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4908 Colorado St, Panama City, FL, 32404

$185,000

Home List Price

$2,197*

Closing Credit

3 Bedrooms
1 Full Bath
1,300 SqFt
$142/SqFt
House

Location

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4908 Colorado St, Panama City$185,000

Buyer Closing Credits

$2,197*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport
Year Built1969
HeatingCentral
MLS #764829
Lot Size0.23 Acres
StatusActive

About 4908 Colorado St

Investors, take note! Welcome to 4908 Colorado Street a fantastic investment opportunity in the vibrant heart of Panama City. This 4-bedroom, 2-bathroom property is loaded with potential and ideal for rental income, a remodel, or as part of a long-term investment portfolio. With a large fenced-in backyard, there's ample space for future projects, expansions, or adding outdoor features to maximize appeal and value. The backyard offers a blank slate for entertaining areas, gardening, or even a pool, making this property attractive to future tenants or buyers.Set on a generously sized lot, this home provides plenty of outdoor space--perfect for investors looking to enhance curb appeal or create additional living areas.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1969
  • Living Area: 1,300 SqFt

Listing Office:

  • Office Name: Think Real Estate

Interior Features

Interior Information:

  • Appliances: Electric Range
  • Interior: Breakfast Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Columns

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central

Other

Directions Information:

  • Directions: Traveling (South) on 98 take a right (West) on Hwy 22, take a left on Hwy 22A N, Then a right on Colorado street house will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $185,000
  • Price Per SqFt: $142/SqFt

Tax Information:

  • Annual Amount: $446
  • 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

4908 Colorado St vs Panama City

6 DAYS ON ROCKET

-71 Days

$185,000

-$154.4K Less

$142/SqFt

-$60 Less

KEY TAKEAWAY

This property is $154.4K less than the Median Sold Price and $60/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: #764829

Listing Office:

  • Office Name: Think Real Estate

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: 11/18/2024, 8:20:52 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

Oct 01, 1996Home Sold
$48,000

Tax History

YEARPROP. TAXASSESSMENT
2020$446$48,206
2018$554$61,150
2017$570$61,478

History based on county public records data.

Payment Calculator

$991

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$621

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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-884596
3
/10

  • Parker Elementary School

  • 640 S Highway 22 A

  • 1.01 miles

  • Public District Grades PK-5

school-card-donut-884597
3
/10

  • Callaway Elementary School

  • 7115 E Highway 22

  • 1.86 miles

  • Public District Grades KG-5

school-card-donut-884598
1
/10

  • Cedar Grove Elementary School

  • 2826 E 15th St

  • 2.09 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 $50,821. Residents of Panama City, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4908 Colorado St

What is the listing price of this property?

The listing price of 4908 Colorado St property is $185,000.

What type of property is this?

The property 4908 Colorado St is a house located in Panama City, Florida, 32404.

Is this property for sale now?

Active Listing: 4908 Colorado 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 $446 (source: MLS/based on county public records data).

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

The last sale was on October 1, 1996 for $48,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4908 Colorado St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4908 Colorado St is 1,300 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4908 Colorado St is 1969.

Rocket Homes›Florida›Bay County›Panama City›32404›4908 Colorado St

This home is located at 4908 Colorado St in Panama City, FL and zip code 32404 in the Cherry Hill neighborhood. This 1,300 square foot home, which was built in 1969, sits on a 0.23 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $185,000.

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. The inventory of homes for sale in Panama City, FL between September 2024 and October 2024 decreased by 1.7%. In October 2024 median list price was $339,477 and the average listing age was 77 days.

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

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