NOT LISTED FOR SALE

5571 Mars Hill Ln Unit Lot 50 Panama City, FL 32404

Estimated Value: $367,000 - $393,000

5 Beds
3 Baths
2,495 Sq Ft
$151/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $342,300 $137 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,513/month

32 Days on Market

Highlights

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

About This Home

As of March 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. 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

Last Agent to Sell the Property

Emily Natalio

DR Horton of NWFL LLC License #SL3386948 Listed on: 11/18/2021

Last Buyer's Agent

Christina Daniels

Keller Williams Success Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 7,797 Sq Ft Lot
  • Lot Dimensions are 65x120
  • 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

  • Mars Hill Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 2021 | Under Construction

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: 65x120
  • 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 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

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
Nov 18, 2021
Closed on
Mar 25, 2022
Sold by
Dr Horton Inc
Bought by
Pressley Jeremy V and Davis Kimberly Garrett
Seller's Agent
Emily Natalio
DR Horton of NWFL LLC
Buyer's Agent
Christina Daniels
Keller Williams Success Realty
List Price
$341,800
Sold Price
$342,300
Premium/Discount to List
$500
0.15%
Current Estimated Value
$380,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,294
Avg. Annual Appreciation
2.29%
Original Mortgage
$342,300
Outstanding Balance
$323,656
Interest Rate
3.69%
Mortgage Type
VA
Estimated Equity
$45,911
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
Pressley Jeremy V $342,300 Dhi Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pressley Jeremy V $342,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2022 11/02/22 Off Market $342,300 -- --
03/25/2022 03/25/22 Sold $342,300 +0.1% $137 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $341,800 -- $137 / 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 -- $299,727 -- --
2023 -- $290,997 $45,808 $245,189
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

    887 Total Sales

    Section Image
  • Christina Daniels

    Buyer's Agent in 2022

    Christina Daniels

    Keller Williams Success Realty

    (850) 890-2320

    609 Total Sales

    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 719244

Central Panhandle Association of REALTORS®

APN: 05658-450-500

Florida Bay County Panama City 32404

5571 Mars Hill Ln Unit Lot 50, Panama City, FL

This home is located at 5571 Mars Hill Ln Unit Lot 50, Panama City, FL 32404 since 18 November 2021 and is currently estimated at $377,888, approximately $151 per square foot. This property was built in 2021. 5571 Mars Hill Ln Unit Lot 50 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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