NOT LISTED FOR SALE

544 Magnolia Ave Panama City, FL 32401

Downtown Neighborhood

Estimated Value: $310,378

-- Bed
-- Bath
1,540 Sq Ft
$202/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $160,000 $104 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,034/month

117 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • 1-Story Property
  • No HOA

About This Home

As of September 2016

The office has been completely renovated inside and out. This is a must see for any professional looking for an office in Downtown Panama City. The freestanding office building is located Downtown Panama City within 2 blocks of the Courthouse and in site of the State Attorney's Office. Located just south of 6th Street with double road frontage on Magnolia Avenue and McKenzie Avenue directly across the street from the Grocery Outlet. Five private offices, lobby/reception, admin/support area, work space, 3 half baths and one full bathroom with a shower. All of the bathrooms have all new cabinets and fixtures including granite counters, etc. New hardwood floors throughout, except for the bathrooms that have new tile. Ideal location for medical or professional office.

Last Agent to Sell the Property

Chris McCall

Counts Real Estate Group Inc Listed on: 05/23/2016

Last Buyer's Agent

Chris McCall

Coldwell Banker Commercial NRT

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,104

Year Built

  • Built in 1984

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 40 x 160
  • Zoning described as City,General Commercial

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Tile

Schools

  • Cherry Street Elementary School
  • Jinks Middle School
  • Bay High School

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Property Details

Property Type

Other

Est. Annual Taxes

$4,104

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1984
  • Property Sub Type: Other
  • Lot Size Acres: 0.15
  • Lot Size: 40 X 160
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: CommercialSale
  • Property Sub Type Additional: Other
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Commercial
  • Flooring: Hardwood, Tile
  • Living Area: 1540.0

Exterior Features

  • Construction Type: Stucco
  • Roof: Metal

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Cooling: Central Air, Electric
  • Green Building Features: Handicap Access, Office
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Zoning Description: City,General Commercial

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2021
Sold by
Abernathy Larry and Abernathy Deborah
Bought by
Hpp Properties Llc
Current Estimated Value
$310,378

Purchase Details

Listed on
May 23, 2016
Closed on
Sep 30, 2016
Sold by
Bay Dental Center Pa
Bought by
Abernathy Larry and Abernathy Deborah
Seller's Agent
Chris McCall
Counts Real Estate Group Inc
Buyer's Agent
Chris McCall
Coldwell Banker Commercial NRT
List Price
$199,999
Sold Price
$160,000
Premium/Discount to List
-$39,999
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%

Purchase Details

Closed on
Apr 9, 2009
Sold by
John Ratowski Dmd Pa
Bought by
Bay Dental Center Pa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 2003
Sold by
Goss Neal G and Goss Helen S
Bought by
John Ratowski Dmd Pa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8%
Mortgage Type
Seller Take Back
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
Hpp Properties Llc $212,500 Cornerstone Title Agency Inc
Abernathy Larry $160,000 First International Title In
Bay Dental Center Pa $150,000 Isler & Associates Title Inc
John Ratowski Dmd Pa $99,500 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hpp Properties Llc $170,000
Previous Owner Bay Dental Center Pa $173,212
Previous Owner Bay Dental Center Pa $312,000
Previous Owner Bay Dental Center Pa $120,000
Previous Owner John Ratowski Dmd Pa $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $160,000 -- --
09/30/2016 09/30/16 Sold $160,000 -20.0% $104 / Sq Ft
09/17/2016 09/17/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $199,999 -- $130 / 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 $4,104 $194,106 $38,400 $155,706
2023 $4,104 $192,443 $33,408 $159,035
2022 $3,871 $189,500 $28,800 $160,700
2021 $2,817 $114,528 $0 $0
2020 $2,273 $104,116 $22,400 $81,716
2019 $2,025 $105,685 $22,400 $83,285
2018 $3,080 $164,324 $0 $0
2017 $2,687 $149,385 $0 $0
2016 $2,762 $150,653 $0 $0
2015 $2,828 $150,654 $0 $0
2014 $2,495 $134,677 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Chris McCall

    Counts Real Estate Group Inc

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 646527

Central Panhandle Association of REALTORS®

APN: 19763-000-000

Florida Bay County Panama City 32401 Downtown

544 Magnolia Ave, Panama City, FL

This home is located at 544 Magnolia Ave, Panama City, FL 32401 since 23 May 2016 and is currently estimated at $310,378, approximately $201 per square foot. This property was built in 1984. 544 Magnolia Ave is a home located in Bay County with nearby schools including Merriam Cherry Street Elementary School, Jinks Middle School, and Bay High 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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