5 months on rocket

522 E 5th St, Panama City, FL, 32401

$259,900

Home List Price

$3,086*

Closing Credit

3 Bedrooms
1 Full Bath
1,170 SqFt
$222/SqFt
House

Location

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522 E 5th St, Panama City$259,900

Buyer Closing Credits

$3,086*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Driveway
Year Built1938
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #759853
Lot Size0.16 Acres
StatusActive

About 522 E 5th St

**Welcome to The COVE**This Charming Cove Cottage features 3 full bedrooms, Newly renovated 1 full bath and kitchen, with new stainless steel appliances. A decent size laundry room with cabinetry, for extra storage. The outside of home features a large, beautiful, shaded backyard with total enclosed wood privacy fence for all your outdoor activities, equipped with a new detached shed perfect for storage. This home is ready for you to move in and make it your own, schedule your showing today!*Information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer*● Concrete driveway 2024● Newly site built shed 2024● Fresh Exterior & Interior paint 2024● Flooring including Sub-floors 2024● Full Kitchen & Laundry Renovation 2024● Full Bathroom Renovation 2024● New Complete HVAC March 2023●All New siding 2021●All New windows 2021

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1938
  • Living Area: 1,170 SqFt

Listing Office:

  • Office Name: Overstreet Realty

Interior Features

Interior Information:

  • Appliances: Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Carport, Driveway

Virtual/3D Tour

  • Virtual Tour: 522 E 5th St
Virtual Tour

Lot Features

Lot Information:

  • Lot: Cleared, Interior Lot
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From the intersection of Business Hwy 98 and MLK Blvd, Head South on MLK/Cove Blvd, Then take a Right onto E 5th Street, Home will be down on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $259,900
  • Price Per SqFt: $222/SqFt

Tax Information:

  • Annual Amount: $588
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

522 E 5th St vs Panama City

162 DAYS ON ROCKET

+83 Days

$259,900

-$79.3K Less

$222/SqFt

+$21 More

KEY TAKEAWAY

This property is $79.3K less than the Median Sold Price and $21/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: #759853

Listing Office:

  • Office Name: Overstreet 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, 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

Jun 15, 2005Home Sold
$135,000

Tax History

YEARPROP. TAXASSESSMENT
2020$588$23,969
2018$746$49,314
2017$741$49,437

History based on county public records data.

Payment Calculator

$1,365

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

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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-882843
1
/10
  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-882844
6
/10
  • Palm Bay Elementary School

  • 1104 Balboa Ave

  • 1.52 miles

  • Public Charter Grades KG-5

school-card-donut-882845
1
/10
  • Cedar Grove Elementary School

  • 2826 E 15th St

  • 2.26 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,803. The majority of Panama City, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 522 E 5th St

What is the listing price of this property?

The listing price of 522 E 5th St property is $259,900.

What type of property is this?

The property 522 E 5th St is a house located in Panama City, Florida, 32401.

Is this property for sale now?

Active Listing: 522 E 5th 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 $588 (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, 2005 for $135,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 522 E 5th St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 522 E 5th St is 1,170 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 522 E 5th St is 1938.

Rocket Homes›Florida›Bay County›Panama City›32401›522 E 5th St

This home is located at 522 E 5th St in Panama City, FL and zip code 32401 in the Bunkers Cove neighborhood. This 1,170 square foot home, which was built in 1938, sits on a 0.16 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 12, 2024 and is currently priced at $259,900.

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. In November 2024 in Panama City, FL there were 3.9% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $339,223, while the average time on the real estate market was 79 days.

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

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