NOT LISTED FOR SALE

609 E 2nd Place Panama City, FL 32401

South Panama City Neighborhood

Estimated Value: $234,000 - $316,000

3 Beds
1 Bath
1,264 Sq Ft
$214/Sq Ft Est. Value

Sale Details

Date Sold: March 13, 2020

Last sale price $165,000 $131 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,614 / mo

88 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Bungalow
  • No HOA
  • Fireplace
  • Central Heating and Cooling System

About This Home

As of March 2020

Don't miss your opportunity to own one of the largest lots in the sought-after Cove community! Live just a few blocks from the Bay and the St. Andrews Bay Yacht Club! This adorable cottage has been meticulously maintained with numerous updates. Entertain in the large screened porch overlooking your enormous fenced back yard that even has an original outdoor fireplace! The kitchen has recently been updated with high-end stainless appliances. Other recent updates include new HVAC and new hot water heater. Even with all of the updates, the home keeps its historic character with features like the original heart pine floors and art deco bath.

Last Agent to Sell the Property

Mark Moody

Coastal Sun Realty LLC License #BK3315175 Listed on: 12/08/2019

Co-Listed By

Janet Melton

Coastal Sun Realty LLC License #BK3345749

Last Buyer's Agent

Mark Moody

Coastal Sun Realty LLC License #BK3315175 Listed on: 12/08/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $822

Year Built

  • Built in 1945

Lot Details

  • 9,583

Home Design

  • Bungalow

Interior Spaces

  • Fireplace
  • Family Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • 9,583 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Cove Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$822

Year Built

Built in 1945

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1945
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.22
  • Lot Size: ~70 x 136
  • Road Frontage Type: City Street
  • Co List Office Mls Id: BCSU
  • Co List Office Phone: 850-249-2050
  • Subdivision Name: Cove
  • Architectural Style: Bungalow
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Dining Room Type: Bedroom, Family Room, Primary Bedroom

Exterior Features

  • Fencing: Privacy
  • Waterfront: No
  • Construction Type: Block
  • Exterior Features: Deck, Porch
  • Patio And Porch Features: Deck, Covered, Porch, Screened
  • Roof: Shake

Utilities

  • Utilities: Electricity Available, Water Connected
  • Cooling: Central Air, ENERGY STAR Qualified Equipment
  • Heating: Central, Electric, ENERGY STAR Qualified Equipment
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Size Sq Ft: 9583.0
  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 822.0
  • Tax Year: 2018

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2019
Closed on
Mar 13, 2020
Sold by
Bought by
Seller's Agent
Mark Moody
Coastal Sun Realty LLC
Buyer's Agent
Mark Moody
Coastal Sun Realty LLC
List Price
$174,900
Sold Price
$165,000
Premium/Discount to List
-$9,900
-5.66%
Current Estimated Value
$270,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,621
Avg. Annual Appreciation
8.24%
Original Mortgage
$162,011
Outstanding Balance
$143,254
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$127,367

Purchase Details

Listed on
Aug 7, 2018
Closed on
Sep 25, 2018
Sold by
Bought by
Seller's Agent
Mark Moody
Coastal Sun Realty LLC
Buyer's Agent
Mark Moody
Coastal Sun Realty LLC
List Price
$169,000
Sold Price
$153,000
Premium/Discount to List
-$16,000
-9.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%

Purchase Details

Closed on
Sep 1, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,910
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,784
Interest Rate
7.08%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$165,000 South Oak Title Panama City
$153,000 Attorney
$169,900 Lanco Title & Escrow
$78,000 Lanco Title & Escrow
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $162,011
Previous Owner $152,910
Previous Owner $76,784
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2022 06/20/22 Off Market $153,000 -- --
06/20/2022 06/20/22 Off Market $165,000 -- --
03/13/2020 03/13/20 Sold $165,000 -5.7% $131 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
11/10/2019 11/10/19 For Sale $174,900 +14.3% $138 / Sq Ft
09/25/2018 09/25/18 Sold $153,000 -9.5% $121 / Sq Ft View Prior Sale
08/26/2018 08/26/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $169,000 -- $134 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,864 $154,660 -- --
2024 $1,957 $150,301 -- --
2023 $1,957 $145,923 $0 $0
2022 $1,891 $141,673 $0 $0
2021 $1,834 $137,547 $34,289 $103,258
2020 $2,218 $120,042 $33,271 $86,771
2019 $1,940 $120,033 $31,913 $88,120
2018 $822 $94,148 $0 $0
2017 $823 $94,319 $0 $0
2016 $832 $93,682 $0 $0
2015 $851 $93,031 $0 $0
2014 $852 $93,474 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mark Moody

    Coastal Sun Realty LLC

  • J

    Seller Co-Listing Agent in 2020

    Janet Melton

    Coastal Sun Realty LLC

See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 690698

Central Panhandle Association of REALTORS®

APN: 20706-000-000

Florida Bay County Panama City 32401 South Panama City

609 E 2nd Place, 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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