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Panama City 32405 Meadowbrook Estates
2215 Westover Drive
Photo of 2215 Westover Drive
Sold on May 17, 2023

10

Map

Photo of 2215 Westover Drive
Photo of 2215 Westover Drive
$165,000
● House - Off Market

2215 Westover Drive

Panama City, FL 32405
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,672 Ft²
$166,279
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

For comparison purposes
Unit Size
1,672 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$99
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1972

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 ( #741551)

Price History

Date / Event Date Event Price
May 17, 2023 Listed by Think Real Estate $165,000
Listed by Think Real Estate
May 12, 2023 Sold
Premium
Sold
Dec 22, 2022 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 20
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,211
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,416
  • Gross Building Area: 2,416
  • Building Area: 1,888
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,888
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWBROOK ESTATES
  • Land Acres: 0000000464
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: MEADOWBROOK ESTATES LOTS 1,2 BLK A LESS SR R/W ORB 4688 P 610

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002300

Zoning

  • Zoning: PC01

Geography

  • Parcel: 28481-070-000
  • Block: A
  • Lot: 1,2
  • Meridian: SEC 36 TWN 03S RNG 15W
  • Municipality: CITY OF PANAMA CITY
  • Latitude: 30.1893
  • Longitude: -85.697

    Address

  • Full Address: 2215 Westover Dr
  • Address - House Number: 2215
  • Address - Street Name: Westover
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City
  • Carrier Code: C012
  • 4-Digit Zip Code: 2335
  • Zip Code: 32405

Valuation

    Tax

  • Total Area: 2,185
  • Tax Year: 2023
  • Tax Amount: $391,628
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 016

    Appraisal Valuation

  • Standard Deviation: 0.2574
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 63
  • Final Value: 239,615
  • High Value: 301,316
  • Low Value: 177,915

    Market Valuation

  • Market Total Value: $226,110
  • Market Land Value: $58,725
  • Market Improvement Value: $167,385

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $226,110
  • Assessed Land Value: $58,725
  • Assessed Improvements Value: $167,385

    Sales

  • Current Sale Contract Date: May 04, 2023
  • Current Sale Recording Date: May 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 29578
  • Previous Sale Recording Date: Dec 22, 2022
  • Previous Sale Contract Date: Apr 04, 2022
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 71
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 Meadowbrook Estates

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

1673 ft²

Average Home Age

52 years

Currently For Sale

1 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

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Frequently Asked Questions

When was property at 2215 Westover Drive built and last sold?
The property at 2215 Westover Drive was built in 1972 and last sold on May 4, 2023 for $165,000.
How much is this home worth?
The estimated value of the home located at 2215 Westover Drive is $353,500.
What are some comparable homes to 2215 Westover Drive?
There are currently no comparable homes to 2215 Westover Drive.
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