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507 Parkwood Court

507 Parkwood Court, Panama City, FL 32405
House in The Woods
Sold Dec 10, 2019
$267,000
$253,650 by Fbc Mortgage Llc
Mortgage Due Jan 01, 2050
507 Parkwood Court has been categorized by the local assessors in Panama City, FL as a residential type of property. The building on the property was first built in 1994 and is 30 years old. However, we must point out that the home was most recently renovated and altered in 2014. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 507 Parkwood Court has 2,010 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 15,864 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 547 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of materials that we aren't sure of. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 507 Parkwood Court sold most recently in Dec 9, 2019 for a total of $267,000. If you work out the math, that's approximately a cost of $104.42 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,015 in taxes each year. 507 Parkwood Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $264,672. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 547
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,864
  • Total Building Area: 2,557
  • Gross Building Area: 2,557
  • Building Area: 2,010
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,010
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE WOODS PHASE 2
  • Land Acres: 0.364
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE WOODS PHASE 2 LOT 9 ORB 4200 P 26

Ownership

  • Current Owner : MOORE MARCUS MANDELL
  • Current Owner 2: MOORE LORI
  • Previous Owner : KELLEY DAVID R
  • Previous Owner 2: LANE DARLENE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 001502

Zoning

  • Zoning: RLD1

Geography

  • Subdivision Phase Number: 2
  • Parcel: 12987-079-000
  • Lot: 9
  • Meridian: SEC 28 TWN 03S RNG 14W
  • Municipality: CITY OF PANAMA CITY
  • Latitude: 30.194
  • Longitude: -85.6533

    Address

  • Full Address: 507 Parkwood Ct
  • Address - House Number: 507
  • Address - Street Name: Parkwood
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Panama City
  • Carrier Code: C019
  • 4-Digit Zip Code: 4446
  • Zip Code: 32405

Valuation

    Tax

  • Total Area: 2,322
  • Tax Year: 2023
  • Tax Amount: $4,015
  • Tax Rate Code Area: 016

    Appraisal Valuation

  • Standard Deviation: 0.2371
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 66
  • Final Value: 413,715
  • High Value: 511,834
  • Low Value: 315,597

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $253,650
  • First Open Lien Mortgage Lender: FBC MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 10, 2019
  • First Open Lien Mortgage Loan Amount: $253,650
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $285,723
  • Market Land Value: $61,745
  • Market Improvement Value: $223,978

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $264,672

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 09, 2019
  • Current Sale Recording Date: Dec 10, 2019
  • Current Sale Transaction ID: 11710643927
  • Current Sale Price: $267,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019105098

    Last Sale Mortgage

  • First Mortgage Lender: FBC MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 10, 2019
  • First Mortgage Loan Amount: $253,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

About St. Andrews Bay



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Frequently Asked Questions

What neighborhood is 507 Parkwood Court located in?
The 507 Parkwood Court is a house located in the neighborhood of The Woods in St. Andrews Bay, Panama City.
What is the average sales price for listings in 507 Parkwood Court?
The average sales price for units in 507 Parkwood Court is $299,000 , or $149/sqft. currently.

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