3 months on rocket

121 Cheri Ln, Panama City, FL, 32404

$119,990

Home List Price

$1,425*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
972 SqFt
$123/SqFt
Townhouse

Location

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121 Cheri Ln, Panama City$119,990

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingDriveway
Year Built1984
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #762160
StatusActive

About 121 Cheri Ln

***DRASTIC PRICE REDUCTION...WON'T LAST LONG NOW!!!*** Newly renovated 2 bedroom, 1.5 bathroom with a laundry room/possible small office enclosure added in. As per the seller, updates and upgrades include: All new drywall, tile flooring, cabinets, appliances, water heater, windows, fixtures and knobs, A/C unit, as well as new interior and exterior paint. 2019 roof as well. Practically impossible to find livable properties in Panama City under $120,000 so hurry up before it gets away!! All information is approximate and should be verified by buyers if important

Property Details

Property Features

Property Information:

  • Year Built: 1984
  • Living Area: 972 SqFt

Listing Office:

  • Office Name: RE/MAX Freedom

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: Business 98 towards Tyndall, turn left right past the bend

Price Information

Listing Price Info

Price Summary:

  • List Price: $119,990
  • Price Per SqFt: $123/SqFt

Tax Information:

  • Annual Amount: $407
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

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Panama City, FL

City

Med. Sold Price

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

121 Cheri Ln vs Panama City

108 DAYS ON ROCKET

+29 Days

$119,990

-$219.2K Less

$123/SqFt

-$78 Less

KEY TAKEAWAY

This property is $219.2K less than the Median Sold Price and $78/SqFt less than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #762160

Listing Office:

  • Office Name: RE/MAX Freedom

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 5:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 05, 2003Home Sold
$42,800
Nov 26, 2002Home Sold
$32,000

Tax History

YEARPROP. TAXASSESSMENT
2020$407$38,262
2018$451$41,802
2017$466$42,306

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-882045
3
/10

  • Parker Elementary School

  • 640 S Highway 22 A

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-882046
3
/10

  • Callaway Elementary School

  • 7115 E Highway 22

  • 2.26 miles

  • Public District Grades KG-5

school-card-donut-882047
1
/10

  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 3.06 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,500. Most Panama City, FL residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 121 Cheri Ln

What is the listing price of this property?

The listing price of 121 Cheri Ln property is $119,990.

What type of property is this?

The property 121 Cheri Ln is a townhouse located in Panama City, Florida, 32404.

Is this property for sale now?

Active Listing: 121 Cheri Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $407 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 5, 2003 for $42,800. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 121 Cheri Ln has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 121 Cheri Ln is 972 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 121 Cheri Ln is 1984.

Rocket Homes›Florida›Bay County›Panama City›32404›121 Cheri Ln

This home is located at 121 Cheri Ln in Panama City, FL and zip code 32404. This 972 square foot home was built in 1984. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $119,990.

Over 13 listings were sold over their listed price in November 2024 in Panama City, FL. In the same period over 120 listings were sold below the listed price and 33 listings were sold for the listed price. In November 2024 in Panama City, FL there were 3.9% less homes for sale than in October 2024. In November 2024, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $339,223.

From Rocket Homes Real Estate and based on county public records data.

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