NOT LISTED FOR SALE

5575 Mars Hill Ln Panama City, FL 32404

Estimated Value: $376,684 - $435,000

5 Beds
3 Baths
2,483 Sq Ft
$158/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $362,000 $146 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,403/month

49 Days on Market

Highlights

  • Craftsman Architecture
  • 2 Car Attached Garage
  • Landscaped
  • Covered Patio or Porch
  • Kitchen Island
  • Central Heating and Cooling System

About This Home

As of December 2022

This spacious 5 bedroom, 3 bath home situated on a nice corner lot was completed new in December 2021 w/ SO MANY EXTRAS including stainless steel appliances, washer/dryer, glass shower door in master bath, blinds, fixtures to include ceiling fans, privacy fence, gutters & screened back porch. Mars Hill community is just a short distance to Tyndall, beautiful beaches, shopping, restaurants & more. This home features an open floor plan, 2 car painted garage, stainless steel appliances,garden tub in master bath, large pantry & more. This home offers the Smart Home Technology package that includes keyless entry, Skybell doorbell & a Quolsys integrated touch panel for controlling items such as automated lighting & smart thermostat.

Last Agent to Sell the Property

Holly Watkins

Own It Real Estate LLC License #3468780 Listed on: 09/14/2022

Last Buyer's Agent

Cynthia McQuaig

Latitudes Realty License #3199585

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $251

Year Built

  • Built in 2021

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 75x120
  • Fenced
  • Landscaped
  • Level Lot

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • 2,483 Sq Ft Home
  • Craftsman Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include legal/accounting
  • Mars Hill Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$251

Year Built

Built in 2021

Lot Details

0

HOA Fees

$48 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Property Sub Type: Detached
  • Lot Size Acres: 0.21
  • Lot Size: 75x120
  • 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: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: Kitchen Island, Pantry
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 2483.0
  • Dining Room Type: Bedroom
  • ResoLivingAreaSource: Plans

Exterior Features

  • Fencing: Fenced, Privacy
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch, Screened
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 575.0
  • Community Features: Sidewalks
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Legal/Accounting

Schools

  • Middle Or Junior School: Merritt Brown

Lot Info

  • Lot Features: Landscaped, Level
  • Lot Size Sq Ft: 9148.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 251.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Tommy Smith
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Dec 9, 2022
Sold by
Moore Horace Dewayne and Patty Jackson
Bought by
Jones Karl Maurice and Jones Crystal Raelynn
Seller's Agent
Holly Watkins
Own It Real Estate LLC
Buyer's Agent
Cynthia McQuaig
Latitudes Realty
List Price
$389,000
Sold Price
$362,000
Premium/Discount to List
-$27,000
-6.94%
Views
3
Current Estimated Value
$392,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,171
Avg. Annual Appreciation
2.48%
Original Mortgage
$362,000
Interest Rate
6.61%
Mortgage Type
VA
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
Jones Karl Maurice $362,000 South Oak Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Crystal Raelynn $368,950
Closed Jones Karl Maurice $362,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2023 01/22/23 Off Market $362,000 -- --
12/15/2022 12/15/22 Sold $362,000 -0.8% $146 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
10/18/2022 10/18/22 Price Changed $365,000 -3.9% $147 / Sq Ft
09/29/2022 09/29/22 Price Changed $380,000 -2.3% $153 / Sq Ft
09/15/2022 09/15/22 For Sale $389,000 -- $157 / 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 $3,186 $304,179 -- --
2023 $3,186 $295,319 $45,808 $249,511
2022 $421 $36,473 $36,473 $0
2021 $251 $21,077 $21,077 $0
Source: Public Records

Agents Affiliated with this Home

  • Holly Watkins

    Seller's Agent in 2022

    Holly Watkins

    Own It Real Estate LLC

    (850) 730-4435

    32 Total Sales

    Holly Watkins
    Section Image
  • Cynthia McQuaig

    Buyer's Agent in 2022

    Cynthia McQuaig

    Latitudes Realty

    (850) 527-3423

    49 Total Sales

    Cynthia McQuaig
    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 732262

Central Panhandle Association of REALTORS®

APN: 05658-450-520

Florida Bay County Panama City 32404

5575 Mars Hill Ln, Panama City, FL

This home is located at 5575 Mars Hill Ln, Panama City, FL 32404 since 14 September 2022 and is currently estimated at $392,171, approximately $157 per square foot. This property was built in 2021. 5575 Mars Hill 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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