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Lynn Haven 32405 St. Andrews Bay
130 Drews Lane
Photo of 130 Drews Lane
Sold on Jun 7, 2023

29

Map

Photo of 130 Drews Lane
Photo of 130 Drews Lane
$364,000
● House - Off Market

130 Drews Lane

Panama City, FL 32405
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,863 Ft²
$364,610
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

This home is in the newest phase in Camryn's Crossing phase II subdivision. This beautiful home is a 3bed 2 ba with high ceilings. Features LVP floors throughout main living areas and hallways. The kitchen features a large island, custom cabinets, stainless steel appliances, and more. Master Suite present a large spacious bedroom with tray ceiling, 2 large walk-in closets, and a master on suite bathroom with double vanity, and garden tub. Back covered patio and yard make this home great for entertaining. Home sits on a large lot with no homes directly behind you make it great for entertainment and privacy.
Unit Size
1,863 Ft²
Days on Market
71 days
Land Size
0.19 acres
Price per sqft
$195
Property Type
House
Property Taxes
$316
HOA Dues
$42
Year Built
2020

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 25 days ago ( #739359)

Price History

Date / Event Date Event Price
Jun 8, 2023 Sold
Premium
Sold
Mar 28, 2023 Listed by Think Real Estate $364,000
Listed by Think Real Estate
Jul 23, 2020 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,407
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 560
  • Total Building Area: 2,263
  • Gross Building Area: 2,263
  • Building Area: 1,863
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,863
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAMRYNS CROSSING PH II
  • Land Acres: 0000000193
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • Legal Description 1: CAMRYNS CROSSING PH II LOT 15 ORB 4697 P 309

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 001301

Geography

  • Subdivision Phase Number: 2
  • Parcel: 11528-575-150
  • Lot: 15
  • Meridian: SEC 14 TWN 03S RNG 14W
  • Municipality: CITY OF LYNN HAVEN
  • Latitude: 30.2198
  • Longitude: -85.6216

    Address

  • Full Address: 130 Drews Ln
  • Address - House Number: 130
  • Address - Street Name: Drews
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Panama City
  • Carrier Code: R011
  • 4-Digit Zip Code: 5619
  • Zip Code: 32405

Valuation

    Tax

  • Total Area: 2,202
  • Tax Year: 2023
  • Tax Amount: $438,670
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.2371
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 66
  • Final Value: 392,600
  • High Value: 485,712
  • Low Value: 299,489

    Market Valuation

  • Market Total Value: $279,523
  • Market Land Value: $56,177
  • Market Improvement Value: $223,346

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $279,523
  • Assessed Land Value: $56,177
  • Assessed Improvements Value: $223,346

    Sales

  • Current Sale Contract Date: Jun 07, 2023
  • Current Sale Recording Date: Jun 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 35534
  • Previous Sale Recording Date: Jul 23, 2020
  • Previous Sale Contract Date: Jul 17, 2020
  • Previous Sale Amount: $302,500
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About St. Andrews Bay

Stats & Trends

Median Asking:

$330,895

Sale Price/ft²

$185

Below Asking

0.02%

Average Days on Market

89

Average Home Size

1933 ft²

Average Home Age

19.1 years

Currently For Sale

217 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Frequently Asked Questions

When was property at 130 Drews Lane built and last sold?
The property at 130 Drews Lane was built in 2020 and last sold on Jun 7, 2023 for $364,000.
How much is this home worth?
The estimated value of the home located at 130 Drews Lane is $367,233.
What are some comparable homes to 130 Drews Lane?
There are currently no comparable homes to 130 Drews Lane.
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