162 Drews Lane

Local assessors in Panama City, FL have categorized 162 Drews Lane as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 6,621 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 530 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 162 Drews Lane has a total of 1,833 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 380 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable or hip style roof that was made of materials that we aren't sure of. Lots of brick were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 162 Drews Lane sold most recently in May 11, 2021 for a total of $309,900. If you work out the math, that's approximately a cost of $140.04 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,655 in taxes each year. The initial year of tax delinquency occurred in 2020. 162 Drews Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $301,948. If we break it down further, the land itself was valued at $56,177. Improvements to the property, however, were assessed at a total of $245,771. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.