$323,000 - $334,000
RENTED APR 12, 2025

5531 Frank Hough Rd Panama City, FL 32404

3 Beds
2 Baths
1,782 Sq Ft
$185 Price per Sq Ft

Last Sold October 04, 2021

Last sale price $270,000 $152 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,014/month

Highlights

  • Contemporary Architecture
  • 2 Car Attached Garage
  • Tile Flooring
  • Covered Patio or Porch
  • Double Pane Windows
  • Central Heating and Cooling System

About This Home

As of April 2025

Welcome to the popular Cherokee Heights subdivision. This is a beautiful 3 bedroom, 2 bath home with a 2 car garage. It has 1782SF of indoor living space. Spacious family room opening into the kitchen & dining area. The kitchen comes equipped with refrigerator, dishwasher, microwave, and range. Large master bedroom suite, plus the master bath includes double vanity sinks, soaking tub, separate shower, and fully walk-in closet. Tile and plank flooring throughout this home. The backyard is privacy fenced and has open back patio ideal for outdoor living and entertaining. The Both Tommy Smith Elementary and Merritt Brown School are within the subdivision. This home is convenient to Tyndall AFB, shopping, schools, Panama City beach, and much more! Pets are subject to approval by property owner. Call to schedule a tour.

Last Agent to Rent the Property

Adam Drysdale

St Andrew Shores Realty Serv License #658272 Listed on: 03/06/2025

Co-Listed By

Amanda Vanover

St Andrew Shores Realty Serv

Last Renter's Agent

Amanda Vanover

St Andrew Shores Realty Serv

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,789

Year Built

  • Built in 2006

Lot Details

  • 9,845

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,782 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Cherokee Heights Phase III Subdivision

Listing and Financial Details

  • Property Available on 4/1/25
  • Tenant pays for all utilities, grounds care
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,789

Year Built

Built in 2006

Lot Details

0

Parking

2

Rental Info

  • Lease Amount: 2300.0
  • Lease Term: 12 Months
  • Tenant Pays: All Utilities, Grounds Care
  • Available Date: 2025-04-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2006
  • Property Sub Type: Detached
  • Co List Office Mls Id: BLCK
  • Co List Office Phone: (850) 763-0320
  • Subdivision Name: Cherokee Heights Phase III
  • Architectural Style: Contemporary
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: ResidentialLease
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Free-Standing Range, Microwave, Range, Refrigerator, Water Heater, ElectricWater Heater
  • Interior Amenities: Pantry, Split Bedrooms, Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Plank, Tile, Vinyl
  • Living Area: 1782.0
  • Window Features: Double Pane Windows, Some Window Treatments

Exterior Features

  • Patio And Porch Features: Covered, Open, Patio

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes

Schools

  • Middle Or Junior School: Merritt Brown

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Zoning Description: Resid Single Family

MLS Schools

  • Elementary School: Tommy Smith
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Sep 30, 2021
Sold by
Agreserves Inc
Bought by
Hagel Ty Jordan
Seller's Agent
David Dees
Paradise Realty
Buyer's Agent
Kelly Flanagan
Keller Williams Success Realty
List Price
$260,000
Sold Price
$270,000
Premium/Discount to List
$10,000
3.85%
Current Estimated Value
$329,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,594
Avg. Annual Appreciation
5.22%
Original Mortgage
$279,720
Outstanding Balance
$255,631
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$73,963

Purchase Details

Listed on
Aug 20, 2014
Closed on
Oct 3, 2014
Sold by
U S Bank National Association
Bought by
Agreserves Inc
Seller's Agent
Diane Mckay
Coldwell Banker Carroll Realty
Buyer's Agent
Sonya Sabo
ERA Neubauer Real Estate Inc
List Price
$189,900
Sold Price
$176,000
Premium/Discount to List
-$13,900
-7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%

Purchase Details

Closed on
Jun 17, 2014
Sold by
Nadeau Terry
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Sep 29, 2006
Sold by
Rn Developers Llc
Bought by
Nadeau Terry and Retherford Kris

Purchase Details

Closed on
Aug 23, 2005
Sold by
72 Land Developers Inc
Bought by
Rn Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,625
Interest Rate
5.61%
Mortgage Type
Balloon
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
Hagel Ty Jordan $270,000 Cornerstone Title Agency Inc
Agreserves Inc $176,000 Attorney
U S Bank National Association -- Attorney
Flagstar Bank Fsb $77,800 None Available
Nadeau Terry -- Diamond Title Agency Inc
Rn Developers Llc $312,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hagel Ty Jordan $279,720
Previous Owner Rn Developers Llc $265,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2025 04/12/25 Rented $2,300 0.0% --
03/24/2025 03/24/25 Under Contract -- -- --
03/06/2025 03/06/25 For Rent $2,300 0.0% --
07/05/2022 07/05/22 Off Market $270,000 -- --
06/20/2022 06/20/22 Off Market $176,000 -- --
10/04/2021 10/04/21 Sold $270,000 +3.8% $156 / Sq Ft
08/24/2021 08/24/21 For Sale $260,000 +47.7% $150 / Sq Ft
10/07/2014 10/07/14 Sold $176,000 -7.3% $99 / Sq Ft
09/24/2014 09/24/14 Pending -- -- --
08/20/2014 08/20/14 For Sale $189,900 -- $107 / 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 $2,789 $266,336 -- --
2023 $2,789 $258,579 $46,424 $212,155
2022 $2,818 $240,636 $44,245 $196,391
2021 $1,847 $151,947 $34,822 $117,125
2020 $1,764 $143,502 $34,433 $109,069
2019 $1,683 $136,949 $32,634 $104,315
2018 $1,776 $142,646 $0 $0
2017 $1,813 $143,040 $0 $0
2016 $1,882 $144,595 $0 $0
2015 $1,965 $146,149 $0 $0
2014 $1,993 $148,446 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Drysdale

    Landlord's Agent in 2025

    Adam Drysdale

    St Andrew Shores Realty Serv

    (850) 832-2316

    48 Total Sales

    Adam Drysdale
    Section Image

  • A

    Landlord's Co-Listing Agent in 2025

    Amanda Vanover

    St Andrew Shores Realty Serv

    (850) 818-2349

    18 Total Sales

    Amanda Vanover
    Section Image

  • D

    Seller's Agent in 2021

    David Dees

    Paradise Realty

    (850) 814-2613

    25 Total Sales

    David Dees
    Section Image
  • Kelly Flanagan

    Buyer's Agent in 2021

    Kelly Flanagan

    Keller Williams Success Realty

    (678) 898-1665

    87 Total Sales

    Kelly Flanagan
    Section Image
  • Diane Mckay

    Seller's Agent in 2014

    Diane Mckay

    Coldwell Banker Carroll Realty

    (850) 596-1378

    62 Total Sales

    Diane Mckay
    Section Image

  • S

    Buyer's Agent in 2014

    Sonya Sabo

    ERA Neubauer Real Estate Inc

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 769878

Central Panhandle Association of REALTORS®

APN: 05860-410-000

Florida Bay County Panama City 32404

5531 Frank Hough Rd, Panama City, FL

This home is located at 5531 Frank Hough Rd, Panama City, FL 32404 since 06 March 2025 and is currently priced at $329,594. This property was built in 2006. 5531 Frank Hough Rd is a home located in Bay County with nearby schools including Tommy Smith Elementary School, Merritt Brown Middle School, and Bay 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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