Seller's Agent in 2023
Bill Shields
Think Real Estate
(850) 276-2640
7 in this area
107 Total Sales
6521 Chipewa St Unit ABC Panama City, FL 32404
Estimated Value: $197,761 - $290,000
3
Beds
3
Baths
1,581
Sq Ft
$143/Sq Ft
Est. Value
Highlights
- No HOA
- Multiple cooling system units
- Living Room
- Covered Patio or Porch
- Breakfast Bar
- Central Heating and Cooling System
About This Home
As of November 2023**||**INVESTMENT PROPERTY at a 7 CAP **||** This is a *fantastic* investment opportunity in Panama City, FL, near the rebuilt, better than ever Tyndall Air Force Base. Each unit currently generates between $775 - $800/ month in rental income. This well-maintained triplex is the perfect property for savvy investors or anyone looking to own a piece of the thriving real estate market in this desirable location. Each unit in this triplex boasts a well-designed layout, providing comfortable living areas. Don't miss out on the chance to own this charming triplex near Tyndall Air Force Base in Panama City, FL. If YOU are looking to invest, this property promises potential.
Last Agent to Sell the Property
Think Real Estate License #3281645 Listed on: 07/13/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,333
Year Built
- Built in 1977
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 75x172
Home Design
- Triplex
- Brick Exterior Construction
- Slab Foundation
- Metal Roof
Interior Spaces
- 1,581 Sq Ft Home
- Living Room
Kitchen
- Breakfast Bar
- Electric Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Covered Patio or Porch
Schools
- Callaway Elementary School
- Rutherford Middle School
- Rutherford High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Callaway Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 13, 2023
Closed on
Nov 20, 2023
Sold by
Ponbull Development Llc
Bought by
Shah Aditya and Shah Meera
Seller's Agent
Bill Shields
Think Real Estate
Buyer's Agent
Amy Killian
Beachy Beach Real Estate
List Price
$265,000
Sold Price
$190,000
Premium/Discount to List
-$75,000
-28.3%
Views
64
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,190
Avg. Annual Appreciation
10.35%
Original Mortgage
$133,000
Outstanding Balance
$124,174
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$102,016
Purchase Details
Closed on
Jun 2, 2021
Sold by
Red Door Bay Llc
Bought by
Ponbull Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Apr 17, 2020
Closed on
Jun 30, 2020
Sold by
Creekside Estates Pc Llc
Bought by
Red Door Bay Llc
Seller's Agent
Zacarias Sanchez
Think Real Estate
Buyer's Agent
Kelli White Garrett
CENTURY 21 Commander Realty
List Price
$169,900
Sold Price
$157,500
Premium/Discount to List
-$12,400
-7.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$378,000
Interest Rate
3.2%
Mortgage Type
Balloon
Purchase Details
Closed on
Oct 21, 2019
Sold by
Fosco Llc
Bought by
Creekside Estates Pc Llc
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shah Aditya | $190,000 | South Oak Title | |
| Ponbull Development Llc | $210,000 | Defender Title & Escrow | |
| Red Door Bay Llc | $315,000 | South Oak Ttl Panama City Be | |
| Creekside Estates Pc Llc | $960,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shah Aditya | $133,000 | |
| Previous Owner | Ponbull Development Llc | $160,000 | |
| Previous Owner | Red Door Bay Llc | $378,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/20/2023 11/20/23 | Sold | $190,000 | -24.0% | $120 / Sq Ft |
| 11/03/2023 11/03/23 | Pending | -- | -- | -- |
| 10/26/2023 10/26/23 | Price Changed | $250,000 | -5.7% | $158 / Sq Ft |
| 10/11/2023 10/11/23 | For Sale | $265,000 | 0.0% | $168 / Sq Ft |
| 08/15/2023 08/15/23 | Off Market | $265,000 | -- | -- |
| 07/31/2023 07/31/23 | For Sale | $265,000 | 0.0% | $168 / Sq Ft |
| 07/19/2023 07/19/23 | Pending | -- | -- | -- |
| 07/15/2023 07/15/23 | For Sale | $265,000 | +68.3% | $168 / Sq Ft |
| 06/20/2022 06/20/22 | Off Market | $157,500 | -- | -- |
| 06/30/2020 06/30/20 | Sold | $157,500 | -7.3% | $100 / Sq Ft |
| 04/21/2020 04/21/20 | Pending | -- | -- | -- |
| 04/17/2020 04/17/20 | For Sale | $169,900 | -- | $107 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Tax History Compared to Growth
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 | $2,860 | $162,654 | $30,900 | $131,754 |
| 2023 | $2,860 | $198,722 | $23,175 | $193,648 |
| 2022 | $2,333 | $180,656 | $20,085 | $160,571 |
| 2021 | $844 | $63,644 | $17,767 | $45,877 |
| 2020 | $841 | $62,794 | $16,917 | $45,877 |
| 2019 | $839 | $62,794 | $16,917 | $45,877 |
| 2018 | $817 | $63,941 | $0 | $0 |
| 2017 | $885 | $66,754 | $0 | $0 |
| 2016 | $955 | $70,167 | $0 | $0 |
| 2015 | $1,019 | $71,738 | $0 | $0 |
| 2014 | $915 | $65,216 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Shields
-
Amy Killian
Buyer's Agent in 2023
Amy Killian
Beachy Beach Real Estate
(850) 381-5249
1 in this area
31 Total Sales
-
Zacarias Sanchez
Seller's Agent in 2020
Zacarias Sanchez
Think Real Estate
(850) 890-6262
9 in this area
221 Total Sales
-
K
Buyer's Agent in 2020
Kelli White Garrett
CENTURY 21 Commander Realty
-
Kelli Garrett
Buyer's Agent in 2020
Kelli Garrett
CENTURY 21 Commander Realty
(850) 819-6423
14 in this area
170 Total Sales
Map
Source: Central Panhandle Association of REALTORS®
MLS Number: 744012
APN: 06837-040-000
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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