NOT LISTED FOR SALE

601 Bunkers Cove Rd Panama City, FL 32401

Estimated Value: $490,000 - $568,000

3 Beds
2 Baths
1,623 Sq Ft
$326/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $535,000 $330 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,048/month

33 Days on Market

Highlights

  • RV Access or Parking
  • Craftsman Architecture
  • Attic
  • Bay View
  • Deck
  • Corner Lot

About This Home

As of March 2023

With an acceptable offer, Sellers are offering $5000 toward Buyer's Closing Costs, rate buy-down or to use as needed, as well as an AHS Shield Complete 1-Yr Home Warranty ($825 value). Live the life of your dreams right here in 'The Cove'! Don't allow this one to slip by! Built originally in 1954, it was customized and rebuilt essentially in 2019 after the Hurricane, making it a perfect fit for your wish list.Lounge on your huge outdoor-living wrap around porches and watch the sunset on St. Andrews Bay located just across the street! Also, here you steps away across diagonally to Adams Park, sitting right on the bay, so bring on the paddle board and kayak!

Last Agent to Sell the Property

Rachel Hutchings

Compass Florida, LLC. Listed on: 12/15/2022

Last Buyer's Agent

Megan Wahl

Keller Williams Realty Emerald Coast License #SL3527806

Keller Williams Realty Emerald Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,896

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 137 x 139 x 66 x 152
  • Landscaped
  • Corner Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Additional Parking
  • RV Access or Parking

Home Design

  • Craftsman Architecture
  • Exterior Columns
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 1,623 Sq Ft Home
  • Bookcases
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Family Room
  • Dining Room
  • Bay Views
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Flood Insurance May Be Required

Schools

  • Cherry Street Elementary School
  • Jinks Middle School
  • Bay High School

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Sudduths 10Th Add Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,896

Year Built

Built in 1954 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Property Sub Type: Detached
  • Lot Size Acres: 0.32
  • Lot Size: 137 x 139 x 66 x 152
  • Road Frontage Type: City Street
  • Subdivision Name: Sudduths 10Th Add
  • 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, Gas Range, Gas Water Heater, Microwave, Refrigerator, Wine Refrigerator, Washer
  • Interior Amenities: Attic, Bookcases, Fireplace, Pull Down Attic Stairs, Remodeled, Shutters, Natural Woodwork, Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 1623.0
  • Dining Room Type: Bedroom, Dining Room, Family Room, Garage, Kitchen, Primary Bedroom, Pantry
  • Window Features: Double Pane Windows, Plantation Shutters
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • View: Bay
  • View: Yes
  • Waterfront: No
  • Disclosures: Flood Insurance Required
  • Construction Type: Brick, HardiPlank Type
  • Exterior Features: Columns, Deck, Sprinkler/Irrigation, Outdoor Shower, Porch, Storage
  • Patio And Porch Features: Covered, Deck, Open, Porch, Screened
  • Property Condition: Updated/Remodeled
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Attached, Circular Driveway, Driveway, Garage, Garage Door Opener, Paved, RV Access/Parking
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Fireplace(s), Humidity Control
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Corner Lot, Landscaped, Level
  • Lot Size Sq Ft: 13983.0
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1896.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2022
Closed on
Mar 15, 2023
Sold by
Montgomery John B and Lou Ann
Bought by
Bellamy Anthony William and Bellamy Audrey Margaret
Seller's Agent
Rachel Hutchings
Compass Florida, LLC.
Buyer's Agent
Megan Wahl
Keller Williams Realty Emerald Coast
List Price
$589,000
Sold Price
$535,000
Premium/Discount to List
-$54,000
-9.17%
Views
30
Current Estimated Value
$529,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,217
Avg. Annual Appreciation
-0.40%
Original Mortgage
$400,000
Interest Rate
6.09%
Mortgage Type
Balloon
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
Bellamy Anthony William $535,000 Mti Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bellamy Anthony William $200,000
Open Bellamy Anthony William $410,000
Closed Bellamy Anthony William $400,000
Previous Owner Montgomery John B $105,000
Previous Owner Montgomery John B $75,000
Previous Owner Montgomery John B $76,000
Previous Owner Montgomery John B $93,000
Previous Owner Montgomery John B $60,000
Previous Owner Montgomery John B $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $535,000 -9.2% $330 / Sq Ft
01/20/2023 01/20/23 Off Market $589,000 -- --
01/19/2023 01/19/23 For Sale $589,000 0.0% $363 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
01/09/2023 01/09/23 Price Changed $589,000 -1.7% $363 / Sq Ft
12/15/2022 12/15/22 For Sale $599,000 -- $369 / 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 $2,008 $450,155 $69,090 $381,065
2023 $2,008 $149,466 $0 $0
2022 $1,938 $145,113 $0 $0
2021 $1,896 $140,886 $0 $0
2020 $1,812 $138,941 $0 $0
2019 $888 $95,744 $50,470 $45,274
2018 $1,386 $131,399 $0 $0
2017 $1,353 $129,717 $0 $0
2016 $1,343 $127,049 $0 $0
2015 $1,374 $126,166 $0 $0
2014 $1,370 $126,636 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 735471

Central Panhandle Association of REALTORS®

APN: 21497-000-000