NOT LISTED FOR SALE

5518 Lexa Ln Panama City, FL 32404

Estimated Value: $283,000 - $305,322

4 Beds
2 Baths
1,398 Sq Ft
$211/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $271,990 $195 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,856/month

148 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Under Construction
  • Great Room
  • Central Air
  • Heating Available

About This Home

As of November 2022

Prepare to be impressed by this DELIGHTFUL New home in the _Butler Farms Community! The desirable 1402 Plan features an open Great room that flows into a well-appointed kitchen. The Kitchen features gorgeous cabinets, granite countertops, and Stainless-Steel Steel Appliances (Includes Range with Microwave and Dishwasher). The primary suite has a private bath with dual vanity sinks and a roomy walk-in closet. This desirable plan also comes complete with a 2-car garage.

Last Agent to Sell the Property

JAMIE CHUNG WHITFIELD

WJH Brokerage FL LLC Listed on: 04/22/2022

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,457

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 5,663 Sq Ft Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,398 Sq Ft Home
  • Great Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Air
  • Heating Available

Community Details

  • Burg Management Association

Listing and Financial Details

  • Tax Lot 04

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,457

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Detached
  • Lot Size Acres: 0.13
  • Lot Size: 5662
  • Subdivision Name: [No Recorded Subdiv]
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: NewHome

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1398.0
  • Dining Room Type: Bedroom, Great Room, Kitchen
  • ResoLivingAreaSource: Plans

Exterior Features

  • Waterfront: No
  • Property Condition: Under Construction

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association Name: Burg Management
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other, See Remarks

Schools

  • Middle Or Junior School: Merritt Brown

Lot Info

  • Lot Size Sq Ft: 5663.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 57.0
  • Tax Lot: 04
  • Tax Year: 2021

MLS Schools

  • Elementary School: Tommy Smith
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Nov 23, 2022
Sold by
Wjh Llc
Bought by
Hopp James and Hopp Justine Marie
Seller's Agent
JAMIE CHUNG WHITFIELD
WJH Brokerage FL LLC
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$320,990
Sold Price
$271,990
Premium/Discount to List
-$49,000
-15.27%
Views
2
Current Estimated Value
$295,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,341
Avg. Annual Appreciation
3.04%
Original Mortgage
$141,000
Outstanding Balance
$137,006
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$158,325
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
Hopp James $271,000 Parkway Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hopp James E $40,000
Open Hopp James $141,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2023 01/22/23 Off Market $271,990 -- --
11/23/2022 11/23/22 Sold $271,990 -1.1% $195 / Sq Ft
09/18/2022 09/18/22 Pending -- -- --
09/07/2022 09/07/22 Price Changed $274,990 -1.4% $197 / Sq Ft
08/17/2022 08/17/22 Price Changed $278,990 -1.8% $200 / Sq Ft
08/02/2022 08/02/22 Price Changed $283,990 -1.0% $203 / Sq Ft
06/29/2022 06/29/22 Price Changed $286,990 -3.4% $205 / Sq Ft
06/15/2022 06/15/22 Price Changed $296,990 -6.0% $212 / Sq Ft
05/25/2022 05/25/22 Price Changed $315,990 -1.6% $226 / Sq Ft
05/11/2022 05/11/22 Price Changed $320,990 -0.6% $230 / Sq Ft
05/04/2022 05/04/22 Price Changed $322,990 +0.6% $231 / Sq Ft
04/22/2022 04/22/22 For Sale $320,990 -- $230 / 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 $2,457 $234,644 $65,847 $168,797
2023 $2,457 $232,066 $57,260 $174,806
2022 $632 $54,709 $54,709 $0
2021 $57 $4,750 $4,750 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    JAMIE CHUNG WHITFIELD

    WJH Brokerage FL LLC

    (904) 618-3219

    1,583 Total Sales

    JAMIE CHUNG WHITFIELD
    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: 725484

Central Panhandle Association of REALTORS®

APN: 05641-950-040

Florida Bay County Panama City 32404

5518 Lexa Ln, Panama City, FL

This home is located at 5518 Lexa Ln, Panama City, FL 32404 since 22 April 2022 and is currently estimated at $295,331, approximately $211 per square foot. This property was built in 2022. 5518 Lexa Ln 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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