NOT LISTED FOR SALE

609 N 9th St Panama City, FL 32404

Estimated Value: $188,979 - $217,000

3 Beds
2 Baths
1,576 Sq Ft
$130/Sq Ft Est. Value

Last Sold July 30, 2018

Last sale price $95,000 $60 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,207/month

7 Days on Market

Highlights

  • No HOA
  • Fireplace
  • Breakfast Bar
  • Covered Patio or Porch
  • Interior Lot
  • Living Room

About This Home

As of July 2018

Occupied duplex located directly behind Parker Elementary School in the City of Parker, located on a 75x143 tree-shaded lot, one bedroom and a two bedroom units with fireplace and a long history of good rental occupancy. These units have central heat and air, fenced on three sides. Call for rental pro-forma.

Last Agent to Sell the Property

Brenton Hitchcock

Hitchcock Real Estate LLC Listed on: 06/20/2018

Last Buyer's Agent

Ronald Shover

ERA Neubauer Real Estate, Inc License #SL3354316

ERA Neubauer Real Estate, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $569

Year Built

  • Built in 1978

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75x143
  • Interior Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 1,576 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Range
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Parker Elementary School
  • Rutherford Middle School
  • Rutherford High School

Additional Features

  • Covered Patio or Porch
  • Central Air

Community Details

  • No Home Owners Association
  • Lake Drive Heights Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$569

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1978
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.25
  • Lot Size: 75X143
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Lake Drive Heights
  • Architectural Style: Duplex
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Range, Refrigerator, Range Hood
  • Interior Amenities: Breakfast Bar, Fireplace
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 1576.0
  • Dining Room Type: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No
  • Construction Type: Brick Veneer
  • Exterior Features: Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch
  • Roof: Metal

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Rutherford Middle

Lot Info

  • Lot Features: Interior Lot
  • Lot Size Sq Ft: 10890.0
  • Zoning Description: Resid Multi-Family,Resid Single Family

Rental Info

  • Furnished: Unfurnished
  • Lease Term: Month To Month

Tax Info

  • Tax Annual Amount: 569.0
  • Tax Year: 2017

MLS Schools

  • Elementary School: Parker
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2018
Closed on
Jul 27, 2018
Sold by
Hill Mathew
Bought by
Paradise Life Panama City Llc
Seller's Agent
Brenton Hitchcock
Hitchcock Real Estate LLC
Buyer's Agent
Ronald Shover
ERA Neubauer Real Estate, Inc
List Price
$95,000
Sold Price
$95,000
Current Estimated Value
$205,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,245
Avg. Annual Appreciation
10.84%
Original Mortgage
$76,000
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 20, 2009
Closed on
Oct 8, 2015
Sold by
Mcmillan Darryl L
Bought by
Hill Mathew
Seller's Agent
Tom Neubauer
ERA Neubauer Real Estate Inc
Buyer's Agent
Laird Hitchcock
Prudential Shimmering Sands
List Price
$125,000
Sold Price
$63,000
Premium/Discount to List
-$62,000
-49.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.62%

Purchase Details

Closed on
Apr 29, 2005
Sold by
Mcmillan Mary Catherine
Bought by
Mcmillan Darryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,114
Interest Rate
5.74%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Paradise Life Panama City Llc $95,000 Attorney
Hill Mathew $63,000 First American Title Ins Co
Mcmillan Darryl L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paradise Life Panama City Llc $118,300
Closed Paradise Life Panama City Llc $76,000
Previous Owner Mcmillan Darryl Lynn $54,114
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Off Market $63,000 -- --
07/05/2022 07/05/22 Off Market $95,000 -- --
06/20/2022 06/20/22 Off Market -- -- --
07/30/2018 07/30/18 Sold $95,000 0.0% $60 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $95,000 +50.8% $60 / Sq Ft
09/30/2015 09/30/15 Sold $63,000 +12627.3% $40 / Sq Ft
09/24/2015 09/24/15 Pending -- -- --
01/31/2014 01/31/14 Rented -- -- --
01/31/2014 01/31/14 Under Contract -- -- --
01/31/2012 01/31/12 For Rent $495 0.0% --
07/20/2009 07/20/09 For Sale $125,000 -- $79 / 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 $1,072 $62,882 -- --
2023 $1,072 $75,815 $23,314 $52,501
2022 $711 $69,966 $20,047 $49,919
2021 $694 $66,014 $19,305 $46,709
2020 $693 $65,167 $16,557 $48,610
2019 $704 $66,326 $15,815 $50,511
2018 $536 $49,666 $0 $0
2017 $569 $51,693 $0 $0
2016 $612 $53,877 $0 $0
2015 $764 $64,774 $0 $0
2014 $790 $67,068 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 673149

Central Panhandle Association of REALTORS®

APN: 25311-000-000