3 years on rocket

8617 Wood Cir, Panama City, FL, 32404

$49,000

0.57 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
WaterfrontLake Front, Waterfront
MLS #706253
Lot Size0.57 Acres
StatusActive

About 8617 Wood Cir

Convenient to Hwy. 231 and Panama City. This lot is over a half acre in size and is high and dry and nicely wooded. It sits on Lake Lakewood. Hurricane Sally's record rains broke the dam and emptied the lake. Plans are in progress to rebuild the dam and restore the lake levels. This building lot has city water and area residences have septic tanks. For an affordable waterfront lot take a look at this one.

Property Details

Property Features

Listing Office:

  • Office Name: Counts Real Estate Group Inc

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Waterfront

Lot Features

Lot Information:

  • Lot: Additional Land, Waterfront
  • Lot Size: 0.57 Acres

Other

Directions Information:

  • Directions: Head North on Hwy. 231 and take a right on John Pitts Road. Turn left on Scenic Dr. and right on Wood Circle. Sign on lots

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,000

HOA Fees:

  • Amount: $75
  • Frequency: Annually

Tax Information:

  • Annual Amount: $471
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

8617 Wood Cir vs Panama City

1217 DAYS ON ROCKET

+1140 Days

$49,000

-$290.4K Less

KEY TAKEAWAY

This property is $290.4K less than the Median Sold Price in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #706253

Listing Office:

  • Office Name: Counts Real Estate Group Inc

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: 11/21/2024, 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

Jan 23, 1998Home Sold
$17,300
Mar 20, 1997Home Sold
$25,500

Tax History

YEARPROP. TAXASSESSMENT
2020$471$39,224
2018$448$34,438
2017$388$31,307

History based on county public records data.

Payment Calculator

$318

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$213

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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-417030
4
/10
  • Tommy Smith Elementary School

  • 5044 Tommy Smith Dr

  • 3.93 miles

  • Public District Grades PK-5

school-card-donut-417031
4
/10
  • Deer Point Elementary School

  • 4800 Highway 2321

  • 5.58 miles

  • Public District Grades KG-5

school-card-donut-417032
8
/10
  • North Bay Haven Charter Academy Elementary School

  • 1 Buccaneer Dr

  • 5.89 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,002. Typical income of Panama City, FL residents is between $35k-100k annually. The most common type of family is married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8617 Wood Cir

What is the listing price of this property?

The listing price of 8617 Wood Cir property is $49,000.

What type of property is this?

The property 8617 Wood Cir is land located in Panama City, Florida, 32404.

Is this property for sale now?

Active Listing: 8617 Wood Cir 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 $471 (source: MLS/based on county public records data).

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

The last sale was on January 23, 1998 for $17,300. (source: MLS/tax record).

How much acreage is this property?

The property 8617 Wood Cir is 0.57 acres.
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Rocket HomesFloridaBay CountyPanama City324048617 Wood Cir

This home is located at 8617 Wood Cir in Panama City, FL and zip code 32404 in the Lakewood Manor neighborhood. This home sits on a 0.57 acre lot. It has been listed on Rocket Homes since July 23, 2021 and is currently priced at $49,000.

In October 2024, from all listings sold in Panama City, FL there were more than 16 sold above asking price, over 138 sold below and more than 40 were sold right at the asked price. The inventory of homes for sale in Panama City, FL between September 2024 and October 2024 decreased by 1.7%. 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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