NOT LISTED FOR SALE

838 Magnolia Ave Panama City, FL 32401

Downtown North Neighborhood

Estimated Value: $65,136

0.23 Acre
$283,200 Price per Acre
9,845 Sq Ft Lot

Last Sold October 13, 2020

Last sale price $40,000

Est. 63% increase in value since last sale

Current estimated payment $418/month

62 Days on Market

About This Lot

As of October 2020

Great location for a business, just one block off Harrison Ave. in Downtown Panama City. Zoned Mixed use 2. There is a business next door and lawyer office across the street.

Last Agent to Sell the Property

Celia Bush

Think Real Estate License #3091483 Listed on: 07/31/2020

Think Real Estate

Last Buyer's Agent

Celia Bush

Cornerstone Realty Group, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $750

Lot Details

  • 9,845 Sq Ft Lot
  • Lot Dimensions are 65 x 152
  • Cleared Lot
  • Zoning described as Commercial,Office/Prof

Schools

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

Community Details

  • No Home Owners Association
  • The community has rules related to deed restrictions

Property Details

Property Type

Land

Est. Annual Taxes

$750

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Commercial
  • Lot Size Acres: 0.23
  • Lot Size: 65 x 152
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • ResoPropertyType: Land
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None

Exterior Features

  • Waterfront: No
  • Disclosures: Deed Restriction

Utilities

  • Utilities: Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Cleared
  • Lot Size Sq Ft: 9845.0
  • Zoning Description: Commercial,Office/Prof

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Oct 13, 2020
Sold by
Sikes Patricia Parrott and Johnson Gwen Parrott
Bought by
Bay County Holdings Llc
Seller's Agent
Celia Bush
Think Real Estate
Buyer's Agent
Celia Bush
Cornerstone Realty Group, LLC
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%
Current Estimated Value
$65,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,136
Avg. Annual Appreciation
10.53%
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
Bay County Holdings Llc $40,000 Cornerstone Title Agency Inc
Sikes Patricia Parrott -- Cornerstone Title Agency Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Off Market $40,000 -- --
10/13/2020 10/13/20 Sold $40,000 -20.0% --
10/01/2020 10/01/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $50,000 -- --
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 $750 $34,580 $34,580 --
2023 $750 $34,580 $34,580 $0
2022 $725 $34,580 $34,580 $0
2021 $732 $34,580 $34,580 $0
2020 $343 $9,256 $9,256 $0
2019 $147 $9,100 $9,100 $0
2018 $136 $8,996 $0 $0
2017 $124 $8,268 $0 $0
2016 $124 $8,060 $0 $0
2015 $127 $8,060 $0 $0
2014 $126 $8,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Celia Bush

    Seller's Agent in 2020

    Celia Bush

    Think Real Estate

    (850) 596-9279

    2 in this area

    75 Total Sales

    Celia Bush
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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 700281

Central Panhandle Association of REALTORS®

APN: 16717-005-000

Florida Bay County Panama City 32401 Downtown North

838 Magnolia Ave, Panama City, FL

This home is located at 838 Magnolia Ave, Panama City, FL 32401 since 31 July 2020 and is currently estimated at $65,136. 838 Magnolia Ave is a home located in Bay County with nearby schools including Merriam Cherry Street Elementary School, Jinks Middle School, and Bay High School.

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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