NOT LISTED FOR SALE

901 E 2nd Place Panama City, FL 32401

Estimated Value: $259,293 - $354,000

3 Beds
1.5 Baths
1,557 Sq Ft
$191/Sq Ft Est. Value

Last Sold August 29, 2017

Last sale price $164,000 $105 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,733/month

29 Days on Market

Highlights

  • Contemporary Architecture
  • Porch
  • Cooling Available
  • No HOA
  • Screened Patio
  • Living Room

About This Home

As of August 2017

cription: Cove Terraace 3rd Add. Lot 13 Blk G ORB 2801P 955Remarks: This home is built in part of our historical district, The Cove. The home has the charm and that feeling of "I am home." As you walk in the door, your eyes take in the beautiful and unique woodwork. The open floor plan allows you to be with friends and family while preparing treats and meals. The wood floors add warmth and beauty. There is also an additional room that has heat and air. A screened in lanai is such a great place for relaxing and engaging in great conversations. There is a fountain that quietly flows into an aquarium. Also, there is an area for growing plants & herbs. It serves as a green house or you can get a little sun. The backyard is quite large.

Last Agent to Sell the Property

Sandy Williams

ERA Neubauer Real Estate Inc License #0183234 Listed on: 05/15/2017

Last Buyer's Agent

Scott Jackson

Counts Real Estate Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,489

Year Built

  • Built in 1952

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 90x160
  • Property fronts a county road
  • Fenced

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Fiberglass Roof
  • Asbestos
  • HardiePlank Type

Interior Spaces

  • 1,557 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Screened Patio
  • Outdoor Storage
  • Porch

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Underground Utilities
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cove Terrace Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / G

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,489

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Property Sub Type: Detached
  • Lot Size Acres: 0.33
  • Lot Size: 90x160
  • Road Frontage Type: County Road
  • Subdivision Name: Cove Terrace
  • Architectural Style: Contemporary
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Range Hood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1557.0
  • Dining Room Type: Bedroom, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Chain Link, Fenced
  • Waterfront: No
  • Construction Type: Asbestos, HardiPlank Type
  • Exterior Features: Porch, Patio, Storage
  • Patio And Porch Features: Porch, Screened
  • Roof: Fiberglass

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Ceiling Fan(s), ENERGY STAR Qualified Equipment
  • Heating: ENERGY STAR Qualified Equipment
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: G
  • Tax Lot: 13

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2017
Closed on
Aug 23, 2017
Sold by
Sowell Chad B and Sowell Nancy K
Bought by
Stelchen Dustin L
Seller's Agent
Sandy Williams
ERA Neubauer Real Estate Inc
Buyer's Agent
Scott Jackson
Counts Real Estate Group Inc
List Price
$172,500
Sold Price
$164,000
Premium/Discount to List
-$8,500
-4.93%
Current Estimated Value
$297,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,573
Avg. Annual Appreciation
7.73%
Original Mortgage
$167,526
Interest Rate
4.03%
Mortgage Type
VA

Purchase Details

Closed on
Jun 28, 2006
Sold by
Deruiter David Alan and Deruiter Brandi M
Bought by
Sowell Chad B and Sowell Nancy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.6%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 19, 2001
Sold by
Desonia Marsha
Bought by
Deruiter David Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,462
Interest Rate
7.16%
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
Stelchen Dustin L $164,000 Mti Title Ins Agency Inc
Sowell Chad B $175,000 Lanco Title & Escrow
Deruiter David Alan $77,500 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steichen Dustin L $21,944
Open Steichen Dustin L $192,306
Closed Steichen Dustin L $165,502
Closed Stelchen Dustin L $167,526
Previous Owner Sowell Chad B $173,500
Previous Owner Sowell Chad B $184,400
Previous Owner Sowell Chad B $35,000
Previous Owner Sowell Chad B $140,000
Previous Owner Deruiter David A $80,000
Previous Owner Deruiter David Alan $15,000
Previous Owner Deruiter David Alan $78,462
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Off Market $164,000 -- --
08/29/2017 08/29/17 Sold $164,000 -4.9% $105 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $172,500 -- $111 / Sq Ft
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 $1,489 $121,754 -- --
2023 $1,489 $118,208 $0 $0
2022 $1,462 $114,765 $0 $0
2021 $1,388 $111,422 $0 $0
2020 $1,313 $105,426 $45,423 $60,003
2019 $1,033 $104,718 $43,569 $61,149
2018 $2,114 $139,617 $0 $0
2017 $830 $94,834 $0 $0
2016 $820 $92,883 $0 $0
2015 $839 $92,237 $0 $0
2014 $830 $92,046 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 658749

Central Panhandle Association of REALTORS®

APN: 22037-000-000