PENDING
$5K PRICE INCREASE
640 Colonial Dr Panama City, FL 32404
Estimated payment $2,336/month
3
Beds
2
Baths
1,817
Sq Ft
$217
Price per Sq Ft
Highlights
- No HOA
- 2 Car Garage
- 1-Story Property
About This Home
Currently Under Contract! Seller Will Consider Back Up Offers - This beautifully updated 3-bedroom, 2-bath home offers modern style, functional design, and plenty of space inside and out. Step inside to an inviting open floor plan with brand-new flooring throughout and a bright, airy living area perfect for everyday living or entertaining. The kitchen is a true centerpiece, featuring stainless steel appliances, a fired-clay farmhouse sink, butcher block countertops, under-cabinet lighting, and soft-close cabinetry. Both bathrooms showcase a clean contemporary finish with LED-lighted, defrosting mirrors and a rain-head shower in the primary suite. Outside, the property sits on nearly half an acre and now includes a 25×50 metal workshop building — ideal for storage, hobbies, or a small business setup. With a fresh new look, modern updates, and a spacious lot, this home offers the perfect blend of comfort, craftsmanship, and utility.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,994
Year Built
- Built in 1975
Lot Details
- 0.45 Acre Lot
- Lot Dimensions are 100x196
Parking
- 2 Car Garage
Interior Spaces
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Callaway Elementary School
- Rutherford Middle School
- Rutherford High School
Community Details
- No Home Owners Association
- Colonial Est. Subdivision
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,936 | $278,444 | -- | -- |
| 2023 | $2,936 | $270,334 | $0 | $0 |
| 2022 | $1,144 | $95,593 | $42,228 | $53,365 |
| 2021 | $1,205 | $97,945 | $41,796 | $56,149 |
| 2020 | $1,276 | $102,834 | $41,796 | $61,038 |
| 2019 | $1,202 | $96,874 | $34,884 | $61,990 |
| 2018 | $1,708 | $137,033 | $0 | $0 |
| 2017 | $1,750 | $137,985 | $0 | $0 |
| 2016 | $1,806 | $138,613 | $0 | $0 |
| 2015 | $1,879 | $139,565 | $0 | $0 |
| 2014 | $1,902 | $141,489 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/17/2025 11/17/25 | Pending | -- | -- | -- |
| 11/17/2025 11/17/25 | For Sale | $389,900 | -- | $215 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $355,000 | None Listed On Document | |
| Warranty Deed | $112,000 | Bright Line Title Llc | |
| Warranty Deed | $132,000 | -- | |
| Warranty Deed | $123,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $161,349 | Commercial | |
| Previous Owner | $123,750 | No Value Available | |
| Previous Owner | $99,000 | No Value Available | |
| Closed | $10,000 | No Value Available |
Source: Public Records
About the Listing Agent
With over 25 years of experience fulltime 23 of which she owned her own Brokerage she consistently ranked as one of the top Realtors in the area, Kerry Jayne Jackson is dedicated to providing exceptional service to every client. Her reviews speak volumes, highlighting that she "goes above and beyond" and "cares more about her clients than her commissions." Kerry has built strong, trusted relationships with local vendors, ensuring her clients have access to the best resources available.
If
Kerry's Other Listings
-
$275,000 Sold May 20, 2025
- 2 Beds
- 2.5 Baths
- 1,325 Sq Ft
- 8700 Front Beach Rd
- Unit 6305
- Panama City Beach, FL
Source: Central Panhandle Association of REALTORS®
MLS Number: 781454
APN: 06716-211-000
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.
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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