value
$340,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,867
Avg. Annual Appreciation
9.16%
Original Mortgage
$95,200
Outstanding Balance
$74,292
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$210,902

Purchase Details

Closed on
Aug 31, 2011
Sold by
York Larry T and York Carolyn
Bought by
Cothern Lance M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,200
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2005
Sold by
Brunner Karen
Bought by
York Larry T and York Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,680
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 30, 2002
Sold by
Head Adele
Bought by
Brunner Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Panama City, FL

  • Laurie McKay Real Estate Agent - Coastal Living Realty & Associates

    Laurie McKay

    Coastal Living Realty & Associates

    (850) 818-8961

    38 Total Sales

    1 in Lower Grand Lagoon

    $270,000 Price

    Laurie McKay
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  • Renae Cooper Real Estate Agent - Real Broker LLC

    Renae Cooper

    Real Broker LLC

    (850) 919-3007

    36 Total Sales

    1 in Lower Grand Lagoon

    $570,000 Price

    Renae Cooper
     Section Image
  • Jen LaChance Real Estate Agent - SimpliHOM

    Jen LaChance

    SimpliHOM

    (573) 490-3582

    27 Total Sales

    5 in Lower Grand Lagoon

    $315K - $636K Price Range

    Jen LaChance
     Section Image
  • JOE NACCHIA Real Estate Agent - Berkshire Hathaway Home Services PenFed Realty

    JOE NACCHIA

    Berkshire Hathaway Home Services PenFed Realty

    (850) 716-1434

    125 Total Sales

    1 in Lower Grand Lagoon

    $558,000 Price

    JOE NACCHIA
     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 Lower Grand Lagoon

    $410,000 Price

    Paul LaCourse
     Section Image
  • Jutta Schneider Real Estate Agent - Lucky Palms Realty

    Jutta Schneider

    Lucky Palms Realty

    (850) 749-4012

    138 Total Sales

    1 in Lower Grand Lagoon

    $430,000 Price

    Jutta Schneider
     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
$119,000 First American Title Ins Co
Cothern Lance M $79,000 Cornerstone Title Agency Inc
York Larry T $170,000 --
Brunner Karen $74,000 --
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 $95,200
Previous Owner Cothern Lance M $63,200
Previous Owner York Larry T $155,000
Previous Owner York Larry T $121,680
Previous Owner Brunner Karen $59,200
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
07/05/2022 07/05/22 Off Market $119,000 -- --
09/08/2016 09/08/16 Sold $119,000 -0.8% $98 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
07/25/2016 07/25/16 For Sale $119,900 -- $98 / 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 $2,326 $197,785
2024 $2,242 $179,805
2023 $2,242 $163,459 $70,568 $121,753
2022 $2,045 $148,600 $0 $0
2021 $1,660 $135,091 $39,054 $96,037
2020 $1,616 $131,627 $34,477 $97,150
2019 $1,469 $115,971 $27,994 $87,977
2018 $1,425 $109,667 $0 $0
2017 $1,296 $99,697 $0 $0
2016 $1,068 $77,895 $0 $0
2015 $975 $70,814 $0 $0
2014 $982 $71,495 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • CB

    Seller's Agent in 2016

    Carolyn Basham

    Berkshire Hathaway HomeServices Beach Properties of Florida

    (850) 252-4160

    2 Total Sales

    Carolyn Basham
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 648845

Central Panhandle Association of REALTORS®

APN: 31741-010-000

Florida Bay County Panama City 32408

5427 Sunset Ave, 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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