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Sold for $550,000
  • $550,000

    503 Parkwood Dr, Panama City, FL 32405

    4beds
    2,695sqft
    Single Family Residence
    Built in 1994
    0.31 Acres Lot
    $542,500 Zestimate®
    $204/sqft
    $2,967 Estimated rent

    Home value

    $542,500

    $483,000 - $608,000

    $2,967/mo

    Zestimate® history
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    What's special

    This tropical oasis, located in the heart of Panama City, offers a serene escape. Boasting 8-foot privacy fence. Recently renovated to feature a more open floor plan and enhanced with handicap accessibility, this Caribbean-style retreat features lush landscaping. Enjoy the magnificent 33x17 L-shaped pool, which has been recently refinished and fitted with a new filter, surrounded by a variety of palm trees. The property offers extensive paver and tile patio areas perfect for relaxation, including a fully outfitted tiki hut with ample electrical outlets, sinks, an outdoor shower, and a half bathroom. Additionally, there are two decorative paved sitting areas, a jetted hot tub, an outdoor fireplace, and a separate sitting area with a garden. There's also plenty of yard space for pets or children. The metal roof was replaced in 2019. Inside, the home showcases tall ceilings, a cathedral ceiling in the living room, tile flooring through out. The kitchen, was completely renovated with new cabinets and kitchen island. The Florida room, featuring custom marble flooring, connects seamlessly to the pool, tiki hut, and backyard. The bedrooms are generously sized. Additionally, there is extra storage and a workshop area accessible from the paved side yard or through barn-style doors from the patio, providing ample space for a golf cart, lawn mowers, bicycles, and tools. The driveway accommodates an RV, boat, and several cars with ease. The home also features a sprinkler system, an extra-wide gutter system, and newer pool equipment with a waterfall and sitting area.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dien and Andrew Group 850-600-0605,

    Think Real Estate

    Bought with:

    Jay W Burkey, SL3603671

    Coldwell Banker Realty

    Source: CPAR,MLS#: 760864MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Bedroom, Primary Bathroom, Bonus Room
    Bedroom
    • Description: measure if important
    • Level: First
    • Dimensions: 13 x 12
    Bedroom
    • Description: measure if important
    • Level: First
    • Dimensions: 13 x 12
    Bedroom
    • Description: measure if important
    • Level: First
    • Dimensions: 23 x 11
    Primary bathroom
    • Description: measure if important
    • Level: First
    • Dimensions: 19 x 14
    Heating
    • Electric, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Electric Range
    Features
    • Handicap Access
    • Doors: Storm Door(s)
    • Has fireplace: Yes
    • Fireplace features: Gas
    Interior area
    • Total structure area: 2,695
    • Total interior livable area: 2,695 sqft

    Property

    Accessibility
    • Accessibility features: Accessible Bedroom, Accessible Approach with Ramp, Accessibility Features
    Features
    • Patio & porch: Deck
    • Exterior features: Barbecue, Covered Patio, Fire Pit, Outdoor Kitchen, Outdoor Shower
    • Pool features: Fenced, Gunite
    • Fencing: Full,Fenced
    Lot
    • Size: 0.31 Acres
    • Dimensions: 90 x 150
    • Features: Sprinkler System
    Details
    • Additional structures: Workshop
    • Parcel number: 12987085000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1994

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Connected, Electricity Available

    Community & HOA

    Community
    • Features: Barbecue
    • Security: Fire Alarm
    • Subdivision: The Woods Phase 2
    HOA
    • Has HOA: No
    Location
    • Region: Panama City

    Financial & listing details

    • Price per square foot: $204/sqft
    • Tax assessed value: $380,160
    • Annual tax amount: $6,651
    • Date on market: 2/7/2025
    • Cumulative days on market: 188 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    3/13/2025Sold$550,000-3.5%$204/sqft
    Source: CPAR #760864 Report a problem
    2/15/2025Pending sale$570,000$212/sqft
    Source: CPAR #760864 Report a problem
    2/7/2025Listed for sale$570,000-2%$212/sqft
    Source: CPAR #760864 Report a problem
    10/7/2024Listing removed$581,500-1.9%$216/sqft
    Source: CPAR #760864 Report a problem
    8/31/2024Price change$592,500-1.3%$220/sqft
    Source: CPAR #760864 Report a problem
    8/3/2024Listed for sale$600,000+42.9%$223/sqft
    Source: CPAR #760864 Report a problem
    8/2/2021Sold$420,000-11.6%$156/sqft
    Source: Public Record Report a problem
    4/9/2021Pending sale$475,000$176/sqft
    Source: Keller Williams #709992 Report a problem
    4/7/2021Listed for sale$475,000+119.9%$176/sqft
    Source: Keller Williams #709992 Report a problem
    9/19/2003Sold$216,000+16.1%$80/sqft
    Source: Public Record Report a problem
    5/30/2000Sold$186,000$69/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,295 -5.4%$380,160 +1.3%
    2023$6,651 +16.6%$375,181 +9.1%
    2022$5,703 $343,761
    2021-- --
    2020$3,411 +19.4%$227,831 +4.7%
    2019$2,856 $217,515 -4.9%
    2018$2,856 -0.1%$228,644 +0.2%
    2017$2,858 +1%$228,198 +1%
    2016$2,829 -3.2%$226,019 +0.7%
    2015$2,924 $224,448 +0.8%
    2014$2,924 $222,667 0%
    2013-- $222,689
    2012-- $222,689 -2.6%
    2011-- $228,566 -8.1%
    2010-- $248,682 -2.1%
    2009-- $254,008 -4.2%
    2008-- $265,111 -13.2%
    2007-- $305,442 +19.1%
    2006-- $256,519 +26.3%
    2005-- $203,055 +11.7%
    2004-- $181,718 +6.4%
    2003-- $170,719 +2.4%
    2002-- $166,718
    2001-- $166,718 +4.3%
    2000-- $159,847
    Find assessor info on the county website

    Neighborhood: 32405

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hiland Park
    • 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.

    Sell for more on Zillow
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    $542,500
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    With Zillow Showcase(estimated)
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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    +$10,850
    With Zillow Showcase(estimated)
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