NOT LISTED FOR SALE

908 E 2nd Plaza Panama City, FL 32401

Estimated Value: $291,000 - $385,000

3 Beds
2 Baths
1,889 Sq Ft
$190/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $360,000 $191 Per Sq Ft

Current estimated payment $2,141/month

10 Days on Market

Highlights

  • Contemporary Architecture
  • Outdoor Living Area
  • No HOA
  • Newly Painted Property
  • Bonus Room
  • Den

About This Home

As of November 2023

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. DRASTICALLY REDUCED!!! LOCATION LOCATION LOCATION. The COVE is the place to be! Come see this well done, completely renovated 3 bedroom, 2 bath home located in one of the most popular neighborhoods in Bay County. The interior and exterior have been very nicely redone and need nothing except for a new owner. It will qualify for all financing easily so rest assured that YOU can own this home. The kitchen is brand new with new cabinets, counter tops and a really nice stainless steel appliance package. A breakfast bar separates the kitchen from the dining area. Just off the dining room is a large den, office or extra room for a possible bedroom. The living room is spacious enough for the largest of furniture. All 3 bedrooms are large with a nice layout. Both bathrooms are also brand new. There is an oversized one car garage with a 340 sq foot finished, heated and cooled room that could be used for more living space, game room, office and would be easy to turn into a complete apartment. Outside, there is a fresh concrete drive, car port AND a nice concrete patio just off of the dining room. If you are thinking of buying in the Cove area, you owe it to yourself to see this home. Get in the neighborhood while you can!

Last Agent to Sell the Property

Jeff Payne

Keller Williams Success Realty License #3168006 Listed on: 06/26/2023

Keller Williams Success Realty

Last Buyer's Agent

Michelle Stewart

RE/MAX Freedom License #SL3522758

RE/MAX Freedom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,300

Year Built

  • Built in 1952

Lot Details

  • 9,714 Sq Ft Lot
  • Lot Dimensions are 75x130
  • Fenced
  • Zoning described as City,Resid Single Family

Parking

  • 1 Car Detached Garage
  • Carport
  • Converted Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Newly Painted Property
  • Slab Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,889 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Outdoor Living Area

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cove Terrace Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,300

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Property Sub Type: Detached
  • Lot Size Acres: 0.22
  • Lot Size: 75x130
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Cove Terrace
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Detached,Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar, New Paint, Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1889.0
  • Dining Room Type: Bonus Room, Bedroom, Den, Dining Room, Garage, Kitchen, Laundry, Living Room
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Fenced
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Exterior Features: Outdoor Living Area, Patio
  • Foundation Details: Slab
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Carport, Driveway, Detached, Garage, Converted Garage
  • Garage: Yes
  • Attached Garage: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air, Ceiling Fan(s), Window Unit(s)
  • Heating: Electric, Forced Air
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Size Sq Ft: 9714.0
  • Zoning Description: City,Resid Single Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1300.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Cherry Street
  • High School: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Nov 22, 2023
Sold by
Henderson Melvin
Bought by
Zimbrich Daniel B
Seller's Agent
Jeff Payne
Keller Williams Success Realty
Buyer's Agent
Michelle Stewart
RE/MAX Freedom
List Price
$400,000
Sold Price
$360,000
Premium/Discount to List
-$40,000
-10%
Views
99
Current Estimated Value
$358,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,053
Avg. Annual Appreciation
-2.67%
Original Mortgage
$360,000
Interest Rate
7.63%
Mortgage Type
VA

Purchase Details

Closed on
Mar 17, 2023
Sold by
Christopher Robert Smith Trust
Bought by
Henderson Melvin

Purchase Details

Closed on
Aug 18, 2021
Sold by
Smith Christopher Robert
Bought by
Smith Christopher Robert and Christopher Robert Smith Trust

Purchase Details

Closed on
Sep 1, 2020
Sold by
Karr Evelina E
Bought by
Smith Christopher Robert

Purchase Details

Closed on
Jun 13, 2014
Sold by
Smith Thomas D and Smith Byron H
Bought by
Karr Evelina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2006
Sold by
Smith Helen T
Bought by
Smith Thomas D and Smith Byron H
Source: Public Records

Range of Values:

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Average Value
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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
Zimbrich Daniel B $360,000 Setco Services
Henderson Melvin $130,000 Setco Services
Smith Christopher Robert -- Accommodation
Smith Christopher Robert -- Attorney
Karr Evelina E $80,000 Omega Title Llc
Smith Thomas D -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimbrich Daniel B $367,350
Closed Zimbrich Daniel B $360,000
Previous Owner Karr Evelina E $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $360,000 -4.0% $191 / Sq Ft
09/24/2023 09/24/23 Price Changed $374,900 -2.6% $198 / Sq Ft
09/11/2023 09/11/23 Price Changed $384,900 -2.6% $204 / Sq Ft
07/25/2023 07/25/23 Price Changed $395,000 -1.3% $209 / Sq Ft
07/14/2023 07/14/23 For Sale $400,000 0.0% $212 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
07/05/2023 07/05/23 Price Changed $400,000 -5.9% $212 / Sq Ft
06/26/2023 06/26/23 For Sale $425,000 -- $225 / 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 $2,217 $301,487 $50,040 $251,447
2023 $2,217 $119,535 $43,200 $76,335
2022 $1,300 $106,251 $0 $0
2021 $1,203 $103,156 $36,360 $66,796
2020 $1,170 $59,561 $35,280 $24,281
2019 $455 $58,558 $33,840 $24,718
2018 $512 $71,769 $0 $0
2017 $511 $71,485 $0 $0
2016 $518 $70,842 $0 $0
2015 $1,091 $69,191 $0 $0
2014 $1,362 $87,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 743204

Central Panhandle Association of REALTORS®

APN: 22076-000-000