NOT LISTED FOR SALE

914 Pitts Ave Panama City, FL 32404

Estimated Value: $378,000 - $416,000

4 Beds
3.5 Baths
1,985 Sq Ft
$200/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $384,900 $194 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,403/month

33 Days on Market

Highlights

  • Fishing
  • Waterfront
  • Vaulted Ceiling
  • Bay View
  • Newly Painted Property
  • Outdoor Living Area

About This Home

As of April 2023

INVESTORS! INVESTORS! RENT ONE UNIT LIVE IN OTHER HAVE YOUR MORTGAGE PAID FOR! Eastside Bayfront waterfront 3 story townhome with direct access to the Gulf of Mexico. Only 5.5 miles to Tyndall A.F.B. Has its own private beach! Only a short distance to Sacred Heart Hospital. Hidden behind a high retaining wall this townhome is a private getaway with Magnificent Sunsets from the West. NO HOA, SHORT TERM RENTALS ALLOWED(AIRBNB). 1/11th ownership in the dock which is being extended another 60 feet will be deeded at closing. NO FLOOD INSURANCE REQUIRED! New metal roof put on 2019, New Water heaters installed 2021, New A/C and HVAC for upstairs 2018. New mini split HVAC for a/c and heat for downstairs unit 2021.

Last Agent to Sell the Property

Paul LaCourse

Anchor Realty Florida License #3158587 Listed on: 01/27/2023

Last Buyer's Agent

Dale Gumm

Anchor Realty Florida

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,845

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • Lot Dimensions are 27x142
  • Waterfront

Home Design

  • Newly Painted Property
  • Slab Foundation
  • Metal Roof
  • HardiePlank Type
  • Stucco

Interior Spaces

  • 1,985 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Tinted Windows
  • Living Room
  • Bay Views

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Living Area

Schools

  • Parker Elementary School
  • Rutherford Middle School
  • Rutherford High School

Utilities

  • Ductless Heating Or Cooling System
  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • Horne Memory Plat Subdivision

Recreation

  • Fishing

Security

  • Storm Windows
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,845

Year Built

Built in 1984 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Attached
  • Lot Size: 27x142
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Horne Memory Plat
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Townhouse
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, High Ceilings, New Paint, Split Bedrooms, Vaulted Ceiling(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Living Area: 1985.0
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom
  • Window Features: Double Pane Windows, Storm Window(s), Tinted Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • View: Bay
  • View: Yes
  • Waterfront Features: Bay Access, Boat Dock/Slip, Dock Access, Deeded Access, Waterfront
  • Waterfront: Yes
  • Construction Type: HardiPlank Type, Stucco
  • Exterior Features: Balcony, Outdoor Living Area
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony, Covered, Patio
  • Property Condition: Updated/Remodeled
  • Roof: Metal

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Fishing, Other, See Remarks, Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Rutherford Middle

Lot Info

  • Lot Features: Waterfront
  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 1845.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Parker
  • High School: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Apr 19, 2023
Sold by
Mastronardo Richard and Mastronardo Susanne
Bought by
Ferraro Michael and Ferraro Marla
Seller's Agent
Paul LaCourse
Anchor Realty Florida
Buyer's Agent
Dale Gumm
Anchor Realty Florida
List Price
$384,900
Sold Price
$384,900
Views
111
Current Estimated Value
$397,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,600
Avg. Annual Appreciation
1.14%
Original Mortgage
$307,920
Outstanding Balance
$299,731
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$95,435

Purchase Details

Listed on
Oct 4, 2020
Closed on
Mar 12, 2021
Sold by
Scott Ernest M
Bought by
Mastronardo Richard and Mastronardo Susanne
Seller's Agent
Rory Riley
ERA Neubauer Real Estate Inc
Buyer's Agent
Angela Hale
ERA Neubauer Real Estate, Inc
List Price
$220,000
Sold Price
$214,000
Premium/Discount to List
-$6,000
-2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.08%

Purchase Details

Closed on
Dec 1, 2000
Sold by
Hughes Marla J
Bought by
Scott Ernest M
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
Ferraro Michael $384,900 Setco Services
Mastronardo Richard $214,000 First American Title Ins Co
Scott Ernest M $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferraro Michael $307,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $384,900 0.0% $194 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $384,900 +79.9% $194 / Sq Ft
07/05/2022 07/05/22 Off Market $214,000 -- --
03/12/2021 03/12/21 Sold $214,000 -2.7% $111 / Sq Ft
12/29/2020 12/29/20 Pending -- -- --
10/04/2020 10/04/20 For Sale $220,000 -- $114 / 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 $2,838 $324,739 $44,683 $280,056
2023 $2,838 $199,605 $41,476 $160,937
2022 $1,845 $181,459 $34,839 $146,620
2021 $1,162 $92,069 $0 $0
2020 $890 $83,699 $32,461 $51,238
2019 $891 $83,934 $32,019 $51,915
2018 $1,361 $126,152 $0 $0
2017 $1,394 $126,607 $0 $0
2016 $1,446 $127,284 $0 $0
2015 $1,499 $127,130 $0 $0
2014 $1,488 $126,364 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 737014

Central Panhandle Association of REALTORS®

APN: 25724-012-000