NOT LISTED FOR SALE

5501 Mars Hill Ln Unit Lot 38 Panama City, FL 32404

Estimated Value: $362,000 - $393,000

5 Beds
3 Baths
2,483 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $359,850 $145 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,366/month

15 Days on Market

Highlights

  • Craftsman Architecture
  • Living Room
  • Kitchen Island
  • Porch
  • Smart Technology
  • Landscaped

About This Home

As of August 2022

The Sawyer floor plan features an open concept living area with large kitchen and dining area. This exceptional floor plan has 5 bedrooms with one that could be used as an office or wellness room, it also has a large walk-in closet. Bedroom one features a large bath with walk-in closets, a large soak tub, separate shower and dual sink vanity. Three bedrooms are located on the front of the home just off the entry way. The kitchen features a center island and the spacious laundry room leads out to the garage. With so much space, this home is perfect for entertaining and family gatherings.

Last Agent to Sell the Property

Emily Natalio

DR Horton Realty of Emerald Coast, LLC License #SL3386948 Listed on: 03/15/2022

DR Horton Realty of Emerald Coast, LLC

Last Buyer's Agent

Cindy Hamre

Full Sail Realty of NWFL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,183

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 7,797 Sq Ft Lot
  • Lot Dimensions are 65x121
  • Landscaped

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,483 Sq Ft Home
  • Living Room
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

  • Central Air
  • Electric Water Heater

Additional Features

  • Smart Technology
  • Porch

Community Details

  • Mars Hill Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,183

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$48 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Accessibility Features: Smart Technology
  • Year Built: 2022
  • Property Sub Type: Detached
  • Lot Size Acres: 0.18
  • Lot Size: 65x121
  • Road Surface Type: Paved
  • Subdivision Name: Mars Hill
  • Architectural Style: Craftsman
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Interior Amenities: Kitchen Island
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 2483.0
  • Dining Room Type: Bedroom, Garage, Living Room, Porch
  • ResoLivingAreaSource: Plans

Exterior Features

  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Property Condition: Under Construction
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Garage Door Opener
  • Garage: Yes

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Electric, Other, See Remarks
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 575.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Merritt Brown

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 7797.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: Tommy Smith
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
Aug 18, 2022
Sold by
Dr Horton Inc
Bought by
Cox James Hans and Cox Theresa L
Seller's Agent
Emily Natalio
DR Horton Realty of Emerald Coast, LLC
Buyer's Agent
Cindy Hamre
Full Sail Realty of NWFL
List Price
$359,850
Sold Price
$359,850
Current Estimated Value
$376,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,831
Avg. Annual Appreciation
0.65%
Original Mortgage
$353,331
Outstanding Balance
$340,058
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$26,956
Source: Public Records

Range of Values:

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Average Value
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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
Cox James Hans $359,850 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox James Hans $15,330
Open Cox James Hans $353,331
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2022 11/17/22 Off Market $359,850 -- --
08/18/2022 08/18/22 Sold $359,850 0.0% $145 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $359,850 -- $145 / 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 $3,183 $298,756 -- --
2023 $3,183 $290,054 $45,808 $244,246
2022 $421 $36,473 $36,473 $0
2021 $251 $21,077 $21,077 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 723688

Central Panhandle Association of REALTORS®

APN: 05658-450-380