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Callaway 32404 Shadow Bay
7628 Shadow Bay Drive
Photo of 7628 Shadow Bay Drive
Sold on Mar 16, 2023

33

Map

Photo of 7628 Shadow Bay Drive
Photo of 7628 Shadow Bay Drive
$259,900
● House - Off Market

7628 Shadow Bay Drive

Panama City, FL 32404
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,440 Ft²
$267,823
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. AFFORDABLE MOVE IN READY home is ready for its new owners. Already equipped with a fenced in back yard for your kiddos or furry family members to play as well as a brand new shed out back for your additional storage. Very close to Tyndall AFB and less than 30 minutes to the beach. Quiet friendly neighborhood with sidewalks. When you walk in you will feel happy with all of the natural lighting making it bright and with a beautiful wood burning fireplace it will feel like home. The kitchen has sparkling granite counter tops, bright white cabinets a large pantry and stainless-steel appliances. Large Front and rear covered patios as well as a screened garage. Schedule your appointment today!
Unit Size
1,440 Ft²
Days on Market
59 days
Land Size
0.14 acres
Price per sqft
$180
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 5 days ago ( #735848)

Price History

Date / Event Date Event Price
Mar 16, 2023 Sold
Premium
Sold
Dec 16, 2022 Listed by Coldwell Banker Carroll Realty $259,900
Listed by Coldwell Banker Carroll Realty
Mar 20, 2013 Sold
Premium
Sold
Oct 30, 2007 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,316
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,860
  • Gross Building Area: 1,860
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHADOW BAY
  • Land Acres: 0000000145
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: SHADOW BAY UNIT 1 131D1 LOT 5 ORB 4668 P 77

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 000804

Zoning

  • Zoning: R6

Geography

  • Parcel: 06616-210-000
  • Lot: 5
  • Meridian: SEC 08 TWN 04S RNG 13W
  • Municipality: CITY OF CALLAWAY
  • Latitude: 30.1532
  • Longitude: -85.5602

    Address

  • Full Address: 7628 Shadow Bay Dr
  • Legal Unit: 1
  • Address - House Number: 7628
  • Address - Street Name: Shadow Bay
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City
  • Carrier Code: R028
  • 4-Digit Zip Code: 2412
  • Zip Code: 32404

Valuation

    Tax

  • Total Area: 1,719
  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 002

    Appraisal Valuation

  • Standard Deviation: 0.2595
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 63
  • Final Value: 215,852
  • High Value: 271,886
  • Low Value: 159,818

    Market Valuation

  • Market Total Value: $107,450
  • Market Land Value: $25,600
  • Market Improvement Value: $81,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,486

    Sales

  • Current Sale Contract Date: Mar 16, 2023
  • Current Sale Recording Date: Mar 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15958
  • Previous Sale Recording Date: Mar 20, 2013
  • Previous Sale Contract Date: Mar 14, 2013
  • Previous Sale Amount: $58,800
  • Previous Sale Document Type: 71
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 Shadow Bay

Stats & Trends

Median Asking:

$257,000

Sale Price/ft²

$156

Above Asking

0.00%

Average Days on Market

80

Average Home Size

1552 ft²

Average Home Age

23.3 years

Currently For Sale

3 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 7628 Shadow Bay Drive built and last sold?
The property at 7628 Shadow Bay Drive was built in 1986 and last sold on Mar 16, 2023 for $259,900.
How much is this home worth?
The estimated value of the home located at 7628 Shadow Bay Drive is $263,891.
What are some comparable homes to 7628 Shadow Bay Drive?
There are currently no comparable homes to 7628 Shadow Bay Drive.
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