NOT LISTED FOR SALE

5514 Mars Hill Ln Unit Lot 01 Panama City, FL 32404

Estimated Value: $372,725 - $431,000

5 Beds
3 Baths
2,495 Sq Ft
$158/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $350,175 $140 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,470/month

10 Days on Market

Highlights

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

About This Home

As of October 2022

Welcome to Mars Hill! Mars Hill is centrally located in Bay County, Florida. It is a short drive to Tyndall Air Force Base, and the Naval Station located on Panama City Beach. The Sawyer plan is a stunning 5 bed, 3 bath, 2 car garage home. Interior features include laminate kitchen and bath countertops with over-mount sinks, traditional 8' ceilings, and beautiful ivory painted cabinetry. Vinyl flooring is throughout the entire home with plush carpet in all bedrooms. The home also features Whirlpool Stainless steel appliances which include a free-standing electric range, dishwasher, and microwave.

Last Agent to Sell the Property

Mark Miles

DR Horton Realty of Emerald Coast, LLC License #SL3432477 Listed on: 09/12/2022

DR Horton Realty of Emerald Coast, LLC

Last Buyer's Agent

Christina Daniels

Keller Williams Success Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,709

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 7,841 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

  • 2,495 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

  • Association fees include legal/accounting
  • Mars Hill Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,709

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: 2495.0
  • 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

Fee Information

  • Association Fee Includes: Legal/Accounting

Schools

  • Middle Or Junior School: Merritt Brown

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 7841.0
  • 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
Sep 12, 2022
Closed on
Oct 27, 2022
Sold by
Dr Horton Inc
Bought by
Kramer Cory John and Kramer Lehua Kehaulani
Seller's Agent
Mark Miles
DR Horton Realty of Emerald Coast, LLC
Buyer's Agent
Christina Daniels
Keller Williams Success Realty
List Price
$368,325
Sold Price
$350,175
Premium/Discount to List
-$18,150
-4.93%
Current Estimated Value
$382,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,370
Avg. Annual Appreciation
1.90%
Original Mortgage
$362,781
Outstanding Balance
$352,406
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$16,614
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
Kramer Cory John $350,175 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kramer Cory John $362,781
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2023 01/22/23 Off Market $350,175 -- --
10/26/2022 10/26/22 Sold $350,175 +0.1% $140 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
09/17/2022 09/17/22 Price Changed $349,900 -5.0% $140 / Sq Ft
09/12/2022 09/12/22 For Sale $368,325 -- $148 / 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 $3,709 $312,109 $52,678 $259,431
2023 $3,709 $292,953 $45,808 $247,145
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

    1,601 Total Sales

    Section Image
  • Christina Daniels

    Buyer's Agent in 2022

    Christina Daniels

    Keller Williams Success Realty

    (850) 890-2320

    609 Total Sales

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 732079

Central Panhandle Association of REALTORS®

APN: 05658-450-010

Florida Bay County Panama City 32404

5514 Mars Hill Ln Unit Lot 01, Panama City, FL

This home is located at 5514 Mars Hill Ln Unit Lot 01, Panama City, FL 32404 since 12 September 2022 and is currently estimated at $395,181, approximately $158 per square foot. This property was built in 2022. 5514 Mars Hill Ln Unit Lot 01 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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