NOT LISTED FOR SALE

5617 Hilltop Ave Panama City, FL 32408

Estimated Value: $334,000 - $384,000

2 Beds
2 Baths
936 Sq Ft
$391/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $409,000 $437 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,035/month

1 Day on Market

Highlights

  • Coastal Architecture
  • No HOA
  • Central Heating and Cooling System
  • J.R. Arnold High School Rated A-
  • Living Room
  • Dining Room

About This Home

As of June 2023

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACK UP OFFERS Introducing an incredible opportunity to own a charming 2 bedroom, 2 bathroom home in the heart of Panama City Beach. Perfectly located just 4 blocks from the pristine Gulf of Mexico and 2 blocks from a public boat launch with gulf access, this home is a true oasis for anyone who loves outdoor adventures. Situated near the popular St. Andrews State Park, this cozy home offers easy access to miles of white sandy beaches, hiking trails, and a wide range of outdoor recreational activities. This home is move-in ready and has been meticulously maintained to ensure that the new owners can enjoy it as a primary residence or vacation rental. The spacious living area is perfect for entertaining guests, while the fully equipped kitchen comes complete with appliances and plenty of storage space. A large separate laundry room with plenty of additional storage makes staying organized a breeze. The outdoor area is equally impressive, with a large backyard complete with covered porch with BBQ and firepit that's perfect for entertaining guests. There is a large storage shed with a ramp that could easily fit 2 golf carts or be used as a workshop with its built in workbench. With its unbeatable location, this home is perfect for those who love to fish, boat, or enjoy water sports. Additionally, the option to use this home as a vacation rental provides an incredible opportunity for investors to generate additional income. Don't miss out on the opportunity to own this incredible home in one of the most desirable areas of Panama City Beach. Schedule a viewing today!

Last Agent to Sell the Property

Kelly Killick

Coldwell Banker Realty License #3555354 Listed on: 05/07/2023

Last Buyer's Agent

Janet Roan

CENTURY 21 Ryan Realty Inc License #0666798

CENTURY 21 Ryan Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $531

Year Built

  • Built in 1982

Lot Details

  • 4,574 Sq Ft Lot
  • Lot Dimensions are 25x125x60x93

Parking

  • 1 Covered Space

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 936 Sq Ft Home
  • Living Room
  • Dining Room
  • Utility Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Biltmore Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / Q

Home Details

Home Type

Single Family

Est. Annual Taxes

$531

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Detached
  • Lot Size Acres: 0.1
  • Lot Size: 25X125X60X93
  • Subdivision Name: Biltmore Beach
  • Architectural Style: Coastal
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Utility Room
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 936.0
  • Dining Room Type: Bedroom, Dining Room, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Utility Room
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Exterior Features: Rain Gutters
  • Foundation Details: Slab

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage: No

Utilities

  • Utilities: Electricity Connected, Other, Septic Available, Water Connected
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 4574.0

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Block: Q
  • Tax Lot: 9

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2023
Closed on
Jun 15, 2023
Sold by
Jones Patricia E and Jones Jeffrey T
Bought by
Thoughtful Service Llc
Seller's Agent
Kelly Killick
Coldwell Banker Realty
Buyer's Agent
Janet Roan
CENTURY 21 Ryan Realty Inc
List Price
$399,000
Sold Price
$409,000
Premium/Discount to List
$10,000
2.51%
Views
15
Current Estimated Value
$366,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,888
Avg. Annual Appreciation
-4.91%

Purchase Details

Closed on
Dec 29, 2009
Sold by
Collins Kay L
Bought by
Jones Patricia E and Jones Jeffrey T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,365
Interest Rate
4.82%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Thoughtful Service Llc $409,000 Mti Title
Jones Patricia E $110,000 Northwest Florida Title Serv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Patricia E $112,365
Previous Owner Collins Kay $101,000
Previous Owner Collins Kay $92,000
Previous Owner Collins Kay L $64,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $409,000 +2.5% $437 / Sq Ft
05/07/2023 05/07/23 For Sale $399,000 -- $426 / 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 $531 $223,609 $108,640 $114,969
2023 $531 $78,272 $0 $0
2022 $478 $75,992 $0 $0
2021 $479 $73,779 $0 $0
2020 $480 $72,760 $0 $0
2019 $472 $70,855 $0 $0
2018 $473 $69,534 $0 $0
2017 $464 $67,213 $0 $0
2016 $471 $66,954 $0 $0
2015 $486 $66,773 $0 $0
2014 $487 $67,019 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 741108

Central Panhandle Association of REALTORS®

APN: 31941-000-000