Check Availability

245 Sherman Avenue

245 Sherman Avenue, Panama City, FL 32401
Property in Old Mill
Sold Nov 08, 2019
$126,000
$104,000 by Tyndall Fcu
Mortgage Due Dec 01, 2049
Sold Jul 17, 2015
$75,000
$75,000 by First National Bank
Mortgage
245 Sherman Avenue in Panama City, FL was first built in 2015 and is 9 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 245 Sherman Avenue has 810 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 800. In total, the area measurement of the land is 3,963 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable or hip style roof made of metal. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. The property was last sold in Nov 8, 2019 for $126,000. That's $155.56 per sqft. Prior to that sales transaction, the property was also sold in Jul 17, 2015 for $75,000. 245 Sherman Avenue was last assessed in 2023. The total value of the property was assessed at $113,163. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,448. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,963
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 500
  • Total Building Area: 810
  • Gross Building Area: 810
  • Building Area: 810
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 810
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLD MILL ADD
  • Land Acres: 0.091
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OLD MILL ADD LOTS 10 & 11 AND THE EAST 10 LOT 8 LYING BETWEEN NORTH LINE OF LOT 10 & SOUTH LINE OF LOT 11 BLK 3 ORB 4189 P 195

Ownership

  • Current Owner : HOOD KAREN
  • Previous Owner : KING S BAY COTTAGE LLC
  • Owner Before Previous Owner: KINGS BAY CONSTRUCTION LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 001800

Zoning

  • Zoning: MU1

Geography

  • Parcel: 22412-020-000
  • Block: 3
  • Lot: 8,10
  • Meridian: SEC 10 TWN 04S RNG 14W
  • Municipality: CITY OF PANAMA CITY
  • Latitude: 30.1529
  • Longitude: -85.6337

    Address

  • Full Address: 245 Sherman Ave
  • Address - House Number: 245
  • Address - Street Name: Sherman
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Panama City
  • Carrier Code: C013
  • 4-Digit Zip Code: 4878
  • Zip Code: 32401

Valuation

    Tax

  • Total Area: 810
  • Tax Year: 2023
  • Tax Amount: $1,448
  • Tax Rate Code Area: 016

    Appraisal Valuation

  • Standard Deviation: 0.2456
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 65
  • Final Value: 213,909
  • High Value: 266,447
  • Low Value: 161,372

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $104,000
  • First Open Lien Mortgage Lender: TYNDALL FCU
  • First Open Lien Mortgage Recording Date: Nov 08, 2019
  • First Open Lien Mortgage Loan Amount: $104,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $135,397
  • Market Land Value: $11,550
  • Market Improvement Value: $123,847

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,163

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 08, 2019
  • Current Sale Recording Date: Nov 08, 2019
  • Current Sale Transaction ID: 11678212885
  • Current Sale Price: $126,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019097317
  • Previous Sale Recording Date: Jul 17, 2015
  • Previous Sale Contract Date: Jul 17, 2015
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TYNDALL FCU
  • First Mortgage Transaction Date: Nov 08, 2019
  • First Mortgage Loan Amount: $104,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK
  • Previous Mortgage Transaction Date: Jul 17, 2015
  • Previous Mortgage Loan Amount: $75,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Balloon

About Old Mill



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 3902 Wave Avenue, Panama City, FL, 32404

$1,400 /mo

  • 2 Beds
  • 1 Bath
  • 812 ft²
3902 Wave Avenue #A, Panama City, FL, 32404 Listing by Briana Colvin
Unit for rent at 517 E 5th Court, Panama City, FL, 32401

$1,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,260 ft²
517 E 5th Court, Panama City, FL, 32401 Listing by Briana Colvin

Frequently Asked Questions

What neighborhood is 245 Sherman Avenue located in?
The 245 Sherman Avenue is a located in the neighborhood of Old Mill in Old Mill, Panama City.
What is the average sales price for listings in 245 Sherman Avenue?
The average sales price for units in 245 Sherman Avenue is $0 currently.

Quantcast