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Sold for $85,000
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  • $85,000

    823 Arrow St, Panama City, FL 32404

    3beds
    1baths
    1,000sqft
    SingleFamily
    Built in 1945
    5,998 Square Feet Lot
    $183,700 Zestimate®
    $85/sqft
    $1,508 Estimated rent

    Home value

    $183,700

    $167,000 - $198,000

    $1,508/mo

    Zestimate® history
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    Owner options

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    $1,508/mo

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    $1,508/mo

    Rent Zestimate®

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    $488/mo

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    $488/mo

    Est. payment

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    What's special

    This is a newly renovated house that I've had as a rental home for several years and I'm now retired from my business and just thought it would make sense to retire from everything. This is obviously not a great time to be selling real estate, so I totally renovated the house and I'm pricing it well below what it would appraise for. That makes it a fantastic way for a family to own a 3 bedroom house or for an investor to have easy positive cash flow. You can truly OWN a completely renovated house and pay less per month than just renting a house! The house features vinyl siding, a brand new metal roof, new deck with columns, fresh paint throughout, a newly fenced back yard and new flooring throughout. The flooring includes brand new carpet in each of the bedrooms and wood floors through the kitchen, dining room and the hallway. The house has 3 bedrooms and 1 bath. All 3 bedrooms are good sized and the kitchen area is huge. I have not finished everything in the yard simply because I would rather let you decide what you prefer and I can get it done extremely reasonably. The home is in a good neighborhood, close to schools, shopping, great restaurants and Tyndall Air Force Base.I have had tons of offers with owner financing to go along with it. I won't say that I absolutely won't be willing to owner finance, but keep in mind that I'm not going to just basically pick up "rent" each month and then give the house away in the deal. In other words it would have to be a decent down payment and payments at least as much as the rent I can get anyway. I vastly prefer to sell the house since I recently retired and plan to travel a bit.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    Heating
    • Forced air
    Cooling
    • Other
    Appliances
    • Included: Refrigerator
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    Interior area
    • Total interior livable area: 1,000 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Other
    Lot
    • Size: 5,998 Square Feet
    Details
    • Parcel number: 25246000000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Other
    • Roof: Other
    Condition
    • Year built: 1945

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $39 monthly
    Location
    • Region: Panama City

    Financial & listing details

    • Price per square foot: $85/sqft
    • Tax assessed value: $61,202
    • Annual tax amount: $855

    Price history

    DateEventPrice
    1/13/2025Sold$85,000+31.2%$85/sqft
    Source: Public Record Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    10/18/2015Listing removed$64,800$65/sqft
    Source: Owner Report a problem
    9/2/2015Price change$64,800+12.7%$65/sqft
    Source: Owner Report a problem
    7/20/2015Price change$57,500-11.3%$58/sqft
    Source: Counts Real Estate Group Inc #625446 Report a problem
    7/11/2015Price change$64,800+12.7%$65/sqft
    Source: Owner Report a problem
    6/5/2015Price change$57,500-11.3%$58/sqft
    Source: Counts Real Estate Group, Inc #625446 Report a problem
    5/5/2015Price change$64,800-6.6%$65/sqft
    Source: Owner Report a problem
    1/28/2015Price change$69,400-12.7%$69/sqft
    Source: Counts Real Estate Group Inc #625446 Report a problem
    10/28/2014Listed for sale$79,500+127.1%$80/sqft
    Source: Counts Real Estate Group Inc #625446 Report a problem
    1/31/2011Sold$35,000-6.4%$35/sqft
    Source: Public Record Report a problem
    6/3/2010Sold$37,400+87%$37/sqft
    Source: Public Record Report a problem
    9/28/2009Sold$20,000$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$855 +3.5%$61,202 +4.8%
    2023$826 +80.5%$58,382 +61.8%
    2022$457 $36,080
    2021-- --
    2020$312 +1.9%$29,290 +1.7%
    2019$306 $28,790
    2018$306 -1.6%$28,790 +1.4%
    2017$311 -0.6%$28,390
    2016$313 -5.8%$28,390 +0.9%
    2015$332 $28,140 +0.8%
    2014$332 $27,926
    2013-- $27,926
    2012-- $27,926 -34.4%
    2011-- $42,587 +14.1%
    2010-- $37,329 -56.1%
    2009-- $85,060 -10.5%
    2008-- $95,032 -21.2%
    2007-- $120,639 +40.7%
    2006-- $85,749 +69.8%
    2005-- $50,487 +15%
    2004-- $43,897 +12.8%
    2003-- $38,922 +5.6%
    2002-- $36,852
    2001-- $36,852 +9.3%
    2000-- $33,711
    Find assessor info on the county website

    Neighborhood: 32404

    Nearby schools

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

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

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    $183,700
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    +$3,674
    With Zillow Showcase(estimated)
    $187,374