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Bay 32409
259 Hidalgo
Photo of 259 Hidalgo
Sold on Feb 22, 2023

51

Map

Photo of 259 Hidalgo
Photo of 259 Hidalgo
$680,000
● House - Off Market

259 Hidalgo

Panama City, FL 32409
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,845 Ft²
$762,648
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

MOTIVATED SELLER!! Gorgeous home tucked away in a cul-de-sac on a larger water lot on the Bayou. This home offers 3 bedrooms, a bonus room above the garage, a flex room, & a spacious sunroom! You will love the one of a kind features this home has to offer from the wood burning fireplace, the beautifully upgraded cabinetry & flooring throughout, all granite counter tops, & lovely Bay views. Bring your boat home after a day on the water to unload at your own personal dock! Get ready to gather and relax outdoors on the back deck enjoying cookouts & making endless memories while watching the beautiful sunsets over the water! Fall in love with the luxury style community pool, spa, playground & pavilion space. This is a home you don't want to miss!
Unit Size
2,845 Ft²
Days on Market
111 days
Land Size
0.45 acres
Price per sqft
$257
Property Type
House
Property Taxes
$332
HOA Dues
$423
Year Built
2017

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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: 11 days ago ( #734211)

Price History

Date / Event Date Event Price
Feb 23, 2023 Sold
Premium
Sold
Nov 3, 2022 Listed by Keller Williams Success Realty $729,900
Listed by Keller Williams Success Realty
Jan 4, 2019 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • 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: 9
  • Roof Cover Type: 14
  • Floor Count: 200
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 557
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,516
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 3,402
  • Gross Building Area: 3,402
  • Building Area: 2,845
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,845
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FANNING BAYOU PH 2
  • Land Acres: 0000000471
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: FANNING BAYOU PH 2 LOT 44 SUBJ TO C EAS ORB 4086 P 1568) ORB 4659 P 2194

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 000204

Zoning

  • Zoning: BC02

Geography

  • Assessors Map Reference: MAP 88
  • Subdivision Phase Number: 2
  • Parcel: 08424-100-250
  • Lot: 44
  • Meridian: SEC 31 TWN 02S RNG 14W
  • Municipality: FIRE COUNTY MOSQUITO
  • Latitude: 30.2747
  • Longitude: -85.6759

    Address

  • Full Address: 259 Hidalgo Dr
  • Address - House Number: 259
  • Address - Street Name: Hidalgo
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City
  • Carrier Code: R004
  • 4-Digit Zip Code: 1749
  • Zip Code: 32409

Valuation

    Tax

  • Total Area: 3,193
  • Tax Year: 2023
  • Tax Amount: $543,793
  • Tax Rate Code Area: 055

    Appraisal Valuation

  • Standard Deviation: 0.2308
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 67
  • Final Value: 611,313
  • High Value: 752,459
  • Low Value: 470,167

    Market Valuation

  • Market Total Value: $431,055
  • Market Land Value: $85,053
  • Market Improvement Value: $346,002

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $431,055
  • Assessed Land Value: $85,053
  • Assessed Improvements Value: $346,002

    Sales

  • Current Sale Contract Date: Feb 23, 2023
  • Current Sale Recording Date: Feb 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10835
  • Previous Sale Recording Date: Jan 04, 2019
  • Previous Sale Contract Date: Dec 27, 2018
  • Previous Sale Amount: $438,150
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: VAR
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 Bay

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$247

Below Asking

0.02%

Average Days on Market

110

Average Home Size

1440 ft²

Average Home Age

24.5 years

Currently For Sale

2950 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 259 Hidalgo Drive built and last sold?
The property at 259 Hidalgo Drive was built in 2017 and last sold on Feb 23, 2023 for $680,000.
How much is this home worth?
The estimated value of the home located at 259 Hidalgo Drive is $733,979.
What are some comparable homes to 259 Hidalgo Drive?
There are currently no comparable homes to 259 Hidalgo Drive.
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