new - 6 days on rocket

2315 E 16th Ct, Panama City, FL, 32405

$175,000

Home List Price

$2,078*

Closing Credit

3 Bedrooms
1 Full Bath
1,075 SqFt
$163/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

2315 E 16th Ct, Panama City$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built1955
MLS #965412
StatusActive

About 2315 E 16th Ct

This charming 3 bedroom, 1 bath home is located in the heart of Panama City and in a family friendly neighborhood! This fully remodeled home has had recent upgrades to include - new kitchen, new countertops, appliances, fresh paint, new windows, new tile/carpet flooring throughout, and an updated bathroom! This home also features a wood burning fireplace in living room, eat in breakfast nook, and a huge backyard! come to view your new home! Built in the 50s but with an effective year in the 2000s, this HUD REO property was remodeled in the past and has a full brick fireplace. Home has block exterior, dimensional shingled roof and detached carport cover. Inside you will find indoor laundry, tiled floors and 3 bedrooms and 1 bath. Home needs some repairs and therefore will not qualify for all repairs, but home is FHA insurance with Escrows (IE).

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1955
  • Stories: 1
  • Living Area: 1,075 SqFt

Listing Office:

  • Office Name: Assurance Realty of NWFL LLC
  • Office Email: donnamozina@gmail.com
  • Listing Agent: Cosmo M Spellings

Interior Features

Interior Information:

  • Flooring Type: Tile
  • Interior: Woodwork Painted

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Other

Directions Information:

  • Directions: Hwy 231 to 16th. Follow to home on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $163/SqFt

Tax Information:

  • Annual Amount: $686
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Panama City, FL

City

Med. Sold Price

$339.4K

Med. Price/SqFt

$202

Avg. Days On Market

79

# of Sold Homes

196

2315 E 16th Ct vs Panama City

6 DAYS ON ROCKET

-73 Days

$175,000

-$164.4K Less

$163/SqFt

-$40 Less

KEY TAKEAWAY

This property is $164.4K less than the Median Sold Price and $40/SqFt less than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #965412

Listing Office:

  • Office Name: Assurance Realty of NWFL LLC
  • Office Email: donnamozina@gmail.com
  • Listing Agent: Cosmo M Spellings

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. 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: 1/7/2025, 11:51:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 15, 2021Home Sold
$75,000
Mar 25, 2014Home Sold
$29,000
Jul 28, 2009Home Sold
$55,000
Mar 31, 2005Home Sold
$112,500
Nov 04, 1999Home Sold
$57,400

Tax History

YEARPROP. TAXASSESSMENT
2020$686$53,768
2018$836$65,439
2017$855$65,798

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

Powered By

Rocket Mortgage

Advertisement

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-1039916
1
/10

  • Cedar Grove Elementary School

  • 2826 E 15th St

  • 0.66 miles

  • Public District Grades PK-5

school-card-donut-1039917
3
/10

  • Hiland Park Elementary School

  • 2507 E Baldwin Rd

  • 1.78 miles

  • Public District Grades KG-5

school-card-donut-1039918
1
/10

  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 2.25 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. The majority of Panama City, FL residents have income less than $35k annually. Typical family type 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 2315 E 16th Ct

What is the listing price of this property?

The listing price of 2315 E 16th Ct property is $175,000.

What type of property is this?

The property 2315 E 16th Ct is a house located in Panama City, Florida, 32405.

Is this property for sale now?

Active Listing: 2315 E 16th Ct 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 $686 (source: MLS/based on county public records data).

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

The last sale was on June 15, 2021 for $75,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2315 E 16th Ct has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2315 E 16th Ct is 1,075 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2315 E 16th Ct is 1955.

Rocket Homes›Florida›Bay County›Panama City›32405›2315 E 16th Ct

This home is located at 2315 E 16th Ct in Panama City, FL and zip code 32405 in the Saint Andrews Bay neighborhood. This 1,075 square foot home was built in 1955. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 01, 2025 and is currently priced at $175,000.

In December 2024 more than 11 listings in Panama City, FL were sold above the asking price. During the same period more than 39 listings were sold at asking price, while more than 146 were sold below. The inventory of homes for sale in Panama City, FL between November 2024 and December 2024 decreased by 1.4%. In December 2024 median list price was $339,456 and the average listing age was 79 days.

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

More Resources