NOT LISTED FOR SALE

855 23rd St Panama City, FL 32405

Estimated Value: $7,296,811

Studio
-- Bath
1,285 Sq Ft
$5,678/Sq Ft Est. Value

About This Home

This home is located at 855 23rd St, Panama City, FL 32405 and is currently estimated at $7,296,811, approximately $5,678 per square foot. 855 23rd St is a home located in Bay County with nearby schools including Hiland Park Elementary School, Mowat Middle School, and Bay High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2020
Sold by
Vereit Mt Panama City Fl Llc
Bought by
Ta Muy Chili Llc
Current Estimated Value
$7,296,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Outstanding Balance
$3,079,099
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$4,217,712

Purchase Details

Closed on
Dec 8, 2015
Sold by
P C Crossings Llc
Bought by
Vereit Mt Panama City Fl Llc

Purchase Details

Closed on
May 10, 2007
Sold by
Panama City Crossings Llc
Bought by
P C Crossings Llc

Purchase Details

Closed on
Jul 27, 2006
Sold by
Retail Acquistion Group Llc
Bought by
Panama City Crossings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,080,000
Interest Rate
6.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2004
Sold by
Malone Houston Coleman and Malone Coleman H
Bought by
Retail Acquisition Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
5.97%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ta Muy Chili Llc $5,000,000 Attorney
Ta Muy Chili Llc $5,000,000 Attorney
Vereit Mt Panama City Fl Llc $6,025,000 None Available
Vereit Mt Panama City Fl Llc $6,025,000 None Available
P C Crossings Llc $6,625,000 Chicago Title Insurance Co
P C Crossings Llc $6,625,000 Chicago Title Insurance Co
Panama City Crossings Llc -- None Available
Panama City Crossings Llc -- None Available
Retail Acquisition Group Llc $1,500,000 --
Retail Acquisition Group Llc $1,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ta Muy Chili Llc $3,500,000
Previous Owner Panama City Crossings Llc $5,080,000
Previous Owner Retail Acquisition Group Llc $1,125,000
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
2025 $86,487 $5,439,102 $2,521,010 $2,918,092
2024 $89,146 $5,484,661 $2,521,010 $2,963,651
2023 $89,146 $5,142,308 $2,521,010 $3,009,348
2022 $76,558 $4,674,825 $0 $0
2021 $70,451 $4,249,841 $1,572,823 $2,677,018
2020 $72,024 $4,286,869 $1,348,562 $2,938,307
2019 $67,257 $4,161,091 $1,192,762 $2,968,329
2018 $63,462 $4,191,113 $0 $0
2017 $62,903 $4,197,310 $0 $0
2016 $63,989 $4,172,598 $0 $0
2015 -- $2,783,380 $0 $0
2014 -- $2,803,397 $0 $0
Source: Public Records

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