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Sold for $180,000
  • $180,000

    1606 Cherry St, Panama City, FL 32401

    2beds
    1,278sqft
    Single Family Residence
    Built in 1948
    0.28 Acres Lot
    $177,300 Zestimate®
    $141/sqft
    $1,481 Estimated rent

    Home value

    $177,300

    $160,000 - $199,000

    $1,481/mo

    Zestimate® history
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    What's special

    Comfortable bedroomsBeautiful hardwood floorsFully fenced expansive backyard
    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Step into a piece of history with this charming 1948 cottage-style home in the heart of The Cove, bursting with original character! From the moment you walk in, you'll love the cozy foyer with a wood burning stove leading to a spacious living room and dining area, complete with beautiful hardwood floors and a classic feel. The kitchen is a welcoming space, and just down the hall, you'll find two comfortable bedrooms that feel right at home. One of the highlights of this cottage is the den—ideal for gatherings or as the ultimate man cave! It boasts a custom-built oak bar with a sink, just waiting to host your next get-together. Outside, the fully fenced, expansive backyard has everything you need and more! A 20x12 workshop with power, a newer 18x12 shed for extra storage, and a separate 10x8 laundry room with its own water heater make for a convenient, flexible spaces. A 30-amp prewired hookup and dump station make this backyard RV-ready. Washer and dryer convey with the sale. You'll love the location as it's close to downtown Panama City and all its restaurants and shopping! If you're looking for charm, character, and plenty of extras, this cottage is the one!

    Zillow last checked:

    Listing updated:

    Listed by:

    Mindi A Sato 850-628-3118,

    Keller Williams Success Realty

    Bought with:

    Irina Mathews, SL3386545

    Robert Slack, LLC

    Source: CPAR,MLS#: 764743MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Bedroom, Den, Dining Room, Family Room, Kitchen, Primary Bedroom, Bonus Room
    Primary bedroom
    • Level: First
    • Dimensions: 16 x 10
    Bedroom
    • Level: First
    • Dimensions: 11 x 10
    Den
    • Level: First
    • Dimensions: 16 x 12
    Dining room
    • Level: First
    • Dimensions: 12 x 8
    Family room
    • Level: First
    • Dimensions: 22 x 11
    Kitchen
    • Level: First
    • Dimensions: 12 x 7
    Heating
    • Wood Stove, Wall Furnace
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Electric Range, Gas Water Heater
    Interior area
    • Total structure area: 1,278
    • Total interior livable area: 1,278 sqft

    Property

    Parking
    • Parking features: No Garage, RV Access/Parking
    Features
    • Fencing: Fenced
    Lot
    • Size: 0.28 Acres
    • Dimensions: 150 x 80
    Details
    • Additional structures: Shed(s), Workshop
    • Parcel number: 21735000000
    • Zoning description: Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Florida
    • Property subtype: Single Family Residence
    Materials
    • Roof: Composition,Shingle
    Condition
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Subdivision: Cove Terrace
    HOA
    • Has HOA: No
    Location
    • Region: Panama City

    Financial & listing details

    • Price per square foot: $141/sqft
    • Tax assessed value: $123,785
    • Annual tax amount: $645
    • Date on market: 11/26/2024
    • Cumulative days on market: 46 days

    Price history

    DateEventPrice
    1/31/2025Sold$180,000-5.3%$141/sqft
    Source: CPAR #764743 Report a problem
    12/22/2024Contingent$190,000$149/sqft
    Source: CPAR #764743 Report a problem
    12/19/2024Price change$190,000-5%$149/sqft
    Source: CPAR #764743 Report a problem
    12/2/2024Price change$200,000-7%$156/sqft
    Source: CPAR #764743 Report a problem
    11/26/2024Listed for sale$215,000$168/sqft
    Source: CPAR #764743 Report a problem
    11/16/2024Contingent$215,000$168/sqft
    Source: CPAR #764743 Report a problem
    11/13/2024Listed for sale$215,000$168/sqft
    Source: CPAR #764743 Report a problem
    11/10/2024Contingent$215,000$168/sqft
    Source: CPAR #764743 Report a problem
    11/6/2024Listed for sale$215,000+26.5%$168/sqft
    Source: CPAR #764743 Report a problem
    5/4/2006Sold$169,900$133/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$663 +2.7%$79,098 +3%
    2023$645 +8.3%$76,794 +31.7%
    2022$596 $58,325
    2021-- --
    2020$568 +62%$55,844 +2.3%
    2019$351 $54,588 -24.5%
    2018$351 -20.3%$72,347 +1.8%
    2017$440 +1.5%$71,041 +2.1%
    2016$433 -3.2%$69,580 +0.7%
    2015$447 $69,096 +0.6%
    2014$447 $68,653 -0.4%
    2013-- $68,929
    2012-- $68,929 -6.2%
    2011-- $73,482 -10.2%
    2010-- $81,823 -5.5%
    2009-- $86,557 -13.7%
    2008-- $100,315 -15.8%
    2007-- $119,193 +204.8%
    2006-- $39,106 +5.7%
    2005-- $36,996 +3%
    2004-- $35,918 +1.9%
    2003-- $35,248 +2.4%
    2002-- $34,422 +1.6%
    2001-- $33,880 +2.5%
    2000-- $33,044
    Find assessor info on the county website

    Neighborhood: 32401

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cherry Street
    • Middle: Jinks
    • High: Bay

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $177,300
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    With Zillow Showcase(estimated)
    $180,846