NOT LISTED FOR SALE

7121 Sunset Ave Panama City, FL 32408

Lower Grand Lagoon Area

Estimated Value: $333,000 - $398,000

2 Beds
2 Baths
936 Sq Ft
$400/Sq Ft Est. Value

Sale Details

Date Sold: August 26, 2022

Last sale price $345,000 $369 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,321 / mo

66 Days on Market

Highlights

  • In Ground Pool
  • Coastal Architecture
  • Double Pane Windows
  • Patronis Elementary School Rated A-
  • No HOA
  • Living Room

About This Home

As of August 2022

'CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS' Newly Remodeled, Perfect short term vacation rental. Walking distance to the Beach, local restaurants and amenities. Gourmet kitchen, granite counter tops, plenty of cabinet space. Just In time for summer rental season. New Tile Flooring, New Modern Custom made cabinet, New Refrigerator, New Range/Oven Micro Wave and New Dishwasher. New paint In and Out covered parking, Storage shed. This home sits on a 50x115 lot with Private fenced back yard and small wadding Pool/Hot Tub. This home is less than 1/3 mile to beautiful quartz sand beaches of the Gulf. Perfect for a bike or golf cart ride to enjoy all that Panama City Beach has to offer including fishing, snorkeling, surfing or just relaxing at the beach.

Last Agent to Sell the Property

Bill Nieland

JONES REAL ESTATE AND RENTALS LLC License #3282320 Listed on: 06/18/2022

Last Buyer's Agent

Matt Cooper

Coast Realty of North West Florida LLC

Coast Realty of North West Florida LLC

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 Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,475

Year Built

  • Built in 1982

Lot Details

  • 5,750 Sq Ft Lot
  • Lot Dimensions are 50 x 115
  • Fenced

Parking

  • 1 Covered Space

Home Design

  • Coastal Architecture
  • Slab Foundation
  • Asphalt Roof
  • HardiePlank Type

Interior Spaces

  • Double Pane Windows
  • Living Room
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Fence Around Pool

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Holiday Beach Unit 14 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,475

Year Built

Built in 1982

Lot Details

5,750 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.13
  • Lot Size: 50 x 115
  • Road Frontage Type: City Street
  • Co List Office Mls Id: JRER
  • Co List Office Phone: 850-814-4548
  • Subdivision Name: Holiday Beach Unit 14
  • Architectural Style: Coastal
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: Kitchen, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Features: Fenced, In Ground, Other, Pool
  • Fencing: Fenced
  • Waterfront: No
  • Construction Type: HardiPlank Type, Wood Frame
  • Foundation Details: Slab
  • Roof: Asphalt

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Electricity Available, Water Connected
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • 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: Surfside

Lot Info

  • Lot Size Sq Ft: 5750.0
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 1475.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

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

Closed on
Feb 27, 2023
Sold by
Bought by
Current Estimated Value
$374,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,500
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2022
Closed on
Aug 19, 2022
Sold by
Bought by
Seller's Agent
Bill Nieland
JONES REAL ESTATE AND RENTALS LLC
Buyer's Agent
Matt Cooper
Coast Realty of North West Florida LLC
List Price
$435,000
Sold Price
$345,000
Premium/Discount to List
-$90,000
-20.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%
Original Mortgage
$276,000
Interest Rate
5.3%
Mortgage Type
Balloon
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Panama City, FL

  • Janice Overbeck Real Estate Agent - Keller Williams Realty Atl North

    Janice Overbeck

    Keller Williams Realty Atl North

    (855) 759-0551

    730 Total Sales

    1 in Lower Grand Lagoon

    $1,299,000 Price

    Janice Overbeck
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  • Brett Bianca Real Estate Agent - Compass

    Brett Bianca

    Compass

    (850) 613-0278

    29 Total Sales

    1 in Lower Grand Lagoon

    $3,425,000 Price

    Brett Bianca
     Section Image
  • Stephanie Harrington Real Estate Agent - Engel & Volkers Pensacola

    Stephanie Harrington

    Engel & Volkers Pensacola

    (850) 810-1175

    75 Total Sales

    1 in Lower Grand Lagoon

    $399,500 Price

    Stephanie Harrington
     Section Image
  • Susan Morrison Real Estate Agent - Anchor Realty Florida

    Susan Morrison

    Anchor Realty Florida

    (850) 818-3257

    125 Total Sales

    2 in Lower Grand Lagoon

    $377K - $495K Price Range

    Susan Morrison
     Section Image
  • Amanda Cialoni Real Estate Agent - Seashore Realty LLC

    Amanda Cialoni

    Seashore Realty LLC

    (850) 788-2793

    93 Total Sales

    7 in Lower Grand Lagoon

    $280K - $540K Price Range

    Amanda Cialoni
     Section Image
  • Samantha Tuno Holden Real Estate Agent - Sunspot Realty, LLC

    Samantha Tuno Holden

    Responds Quickly

    Sunspot Realty, LLC

    (850) 640-6828

    54 Total Sales

    1 in Lower Grand Lagoon

    $1,995,000 Price

    Samantha Tuno Holden
     Section Image
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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
$390,000 Mti Title
$345,000 None Listed On Document
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 $339,500
Closed $331,500
Previous Owner $276,000
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
11/24/2022 11/24/22 Off Market $345,000 -- --
08/26/2022 08/26/22 Sold $345,000 -13.5% $369 / Sq Ft
07/09/2022 07/09/22 Price Changed $399,000 -8.3% $426 / Sq Ft
05/14/2022 05/14/22 For Sale $435,000 -- $465 / 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 $3,218 $281,702 $152,920 $128,782
2024 $3,277 $258,607 $135,800 $122,807
2023 $3,277 $258,888 $129,349 $129,539
2022 $1,535 $129,226 $77,600 $51,626
2021 $1,475 $118,205 $0 $0
2020 $1,358 $109,252 $63,195 $46,057
2019 $1,244 $97,690 $51,313 $46,377
2018 $503 $74,575 $0 $0
2017 $501 $73,041 $0 $0
2016 $510 $72,953 $0 $0
2015 $529 $72,962 $0 $0
2014 $539 $74,574 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Bill Nieland

    JONES REAL ESTATE AND RENTALS LLC

    (360) 789-1260

    8 Total Sales

    Bill Nieland
    Section Image

  • M

    Buyer's Agent in 2022

    Matt Cooper

    Coast Realty of North West Florida LLC

    Section Image
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 726574

Central Panhandle Association of REALTORS®

APN: 30808-129-000

Florida Bay County Panama City 32408

7121 Sunset Ave, 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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