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Sold for $380,000
  • $380,000

    5227 Melissa Dr, Panama City, FL 32404

    4beds
    2,493sqft
    Single Family Residence
    Built in 1987
    0.33 Acres Lot
    $377,500 Zestimate®
    $152/sqft
    $2,365 Estimated rent

    Home value

    $377,500

    $340,000 - $419,000

    $2,365/mo

    Zestimate® history
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    What's special

    Breakfast barCozy breakfast nookLarge backyardSplit floor planFormal dining roomPeaceful mature neighborhoodExtended driveway
    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. This custom built, solid brick home is located minutes from Tyndall AFB, shopping, dining and leisure activities. Nestled in a peaceful mature neighborhood, this property provides a comfortable layout and plenty of space to create your ideal living environment. One's experience of viewing this 4-bedroom, 2 bath home begins at the two French doors leading into a large foyer and great room, followed by a large kitchen with a breakfast bar and cozy breakfast nook. A separate formal dining room adds a classic touch for hosting family and friends. This is a split floor plan so children and guest on one side and master on the other. The master bedroom has a large walk-in closet and bathroom. All the bedrooms are large by today's standards. The main house had the roof, HVAC, water heater, and windows replaced in 2018/2019. The permanent hurricane shutters make ease of battening down the hatches. When stepping outside, be prepared to enjoy your own private retreat, complete with a large backyard, extended driveway and plenty of room to garden. The property includes a 24' X 30' detached garage which is permitted as garage. One side has been used as an office with full kitchen and full bath. The full bath has a large tile walk-in shower. There is plenty of built in cabinetry for storage, a built-in desk and it has been pre wired for speakers. In 2024, the detached garage was updated with a brand new Peaden HVAC System and water heater. The HVAC was recently vented according to code. There is an independent breaker for RV hookup and plenty of room for boat storage in the oversized driveway. This 4/2 home and detached garage offer a fantastic opportunity for the right buyer. While some updates and minor repairs are needed, the home is priced accordingly and offers great value for those looking for a solid, built home. Property is being sold AS-IS, WHERE-IS; however, Seller has made many repairs for 2 separate inspections. The chimney on the house was recently rebuilt inside and out. Buyer to verify all information deemed important and is responsible for own inspections.

    Zillow last checked:

    Listing updated:

    Listed by:

    Laurie R Martin 850-866-3316,

    Bay Homes Real Estate, Inc

    Bought with:

    Brandy Stewart, 3275198

    Salty Marlin Realty LLC

    Source: CPAR,MLS#: 773606MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Breakfast Room/Nook, Bedroom, Dining Room, Full Bath, Great Room, Kitchen, Laundry, Primary Bathroom, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 16 x 17
    Bedroom
    • Level: First
    • Dimensions: 14 x 15
    Bedroom
    • Level: First
    • Dimensions: 11 x 14
    Bedroom
    • Level: First
    • Dimensions: 12 x 14
    Primary bathroom
    • Level: First
    • Dimensions: 9 x 11
    Breakfast room nook
    • Level: First
    • Dimensions: 9 x 13
    Dining room
    • Level: First
    • Dimensions: 13 x 14
    Other
    • Level: First
    • Dimensions: 8 x 11
    Great room
    • Level: First
    • Dimensions: 18 x 19
    Kitchen
    • Level: First
    • Dimensions: 11 x 13
    Laundry
    • Level: First
    • Dimensions: 6 x 10
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Oven, Electric Range, Electric Water Heater
    Features
    • Doors: Storm Door(s)
    • Windows: Double Pane Windows
    Interior area
    • Total structure area: 2,493
    • Total interior livable area: 2,493 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Garage Door Opener, RV Access/Parking
    • Garage spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Covered, Open, Porch
    • Exterior features: Rain Gutters
    • Fencing: Fenced
    Lot
    • Size: 0.33 Acres
    • Dimensions: 100 x 145
    • Features: Paved
    Details
    • Additional structures: Second Garage, Guest House, RV/Boat Storage, Shed(s)
    • Parcel number: 24992568000
    • Zoning description: Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Composition,Shingle
    Condition
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available, Phone Connected, Underground Utilities

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Springlake
    HOA
    • Has HOA: No
    Location
    • Region: Panama City

    Financial & listing details

    • Price per square foot: $152/sqft
    • Tax assessed value: $251,423
    • Annual tax amount: $900
    • Date on market: 6/12/2025
    • Cumulative days on market: 54 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    8/29/2025Sold$380,000-1.3%$152/sqft
    Source: CPAR #773606 Report a problem
    7/9/2025Contingent$385,000$154/sqft
    Source: CPAR #773606 Report a problem
    6/12/2025Listed for sale$385,000$154/sqft
    Source: CPAR #773606 Report a problem
    5/27/2025Contingent$385,000$154/sqft
    Source: CPAR #773606 Report a problem
    5/16/2025Listed for sale$385,000$154/sqft
    Source: CPAR #773606 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$900 +2.6%$211,620 +3%
    2023$878 +37%$205,456 +3%
    2022$641 $199,472
    2021-- --
    2020$641 +0.7%$191,580 +0.4%
    2019$636 $190,851 -0.5%
    2018$636 -2.4%$191,866 +1.6%
    2017$652 -0.1%$188,834 -0.2%
    2016$653 -6.2%$189,166 +0.7%
    2015$696 $187,851 +0.8%
    2014$696 $186,360 +1.5%
    2013-- $183,606 -1.3%
    2012-- $185,953 +6.1%
    2011-- $175,279 +1.5%
    2010-- $172,689 +2.8%
    2009-- $168,015 +0.1%
    2008-- $167,847 +3%
    2007-- $162,958 +2.5%
    2006-- $158,983 +3%
    2005-- $154,351 +3%
    2004-- $149,855 +1.9%
    2003-- $147,061 +20.6%
    2002-- $121,897
    2001-- $121,897 -0.6%
    2000-- $122,663
    Find assessor info on the county website

    Neighborhood: 32404

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Parker
    • Middle: Rutherford Middle
    • High: Rutherford

    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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    $377,500
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    $385,050