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Sold for $252,000
  • $252,000

    524 Powell Ave, Panama City, FL 32401

    5beds
    2,831sqft
    Multi Family
    Built in 1945
    -- sqft lot
    $248,500 Zestimate®
    $89/sqft
    $1,297 Estimated rent

    Home value

    $248,500

    $224,000 - $278,000

    $1,297/mo

    Zestimate® history
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    What's special

    Fenced yardSolid block constructed homeWasher and dryer hook-upFull-size kitchenCentral heat and airBoat or camper storage
    Under Contract - Taking Backups the phrase 'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Sitting on a little over a 1/2 acre, this solid block constructed home boasts 5 bedrooms and 2 full baths and 2 half baths. Unit B has 3 bedrooms and 1 full and 1 half bath. The attached Unit A has its own full-size kitchen and living room, 2 bedrooms, 1 full and 1 half baths. Both living spaces have washer and dryer hook-up in place. Notable features of this property include concrete block construction, a well system, a detached 12x20 shed needing repair, an underground fallout shelter and plenty of storage. The fenced yard provides plenty of room for boat or camper storage. The home needs repairs and TLC. Unit B has central heat and air. Unit A is ducted for central HVAC, but currently has 2 working window a/c units, but no heat source. The Seller is willing to consider investing in an HVAC unit, with a solid offer. The Seller has a transferable termite bond and survey. This could be a great rental investment property or ideal for someone needing separate living spaces for parents. All measurements are approximate, please verify if important.

    Zillow last checked:

    Listing updated:

    Listed by:

    Laurie R Martin 850-866-3316,

    Bay Homes Real Estate, Inc,

    Jessica Burke 850-814-9582,

    Bay Homes Real Estate, Inc

    Bought with:

    Ivy Vonier, SL3489810

    Xcellence

    Source: CPAR,MLS#: 759463MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Rooms
    • Room types: Bedroom, Dining Room, Full Bath, Half Bath, Kitchen, Laundry, Living Room, Primary Bedroom, Storage Room
    Primary bedroom
    • Description: Unit B
    • Level: First
    • Dimensions: 9 x 12
    Primary bedroom
    • Description: Unit A
    • Level: First
    • Dimensions: 13 x 17
    Bedroom
    • Description: Unit B
    • Level: First
    • Dimensions: 9 x 11
    Bedroom
    • Description: Unit B
    • Level: First
    • Dimensions: 8 x 13
    Bedroom
    • Description: Unit A
    • Level: First
    • Dimensions: 8 x 13
    Dining room
    • Description: Unit B
    • Level: First
    • Dimensions: 12 x 14
    Other
    • Description: Unit B
    • Level: First
    • Dimensions: 7 x 8
    Other
    • Description: Unit A
    • Level: First
    • Dimensions: 6 x 10
    Half bath
    • Description: Unit B
    • Level: First
    • Dimensions: 5 x 7
    Half bath
    • Description: Unit A
    • Level: First
    • Dimensions: 5 x 5
    Kitchen
    • Description: Unit B
    • Level: First
    • Dimensions: 13 x 12
    Kitchen
    • Description: Unit A
    • Level: First
    • Dimensions: 11 x 16
    Laundry
    • Description: Unit B
    • Level: First
    • Dimensions: 7 x 8
    Living room
    • Description: Unit B
    • Level: First
    • Dimensions: 14 x 20
    Living room
    • Description: Unit A
    • Level: First
    • Dimensions: 13 x 15
    Storage room
    • Description: Unit B
    • Level: First
    • Dimensions: 14 x 15
    Heating
    • Central
    Cooling
    • Central Air, Window Unit(s)
    Appliances
    • Included: Electric Range, Electric Water Heater
    Features
    • Storage
    Interior area
    • Total structure area: 2,831
    • Total interior livable area: 2,831 sqft

    Property

    Features
    • Patio & porch: Covered, Open, Porch
    • Fencing: Fenced
    Lot
    • Size: 5,984 Square Feet
    • Dimensions: 142 x 100 and 67 x 122
    • Features: Paved
    Details
    • Additional structures: Shed(s)
    • Parcel number: 23199000000
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Block, Concrete, Vinyl Siding
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1945

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Subdivision: No Named Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Panama City

    Financial & listing details

    • Price per square foot: $89/sqft
    • Tax assessed value: $173,181
    • Annual tax amount: $2,265
    • Date on market: 9/28/2024
    • Cumulative days on market: 203 days

    Price history

    DateEventPrice
    2/21/2025Sold$252,000-10.4%$89/sqft
    Source: CPAR #759463 Report a problem
    1/21/2025Contingent$281,122$99/sqft
    Source: CPAR #759463 Report a problem
    9/28/2024Listed for sale$281,122$99/sqft
    Source: CPAR #759463 Report a problem
    9/23/2024Pending sale$281,122$99/sqft
    Source: CPAR #759463 Report a problem
    9/12/2024Price change$281,122-2%$99/sqft
    Source: CPAR #759463 Report a problem
    7/3/2024Listed for sale$286,860-0.7%$101/sqft
    Source: CPAR #759463 Report a problem
    3/30/2024Listing removed--
    Source: CPAR #751203 Report a problem
    2/12/2024Listed for sale$289,000$102/sqft
    Source: CPAR #751203 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,676 +18.1%$142,922 +25.7%
    2023$2,265 +14.4%$113,659 +10%
    2022$1,980 $103,326
    2021-- --
    2020$1,353 +127.5%$85,394 +30%
    2019$595 $65,671 +1.9%
    2018$595 +0%$64,447 +2.1%
    2017$595 +0.4%$63,121 +2.1%
    2016$592 -2.1%$61,823 +0.7%
    2015$605 $61,393 +0.8%
    2014$605 $60,906 +1.5%
    2013-- $60,006 -1.3%
    2012-- $60,773 +6.1%
    2011-- $57,284 +1.5%
    2010-- $56,437 +3.2%
    2009-- $54,710 +0.1%
    2008-- $54,655 +3%
    2007-- $53,063 +2.5%
    2006-- $51,769 +3%
    2005-- $50,261 +3%
    2004-- $48,797 +1.9%
    2003-- $47,887 +2.4%
    2002-- $46,765 +4.5%
    2001-- $44,745 -2.5%
    2000-- $45,903
    Find assessor info on the county website

    Neighborhood: 32401

    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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