NOT LISTED FOR SALE

5505 Mars Hill Ln Unit Lot 36 Panama City, FL 32404

Estimated Value: $314,590 - $367,000

4 Beds
2 Baths
1,787 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $304,900 $171 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,100/month

199 Days on Market

Highlights

  • Craftsman Architecture
  • Living Room
  • Kitchen Island
  • Covered Patio or Porch
  • Smart Technology
  • Landscaped

About This Home

As of October 2022

The Cali plan located in the new Mars Hill community, is a beautiful 4 bed, 2, bath, 2 car garage home. As you enter this Cali, you will find quality paint with orange peel textured walls and traditional 8' ceilings. Vinyl flooring is throughout all common areas of the home, with carpet in all bedrooms. The kitchen has a center island, a pantry, beautiful stained cabinetry and durable laminate countertops. Bedroom 1 features a private bath with a large walk-in closet, dual sink vanity, and a separate shower/tub combo. One of the remarkable features of this community is that it is located directly across from Majette Park, which is home to Panama City's only Disc Golf Course. Mars Hill is also a short drive to Tyndall Air Force Base, and the Naval Station located on Panama City Beach.

Last Agent to Sell the Property

Mark Miles

DR Horton Realty of Emerald Coast, LLC License #SL3432477 Listed on: 03/15/2022

DR Horton Realty of Emerald Coast, LLC

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,381

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Landscaped

HOA Fees

  • $49 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 1,787 Sq Ft Home
  • Living Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Air
  • Electric Water Heater

Additional Features

  • Smart Technology
  • Covered Patio or Porch

Community Details

  • Association fees include management
  • Mars Hill Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,381

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$49 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Accessibility Features: Smart Technology
  • Year Built: 2022
  • Property Sub Type: Detached
  • Lot Size Acres: 0.14
  • Lot Size: 50x120
  • 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, Disposal, Microwave
  • Interior Amenities: Kitchen Island
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1787.0
  • Dining Room Type: Bedroom, Kitchen, Living Room
  • ResoLivingAreaSource: Plans

Exterior Features

  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Under Construction
  • Roof: 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
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 588.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Middle Or Junior School: Merritt Brown

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 6098.0
  • 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
Oct 28, 2022
Sold by
Dr Horton Inc
Bought by
Chaney Joshua
Seller's Agent
Mark Miles
DR Horton Realty of Emerald Coast, LLC
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$309,650
Sold Price
$304,900
Premium/Discount to List
-$4,750
-1.53%
Current Estimated Value
$332,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,248
Avg. Annual Appreciation
2.17%
Original Mortgage
$311,912
Outstanding Balance
$300,841
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$23,484
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
Chaney Joshua $304,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaney Joshua $311,912
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2023 01/22/23 Off Market $304,900 -- --
10/28/2022 10/28/22 Sold $304,900 0.0% $171 / Sq Ft
10/01/2022 10/01/22 Pending -- -- --
09/17/2022 09/17/22 Price Changed $304,900 -1.5% $171 / Sq Ft
09/01/2022 09/01/22 For Sale $309,650 0.0% $173 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/22/2022 06/22/22 Price Changed $309,650 -4.7% $173 / Sq Ft
06/08/2022 06/08/22 Price Changed $324,900 -2.9% $182 / Sq Ft
06/07/2022 06/07/22 Price Changed $334,650 +3.0% $187 / Sq Ft
06/07/2022 06/07/22 Price Changed $324,900 -2.9% $182 / Sq Ft
03/31/2022 03/31/22 Price Changed $334,650 +1.5% $187 / Sq Ft
03/15/2022 03/15/22 For Sale $329,650 -- $184 / 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 $3,381 $255,675 $65,847 $189,828
2023 $3,381 $266,773 $57,260 $209,513
2022 $421 $36,473 $36,473 $0
2021 $251 $21,077 $21,077 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Miles

    Seller's Agent in 2022

    Mark Miles

    DR Horton Realty of Emerald Coast, LLC

    (850) 660-1701

    1,562 Total Sales

    Mark Miles
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    NON-MEMBER OFFICE

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 723693

Central Panhandle Association of REALTORS®

APN: 05658-450-360

Florida Bay County Panama City 32404

5505 Mars Hill Ln Unit Lot 36, Panama City, FL

This home is located at 5505 Mars Hill Ln Unit Lot 36, Panama City, FL 32404 since 15 March 2022 and is currently estimated at $332,148, approximately $185 per square foot. This property was built in 2022. 5505 Mars Hill Ln Unit Lot 36 is a home located in Bay County with nearby schools including Tommy Smith Elementary School, Merritt Brown Middle School, and Rutherford 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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