NOT LISTED FOR SALE

5587 Lexa Ln Panama City, FL 32404

Estimated Value: $261,000 - $307,000

4 Beds
2 Baths
1,607 Sq Ft
$180/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $269,990 $168 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,660/month

242 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Attached Garage
  • Home to be built
  • Great Room
  • Central Air
  • Heat Pump System

About This Home

As of April 2023

Come check out this BEAUTIFUL NEW Single-Story Home in the Butler Farms Community! The desirable Covington Plan boasts an open design encompassing the Living, Dining, and Kitchen spaces. The Kitchen features gorgeous cabinets, granite countertops, and Stainless-Steel Appliances (Includes Range with Microwave hood and Dishwasher). In addition, the primary suite has a private bath with dual vanity sinks and a walk-in closet. This home also includes 3 more bedrooms and a full secondary bath.

Last Agent to Sell the Property

JAMIE CHUNG WHITFIELD

WJH Brokerage FL LLC Listed on: 08/04/2022

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $534

Year Built

  • Built in 2022

Lot Details

  • 6,316 Sq Ft Lot
  • Lot Dimensions are 116x50

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Home to be built
  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,607 Sq Ft Home
  • Great Room
  • Dishwasher
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 18

Home Details

Home Type

Single Family

Est. Annual Taxes

$534

Year Built

Built in 2022

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: 0.14
  • Lot Size: 116x50
  • Road Surface Type: Paved
  • 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

  • Appliances: Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1607.0
  • Dining Room Type: Bedroom, Great Room, Primary Bedroom
  • ResoLivingAreaSource: Plans

Exterior Features

  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Property Condition: To Be Built
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • 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: 6316.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 38.0
  • Tax Lot: 18
  • Tax Year: 2021

MLS Schools

  • Elementary School: Tommy Smith
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Apr 14, 2023
Sold by
Wjhfl Llc
Bought by
Chalabee Ali
Seller's Agent
JAMIE CHUNG WHITFIELD
WJH Brokerage FL LLC
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$269,990
Sold Price
$269,990
Views
23
Current Estimated Value
$288,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,774
Avg. Annual Appreciation
2.89%
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
Chalabee Ali $270,000 Parkway Title Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $269,990 0.0% $168 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $269,990 0.0% $168 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $269,990 0.0% $168 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/22/2023 02/22/23 Price Changed $269,990 -1.1% $168 / Sq Ft
02/15/2023 02/15/23 Price Changed $272,990 -4.5% $170 / Sq Ft
01/25/2023 01/25/23 Price Changed $285,990 0.0% $178 / Sq Ft
01/25/2023 01/25/23 For Sale $285,990 -1.4% $178 / Sq Ft
01/20/2023 01/20/23 Off Market $289,990 -- --
01/18/2023 01/18/23 Price Changed $289,990 -2.4% $180 / Sq Ft
01/09/2023 01/09/23 Price Changed $296,990 +11.7% $185 / Sq Ft
12/15/2022 12/15/22 For Sale $265,990 0.0% $166 / Sq Ft
12/15/2022 12/15/22 Price Changed $265,990 +1.1% $166 / Sq Ft
11/26/2022 11/26/22 Pending -- -- --
11/22/2022 11/22/22 Price Changed $262,990 -0.8% $164 / Sq Ft
11/04/2022 11/04/22 Price Changed $264,990 -3.6% $165 / Sq Ft
11/03/2022 11/03/22 For Sale $274,990 0.0% $171 / Sq Ft
11/03/2022 11/03/22 Price Changed $274,990 +1.9% $171 / Sq Ft
08/10/2022 08/10/22 Off Market $269,990 -- --
08/04/2022 08/04/22 For Sale $299,990 -- $187 / 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 $534 $229,239 $52,678 $176,561
2023 $534 $45,808 $45,808 $0
2022 $421 $36,473 $36,473 $0
2021 $38 $3,167 $3,167 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 730398

Central Panhandle Association of REALTORS®

APN: 05641-950-180