NOT LISTED FOR SALE

5721 Magnolia Beach Rd Panama City, FL 32408

Estimated Value: $395,000 - $547,000

0.18 Acre
$2,499,360 Price per Acre
7,754 Sq Ft Lot

Last Sold April 28, 2014

Last sale price $40,000 $24 Per Sq Ft

Est. 1,012% increase in value since last sale

Current estimated payment $2,561/month

501 Days on Market

Highlights

  • No HOA
  • J.R. Arnold High School Rated A-
  • Interior Lot

About This Lot

As of April 2014

Centrally located land in the heart of Panama City Beach. Located minutes from the Navy Base, Shopping and the Beach. Cleared and ready to build your home on.

Last Agent to Sell the Property

Hollie Hansen

Counts Real Estate Group License #3126715 Listed on: 12/04/2012

Last Buyer's Agent

Todd Gorrell

My Florida Realty License #SL3039791

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,646

Lot Details

  • Lot Dimensions are 74x105
  • Interior Lot

Schools

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

Community Details

  • No Home Owners Association
  • Point Royal Homes Unit 1 Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / B

Property Details

Property Type

Land

Est. Annual Taxes

$2,646

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size: 74X105
  • Road Frontage Type: City Street
  • Subdivision Name: Point Royal Homes Unit 1
  • ResoPropertyType: Land
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Interior Lot

Tax Info

  • Tax Block: B
  • Tax Lot: 3

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2016
Sold by
Lopez Damian Rincon and Perez Rigoberto
Bought by
Butterworth Richard M and Butterworth Patty E
Current Estimated Value
$444,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Outstanding Balance
$171,599
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$273,287

Purchase Details

Listed on
Dec 4, 2012
Closed on
Apr 28, 2014
Sold by
Goodwin Teresa and Houpt Judy May
Bought by
Lopez Damian Rincon and Perez Rigoberto
Seller's Agent
Hollie Hansen
Counts Real Estate Group
Buyer's Agent
Todd Gorrell
My Florida Realty
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.28%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Butterworth Richard M $270,000 Omega Title Llc
Lopez Damian Rincon $40,000 Omega Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butterworth Richard M $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2022 06/20/22 Off Market $40,000 -- --
04/28/2014 04/28/14 Sold $40,000 -11.1% $24 / Sq Ft
04/19/2014 04/19/14 Pending -- -- --
12/04/2012 12/04/12 For Sale $45,000 -- $27 / 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 $2,646 $254,888 -- --
2023 $2,646 $247,464 $0 $0
2022 $2,378 $240,256 $0 $0
2021 $2,384 $233,258 $0 $0
2020 $1,936 $193,620 $31,381 $162,239
2019 $2,024 $198,996 $31,381 $167,615
2018 $2,454 $230,592 $0 $0
2017 $2,460 $229,417 $0 $0
2016 $2,735 $209,928 $0 $0
2015 $448 $33,917 $0 $0
2014 $460 $34,908 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Hollie Hansen

    Seller's Agent in 2014

    Hollie Hansen

    Counts Real Estate Group

    (850) 258-2602

    5 in this area

    221 Total Sales

    Hollie Hansen
    Section Image

  • T

    Buyer's Agent in 2014

    Todd Gorrell

    My Florida Realty

    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 604473

Central Panhandle Association of REALTORS®

APN: 31193-000-000

Florida Bay County Panama City 32408

5721 Magnolia Beach Rd, Panama City, FL

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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