NOT LISTED FOR SALE

Estimated Value: $466,000 - $490,000

5 Beds
3.5 Baths
3,924 Sq Ft
$122/Sq Ft Est. Value

Last Sold August 07, 2025

Last sale price $485,000 $124 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,535/month

94 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Patio
  • Great Room
  • Fireplace
  • Storage Room

About This Home

As of August 2025

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS
If you're looking for a home with plenty of space for a large family or you love to entertain... check out this amazing 5-bedroom, 3.5-bathroom ranch-style home in the heart of the Cove! This 3,924 sqft residence has been beautifully remodeled, blending timeless charm with modern amenities. As you step inside, you feel the warmth of its craftsman elements, featuring a spacious and functional layout designed for comfortable family living.
The kitchen is a chef's dream, boasting an expansive layout with a large island, an abundance of cabinetry, walk-in pantry, a GE double oven, cooktop, and matching vent hood. This space flows seamlessly into the dining area, making it ideal for gatherings. Just beyond through the sliding double barn doors, the spacious great room offers a white brick wood-burning fireplace with seating and a coffee/wet bar with a wine refrigerator and ice maker. The main section of the home features a large master suite with sliding doors leading to the backyard, master bath with tiled shower, soaker tub, double vanities, and make-up seating area, walk-in closet, and a reinforced storm shelter/bedroom; all conveniently located together for accessibility and peace of mind. The storm shelter has steel-framed walls (per former owner), a steel door, and a sink, providing both security and access to fresh water in emergencies. On the other side of the house, you'll find three additional bedrooms and two full baths, making it perfect for a large family or an income-producing rental space for contractors or traveling nurses, etc. While this section of the home does have its own private entrance for added convenience, it is not a separate lockout unit; the bedrooms remain fully accessible from the main living areas, allowing for a seamless connection between all parts of the home.
The backyard is partially fenced and features a covered gazebo with a ceiling fan, perfect for outdoor dining and grilling, as well as a paver brick patio with an open fire pit for cozy evenings. The property offers ample parking and storage, including a large storage room by the single-car garage, and a carport for three vehicles. There is additional space for four more cars or recreational vehicles between the alley and the home. The alleyway conveniently connects E. 1st Ct and 2nd St., providing easy access from either direction.
Located in one of Panama City's most desirable neighborhoods, this home is surrounded by majestic oak trees and beautiful scenery, just moments from the bayou. The Cove is known for its peaceful streets and charming atmosphere, offering the perfect balance of historic charm and modern convenience. This is a rare opportunity to own a fully renovated, move-in-ready home in a truly special community. Call today to schedule your private showing! Measurements approximate, please verify if important.

Last Agent to Sell the Property

Michael Werner

Keller Williams Success Realty License #3266388 Listed on: 07/03/2025

Keller Williams Success Realty

Last Buyer's Agent

Tonia Hathaway

CENTURY 21 Commander Realty

CENTURY 21 Commander Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,292

Year Built

  • Built in 1941

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 118 x 115

Parking

  • 1 Car Garage
  • Additional Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • Ceiling Fan
  • Fireplace
  • Great Room
  • Dining Room
  • Storage Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Ice Maker

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

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

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Cove Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,292

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.3
  • Lot Size: 118 x 115
  • Road Frontage Type: City Street
  • Subdivision Name: Cove
  • Architectural Style: Traditional
  • New Construction: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Ice Maker
  • Interior Amenities: Storage
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Luxury Vinyl Plank
  • Dining Room Type: Bedroom, Dining Room, Garage, Great Room, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Other, Storage Room

Exterior Features

  • Fencing: Partial
  • Exterior Features: Patio, Fire Pit
  • Patio And Porch Features: Patio

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Alley Access
  • Garage: Yes
  • Attached Garage: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Fireplace(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 4292.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2025
Closed on
Aug 7, 2025
Sold by
Sims David Edward and Sims Danielle Rose
Bought by
Hickey Matthew and Hickey Jennifer
Seller's Agent
Michael Werner
Keller Williams Success Realty
Buyer's Agent
Tonia Hathaway
CENTURY 21 Commander Realty
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Views
294
Current Estimated Value
$479,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,868
Avg. Annual Appreciation
-3.07%

Purchase Details

Closed on
Apr 12, 2023
Sold by
Santiago Michael Angel
Bought by
Sims David Edward and Sims Danielle Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2009
Sold by
Sloan William R and Sloan Teresa L
Bought by
Santiago Michael Angel and Santiago Heidi R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
4.94%
Mortgage Type
VA

Purchase Details

Closed on
Jun 30, 2002
Sold by
Hudgins Alonzo L
Bought by
Sloan William R and Sloan Teresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.52%

Purchase Details

Closed on
Jul 31, 2001
Sold by
Hudgins Alonzo L
Bought by
Hudgins Alonzo L
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

Date Buyer Sale Price Title Company
Hickey Matthew $485,000 None Listed On Document
Hickey Matthew $485,000 None Listed On Document
Sims David Edward $345,000 South Oak Title
Santiago Michael Angel $242,000 Diamond Title Agency Inc
Sloan William R $206,000 --
Hudgins Alonzo L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sims David Edward $275,000
Previous Owner Santiago Michael Angel $242,000
Previous Owner Sloan William R $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2025 08/07/25 Sold $485,000 0.0% $124 / Sq Ft
07/08/2025 07/08/25 Pending -- -- --
07/03/2025 07/03/25 Price Changed $485,000 -2.8% $124 / Sq Ft
06/22/2025 06/22/25 For Sale $499,000 0.0% $127 / Sq Ft
06/21/2025 06/21/25 Pending -- -- --
05/20/2025 05/20/25 Price Changed $499,000 -5.0% $127 / Sq Ft
04/05/2025 04/05/25 For Sale $525,000 -- $134 / 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 $288 $304,247 $72,731 $231,516
2023 $288 $142,621 $0 $0
2022 $379 $138,467 $0 $0
2021 $1,700 $134,434 $0 $0
2020 $1,795 $194,998 $51,278 $143,720
2019 $2,398 $194,139 $49,185 $144,954
2018 $2,830 $231,780 $0 $0
2017 $2,811 $231,967 $0 $0
2016 $2,868 $231,440 $0 $0
2015 $2,930 $229,831 $0 $0
2014 $2,915 $230,438 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 771515

Central Panhandle Association of REALTORS®

APN: 20859-000-000