5 months on rocket

1616 Billings Ave, Panama City, FL, 32401

$299,000

Home List Price

$3,551*

Closing Credit

3 Bedrooms
2 Full Baths
1,196 SqFt
$250/SqFt
House

Location

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1616 Billings Ave, Panama City$299,000

Buyer Closing Credits

$3,551*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1943
HeatingCentral
CoolingCentral Air, Gas
MLS #757529
Lot Size0.25 Acres
StatusActive

About 1616 Billings Ave

Beautiful 3bd/2ba top to bottom renovated home sits on a huge quarter acre corner lot with plenty of room for the addition of a pool or detached garage! The home sits just a block away from Panama City's Lake Huntington and St. Andrews Bay. With a short distance to the wonderful area of Historic St. Andrews, you have access to Panama City's endless varieties of entertainment and dining. Whether it's investing in short-term rental or long term rental opportunities or an affordable second home by the bay, this is a valuable turn-key property that won't last long!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1943
  • Living Area: 1,196 SqFt

Listing Office:

  • Office Name: EXP Realty LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Disposal, Microwave

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Gas

Other

Directions Information:

  • Directions: West on Hwy 98 past beck. Turn left on Billings. Home is on the corner of Billings and 17th.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000
  • Price Per SqFt: $250/SqFt

Tax Information:

  • Annual Amount: $949
  • 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

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

1616 Billings Ave vs Panama City

176 DAYS ON ROCKET

+99 Days

$299,000

-$40.4K Less

$250/SqFt

+$48 More

KEY TAKEAWAY

This property is $40.4K less than the Median Sold Price and $48/SqFt more 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: #757529

Listing Office:

  • Office Name: EXP Realty LLC

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: 11/22/2024, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$949$46,057
2018$845$55,818
2017$782$52,180

History based on county public records data.

Payment Calculator

$1,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

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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-590303
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-590304
1
/10

  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 1.07 miles

  • Public District Grades PK-5

school-card-donut-590305
4
/10

  • Northside Elementary School

  • 2001 Northside Dr

  • 1.78 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 $34,032. The most common annual income of people living in Panama City, FL is less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1616 Billings Ave

What is the listing price of this property?

The listing price of 1616 Billings Ave property is $299,000.

What type of property is this?

The property 1616 Billings Ave is a house located in Panama City, Florida, 32401.

Is this property for sale now?

Active Listing: 1616 Billings Ave 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 $949 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1616 Billings Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1616 Billings Ave is 1,196 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1616 Billings Ave is 1943.

Rocket Homes›Florida›Bay County›Panama City›32401›1616 Billings Ave

This home is located at 1616 Billings Ave in Panama City, FL and zip code 32401. This 1,196 square foot home, which was built in 1943, sits on a 0.25 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 29, 2024 and is currently priced at $299,000.

In October 2024 more than 16 listings in Panama City, FL were sold above the asking price. During the same period more than 40 listings were sold at asking price, while more than 138 were sold below. In October 2024 in Panama City, FL there were 1.7% less homes for sale than in September 2024. While the average time on the market in October 2024 was 77 days, the median list price was $339,477.

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

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