NOT LISTED FOR SALE

5568 Mars Hill Ln Unit Lot 27 Panama City, FL 32404

Estimated Value: $415,000 - $494,000

5 Beds
3.5 Baths
4,150 Sq Ft
$113/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $439,650 $106 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,912/month

90 Days on Market

Highlights

  • Craftsman Architecture
  • Smart Technology
  • Landscaped
  • Living Room
  • Kitchen Island
  • Central Air

About This Home

As of May 2022

The Kendal is a 2 story, 5 bed, 3.5 bath with a 2 car garage floorplan located in the new Mars Hill community! Interior features of this home include laminate kitchen and bath countertops with over-mount sinks, traditional 8' ceilings, and beautiful ivory painted cabinetry. Vinyl flooring is throughout the home with plush carpet in all bedrooms, stairs, and upstairs hallway. The home also features Whirlpool Stainless steel appliances which include a free-standing electric range, dishwasher, and microwave. 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

Emily Natalio

DR Horton of NWFL LLC License #SL3386948 Listed on: 12/21/2021

Last Buyer's Agent

Emily Natalio

DR Horton Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,036

Year Built

  • Built in 2021

Lot Details

  • 7,797 Sq Ft Lot
  • Lot Dimensions are 65x121
  • Landscaped

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

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

Interior Spaces

  • 4,150 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms

Accessible Home Design

  • Smart Technology

Schools

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

Utilities

  • Central Air
  • Electric Water Heater

Community Details

  • Association fees include management
  • Burg Management Association
  • Mars Hill Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,036

Year Built

Built in 2021

Lot Details

0

HOA Fees

$48 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Accessibility Features: Smart Technology
  • Year Built: 2021
  • 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: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave
  • Interior Amenities: Kitchen Island, Pantry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 4150.0
  • Dining Room Type: Bedroom, Kitchen, Living Room
  • Stories: 2
  • ResoLivingAreaSource: Plans

Exterior Features

  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage
  • 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: 575.0
  • Association Fee Frequency: Annually
  • Association Name: Burg Management
  • 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: 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

Listed on
Dec 21, 2021
Closed on
May 25, 2022
Sold by
Dr Horton Inc
Bought by
Gray Heather Laura and Gray Joseph Louis
Seller's Agent
Emily Natalio
DR Horton of NWFL LLC
Buyer's Agent
Emily Natalio
DR Horton Inc.
List Price
$421,600
Sold Price
$439,650
Premium/Discount to List
$18,050
4.28%
Current Estimated Value
$467,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,891
Avg. Annual Appreciation
1.88%
Original Mortgage
$339,650
Outstanding Balance
$322,885
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$144,656
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
Gray Heather Laura $439,650 Dhi Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Heather Laura $339,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2022 11/02/22 Off Market $439,650 -- --
05/25/2022 05/25/22 Sold $439,650 0.0% $106 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
02/28/2022 02/28/22 Price Changed $439,650 +1.2% $106 / Sq Ft
02/03/2022 02/03/22 Price Changed $434,650 +1.2% $105 / Sq Ft
01/11/2022 01/11/22 Price Changed $429,650 +1.2% $104 / Sq Ft
01/10/2022 01/10/22 Price Changed $424,650 0.0% $102 / Sq Ft
01/04/2022 01/04/22 Price Changed $424,600 +0.7% $102 / Sq Ft
12/21/2021 12/21/21 For Sale $421,600 -- $102 / 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 $4,036 $368,900 -- --
2023 $4,036 $358,155 $0 $0
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

    327 Total Sales

    Emily Natalio
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 720363

Central Panhandle Association of REALTORS®

APN: 05658-450-270

Florida Bay County Panama City 32404

5568 Mars Hill Ln Unit Lot 27, Panama City, FL

This home is located at 5568 Mars Hill Ln Unit Lot 27, Panama City, FL 32404 since 21 December 2021 and is currently estimated at $467,541, approximately $112 per square foot. This property was built in 2021. 5568 Mars Hill Ln Unit Lot 27 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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