NOT LISTED FOR SALE

5516 Mars Hill Ln Unit Lot 2 Panama City, FL 32404

Estimated Value: $371,721 - $375,000

5 Beds
3 Baths
2,483 Sq Ft
$150/Sq Ft Est. Value

Last Sold June 30, 2022

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

Est. 4% increase in value since last sale

Current estimated payment $2,372/month

9 Days on Market

Highlights

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

About This Home

As of June 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 of NWFL LLC License #SL3386948 Listed on: 03/15/2022

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,684

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

$3,684

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

Closed on
May 30, 2025
Sold by
Beecher Rachel Ann and Rak Stephen Albin
Bought by
Gago Joseph and Gago Maria
Current Estimated Value
$372,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,126
Outstanding Balance
$367,329
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$5,601

Purchase Details

Listed on
Mar 15, 2022
Closed on
Jun 30, 2022
Sold by
Dr Horton Inc
Bought by
Rak Stephen Albin and Beecher Rachel Ann
Seller's Agent
Emily Natalio
DR Horton of NWFL LLC
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$359,850
Sold Price
$359,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.13%
Original Mortgage
$368,126
Interest Rate
5.25%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gago Joseph $375,000 Alpha Title
Gago Joseph $375,000 Alpha Title
Rak Stephen Albin $359,850 Dhi Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gago Joseph $368,126
Closed Gago Joseph $368,126
Previous Owner Rak Stephen Albin $368,126
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2022 11/02/22 Off Market $359,850 -- --
06/30/2022 06/30/22 Sold $359,850 0.0% $145 / Sq Ft
03/25/2022 03/25/22 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 $3,684 $310,024 $52,678 $257,346
2023 $3,684 $290,968 $45,808 $245,160
2022 $421 $36,473 $36,473 $0
2021 $251 $21,077 $21,077 $0
Source: Public Records

Agents Affiliated with this Home

  • Emily Natalio

    Seller's Agent in 2022

    Emily Natalio

    DR Horton of NWFL LLC

    (850) 660-1738

    325 Total Sales

    Emily Natalio
    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: 723687

Central Panhandle Association of REALTORS®

APN: 05658-450-020

Florida Bay County Panama City 32404

5516 Mars Hill Ln Unit Lot 2, Panama City, FL

This home is located at 5516 Mars Hill Ln Unit Lot 2, Panama City, FL 32404 since 15 March 2022 and is currently estimated at $372,930, approximately $150 per square foot. This property was built in 2022. 5516 Mars Hill Ln Unit Lot 2 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.

Nearby Homes