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Callaway 32404
316 Highbrook Road Road
Photo of 316 Highbrook Road Road
Sold on May 31, 2023

34

Map

Photo of 316 Highbrook Road Road
Photo of 316 Highbrook Road Road
$372,500
● House - Off Market

316 Highbrook Road Road

Panama City, FL 32404
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,197 Ft²
$371,861
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS This beautiful and popular Kennedy floor plan home ON the water, and with a community pool is ready for it's new owners! The Kennedy floor plan features a separate 'mother in law suite' with a private entrance that could be used as a separate living area, play room, office OR could be used for rental income. This home has been well cared for and is in IMMACULATE condition.
Unit Size
2,197 Ft²
Days on Market
76 days
Land Size
0.22 acres
Price per sqft
$168
Property Type
House
Property Taxes
-
HOA Dues
$88
Year Built
2019

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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 ( #738002)

Price History

Date / Event Date Event Price
Jun 1, 2023 Sold
Premium
Sold
Feb 6, 2023 Listed by Beach House Sales and Development $369,000
Listed by Beach House Sales and Development
Mar 3, 2020 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,713
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,661
  • Gross Building Area: 2,661
  • Building Area: 2,199
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,199
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRIDGE HARBOR INLET
  • Land Acres: 0000000223
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • Legal Description 1: BRIDGE HARBOR INLET LOT 13 ORB 4694 P 1321

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 000806

Geography

  • Assessors Map Reference: MAP 132D
  • Parcel: 07379-900-065
  • Lot: 13
  • Meridian: SEC 20 TWN 04S RNG 13W
  • Municipality: CITY OF CALLAWAY
  • Latitude: 30.1261
  • Longitude: -85.5711

    Address

  • Full Address: 316 Highbrook Rd
  • Address - House Number: 316
  • Address - Street Name: Highbrook
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Panama City
  • Carrier Code: C016
  • 4-Digit Zip Code: 9811
  • Zip Code: 32404

Valuation

    Tax

  • Total Area: 2,504
  • Tax Year: 2023
  • Tax Amount: $422,938
  • Tax Rate Code Area: 002

    Appraisal Valuation

  • Standard Deviation: 0.4882
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 2
  • Final Value: 432,023
  • High Value: 642,960
  • Low Value: 221,085

    Market Valuation

  • Market Total Value: $310,152
  • Market Land Value: $56,900
  • Market Improvement Value: $253,252

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,707

    Sales

  • Current Sale Contract Date: May 31, 2023
  • Current Sale Recording Date: Jun 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33718
  • Previous Sale Recording Date: Mar 03, 2020
  • Previous Sale Contract Date: Feb 27, 2020
  • Previous Sale Amount: $289,900
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: ADJ
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 Callaway

Stats & Trends

Median Asking:

$292,450

Sale Price/ft²

$169

Below Asking

0.02%

Average Days on Market

96

Average Home Size

1535 ft²

Average Home Age

20.7 years

Currently For Sale

142 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 316 Highbrook Road built and last sold?
The property at 316 Highbrook Road was built in 2019 and last sold on May 31, 2023 for $372,500.
How much is this home worth?
The estimated value of the home located at 316 Highbrook Road is $373,656.
What are some comparable homes to 316 Highbrook Road?
There are currently no comparable homes to 316 Highbrook Road.
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