2 months on rocket

2221 E 16th St, Panama City, FL, 32405

$140,000

Home List Price

$1,663*

Closing Credit

2 Bedrooms
1 Full Bath
878 SqFt
$159/SqFt
House

Location

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2221 E 16th St, Panama City$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Carport, Driveway
Year Built1959
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #762941
Lot Size0.30 Acres
StatusActive

About 2221 E 16th St

GREAT investment opportunity on a double lot in central Panama City! Two-bedroom, one bath home with a Florida Room. The double lot offers many possibilities! Water and power in the backyard presumably for recreational vehicles. Additionally, the shed has power! Parking is not a problem and plenty of room for work vehicle and boat. Roof was replaced March of 2023 and the front porch was added at that time. AC Replaced in 2020. Imagine the potential! Current use is Residential and is Listed as GCOM in Bay County. Don't miss out, call today!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1959
  • Living Area: 878 SqFt

Listing Office:

  • Office Name: Keller Williams Success Realty

Interior Features

Interior Information:

  • Appliances: Gas Range, Gas Water Heater, Refrigerator

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Additional Parking, Carport, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: From the intersection of Hwy 98 and MLK Jr Blvd, head East on Hwy 98 toward Callaway about one mile. Turn left onto CR-2337 then turn left onto E 16th St. The property is ahead on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000
  • Price Per SqFt: $159/SqFt

Tax Information:

  • Annual Amount: $62
  • 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

2221 E 16th St vs Panama City

87 DAYS ON ROCKET

+8 Days

$140,000

-$199.2K Less

$159/SqFt

-$42 Less

KEY TAKEAWAY

This property is $199.2K less than the Median Sold Price and $42/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: #762941

Listing Office:

  • Office Name: Keller Williams Success Realty

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, 2:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$62$35,416
2018$72$36,726
2017$70$35,971

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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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-854015
1
/10

  • Cedar Grove Elementary School

  • 2826 E 15th St

  • 0.75 miles

  • Public District Grades PK-5

school-card-donut-854016
3
/10

  • Hiland Park Elementary School

  • 2507 E Baldwin Rd

  • 1.85 miles

  • Public District Grades KG-5

school-card-donut-854017
1
/10

  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 2.17 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 $36,071. Residents of Panama City, FL typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2221 E 16th St

What is the listing price of this property?

The listing price of 2221 E 16th St property is $140,000.

What type of property is this?

The property 2221 E 16th St is a house located in Panama City, Florida, 32405.

Is this property for sale now?

Active Listing: 2221 E 16th St 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 $62 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2221 E 16th St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2221 E 16th St is 878 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2221 E 16th St is 1959.

Rocket Homes›Florida›Bay County›Panama City›32405›2221 E 16th St

This home is located at 2221 E 16th St in Panama City, FL and zip code 32405 in the Saint Andrews Bay neighborhood. This 878 square foot home, which was built in 1959, sits on a 0.30 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $140,000.

Panama City, FL housing market in November 2024 saw over 13 listings sold above listed price, more than 33 sold at listed price and over 120 sold below. Between October 2024 and November 2024, Panama City, FL real estate market has seen decrease in the number of listings by 3.9%. Listings spent 79 days on the market in November 2024, and had a median list price of $339,223 during the same period.

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

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