NOT LISTED FOR SALE

2504 Velma Ave Panama City, FL 32405

Estimated Value: $121,000 - $178,000

2 Beds
1 Bath
975 Sq Ft
$156/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2012

Last sale price $37,000 $38 Per Sq Ft

Est. 311% increase in value since last sale

Current estimated payment $840 / mo

56 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Dining Room
  • Living Room

About This Home

As of March 2012

Adorable frame cottage in St. Andrews, close to all amenities. This home features hardwood floors, new paint, and is located very near to the Gulf State College. Property is offered as is.

Last Agent to Sell the Property

Victor Jed

CENTURY 21 Commander Realty License #0677327 Listed on: 03/19/2012

CENTURY 21 Commander Realty

Last Buyer's Agent

Kathryn Miller

Anchor Realty Florida License #3136243

Anchor Realty Florida

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $856

Year Built

  • Built in 1950

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Lucille Moore Elementary School
  • Jinks Middle School
  • Bay High School

Additional Features

  • Lot Dimensions are 75 x 125
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Bayview Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$856

Year Built

Built in 1950

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Single Family Residence
  • Lot Size: 75 x 125
  • Road Frontage Type: City Street
  • Subdivision Name: Bayview Heights
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Dining Room Type: Bedroom, Dining Room, Living Room

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Pillar/Post/Pier
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: Electricity Available, Phone Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Jinks

Lot Info

  • Lot Features: Paved
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 856.0
  • Tax Year: 2010

MLS Schools

  • Elementary School: Lucille Moore
  • High School: Bay

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2018
Sold by
Bought by
Current Estimated Value
$152,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,650
Outstanding Balance
$27,665
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$124,501

Purchase Details

Closed on
Nov 1, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,650
Outstanding Balance
$27,665
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$124,501

Purchase Details

Listed on
Mar 19, 2012
Closed on
Feb 9, 2012
Sold by
Bought by
Seller's Agent
Victor Jed
CENTURY 21 Commander Realty
Buyer's Agent
Kathryn Miller
Anchor Realty Florida
List Price
$39,900
Sold Price
$37,000
Premium/Discount to List
-$2,900
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%

Purchase Details

Closed on
Oct 5, 2011
Sold by
Bought by
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$40,600 Mti Title Ins Agency Inc
$40,000 Mti Title Ins Agency Inc
$37,000 Servicelink
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $31,650
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/05/2022 07/05/22 Off Market $37,000 -- --
03/15/2012 03/15/12 Sold $37,000 -7.3% $38 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $39,900 -- $41 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $197 $38,795 -- --
2024 $185 $37,702 -- --
2023 $185 $36,604 $0 $0
2022 $162 $35,538 $0 $0
2021 $153 $34,503 $0 $0
2020 $148 $34,027 $19,740 $14,287
2019 $145 $33,745 $19,458 $14,287
2018 $507 $38,336 $0 $0
2017 $509 $37,843 $0 $0
2016 $520 $37,701 $0 $0
2015 $211 $37,945 $0 $0
2014 $226 $39,106 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Victor Jed

    Seller's Agent in 2012

    Victor Jed

    CENTURY 21 Commander Realty

    (850) 819-2188

    41 Total Sales

    Victor Jed
    Section Image
  • Kathryn Miller

    Buyer's Agent in 2012

    Kathryn Miller

    Anchor Realty Florida

    (850) 960-2502

    12 Total Sales

    Kathryn Miller
    Section Image
See All Agents

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 503038

Central Panhandle Association of REALTORS®

APN: 27202-010-000

Florida Bay County Panama City 32405

2504 Velma Ave, Panama City, FL

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.