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Pretty Bayou 32405 Ashland
4401 Ashland Road
Photo of 4401 Ashland Road
Sold on Jan 13, 2023

28

Map

Photo of 4401 Ashland Road
Photo of 4401 Ashland Road
$425,000
● House - Off Market

4401 Ashland Road

Panama City, FL 32405
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,204 Ft²
$475,315
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS.

LOCATION, LOCATION, LOCATION. This is one of the greatest locations in Panama City. Walking distance to FSU and GCSC, water views of North Bay, and less than a mile from the Hathaway Bridge and 23rd St. Large beautiful oak trees surround the front yard providing natural shade and landscape. Located on a 1/2 acre corner lot, this 2200 sq ft 4 bedroom home has great space and several updates. The large bay windows cover the front of the home allowing all of the natural sunlight to illuminate the home while you soak in gorgeous views of North Bay. The updates include but are not limited to: new metal roof, new fence, new garage doors, new refrigerator, and new shutters.
Unit Size
2,204 Ft²
Days on Market
121 days
Land Size
0.47 acres
Price per sqft
$204
Property Type
House
Property Taxes
$157
HOA Dues
-
Year Built
1973

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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: 22 days ago ( #732183)

Price History

Date / Event Date Event Price
Jan 13, 2023 Sold
Premium
Sold
Sep 14, 2022 Listed by Think Real Estate $449,000
Listed by Think Real Estate
Dec 13, 2013 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1993
  • 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: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 644
  • Parking Space Count: 0
  • Patio Type: 55
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,691
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 2,848
  • Gross Building Area: 2,848
  • Building Area: 2,204
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,204
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ASHLAND PLAT
  • Land Acres: 0000000475
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: ASHLAND PLAT LOTS 15 & 16 BLK B ORB 4648 P 1039

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002500

Zoning

  • Zoning: BC15

Geography

  • Parcel: 27310-000-000
  • Block: B
  • Lot: 15,16
  • Meridian: SEC 26 TWN 03S RNG 15W
  • Municipality: FIRE COUNTY MOSQUITO
  • Latitude: 30.1918
  • Longitude: -85.7181

    Address

  • Full Address: 4401 Ashland Rd
  • Address - House Number: 4401
  • Address - Street Name: Ashland
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Panama City
  • Carrier Code: C007
  • 4-Digit Zip Code: 1024
  • Zip Code: 32405

Valuation

    Tax

  • Total Area: 2,565
  • Tax Year: 2023
  • Tax Amount: $212,248
  • Tax Rate Code Area: 055

    Appraisal Valuation

  • Standard Deviation: 0.234
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 67
  • Final Value: 417,449
  • High Value: 515,143
  • Low Value: 319,755

    Market Valuation

  • Market Total Value: $227,395
  • Market Land Value: $45,500
  • Market Improvement Value: $181,895

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,522

    Sales

  • Current Sale Contract Date: Jan 13, 2023
  • Current Sale Recording Date: Jan 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2577
  • Previous Sale Recording Date: Dec 13, 2013
  • Previous Sale Contract Date: Dec 10, 2013
  • Previous Sale Amount: $225,000
  • 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 Ashland

Stats & Trends

Median Asking:

$1,199,500

Sale Price/ft²

$291

Above Asking

0.00%

Average Days on Market

48

Average Home Size

3088 ft²

Average Home Age

26.5 years

Currently For Sale

0 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 4401 Ashland Road built and last sold?
The property at 4401 Ashland Road was built in 1973 and last sold on Jan 13, 2023 for $425,000.
How much is this home worth?
The estimated value of the home located at 4401 Ashland Road is $452,331.
What are some comparable homes to 4401 Ashland Road?
There are currently no comparable homes to 4401 Ashland Road.
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