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1501 Cherry St, Panama City, FL, 32401

$280,000

Home List Price

$3,325*

Closing Credit

3 Bedrooms
2 Full Baths
1,350 SqFt
$207/SqFt
House
Schools Nearby

Location

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1501 Cherry St, Panama City$280,000

Buyer Closing Credits

$3,325*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1950
HeatingCentral
CoolingCentral Air, Ceiling Fan(s), Electric, Window Unit(s)
MLS #753942
Lot Size0.23 Acres
StatusActive

About 1501 Cherry St

Come check out this Cozy Cove home! Beautiful corner lot with tons of coastal greenery including rose bushes. Enjoy the scenery on the enclosed front porch. Close to all of Down Town dining and shopping. Home has original hardwood floors in living room, dining room and 3 bedrooms.There are two additional rooms that were added to the property that have not been added to the base square footage. This includes a mother-in-law suite, Florida room and a second bathroom. Roof, windows, and AC were replaced in 2018. Waiting on a projected finish date on repaving road.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1950
  • Living Area: 1,350 SqFt

Listing Office:

  • Office Name: CENTURY 21 Commander Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Refrigerator
  • Flooring Type: Hardwood, Tile
  • Interior: New Paint

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Bay High School, Public District Grades 9-12
  • Jinks Middle School, Public District Grades 6-8
  • Merriam Cherry Street Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Headed East on Bus 98 take right on E 4th St.Veer to the left on Mercedes Ave. Take left on 3rd St. Right on Harris Ave. Left on Cherry St. Home will be on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $280,000
  • Price Per SqFt: $207/SqFt

Tax Information:

  • Annual Amount: $2,040
  • 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

$347.1K

Med. Price/SqFt

$204

Avg. Days On Market

82

# of Sold Homes

196

1501 Cherry St vs Panama City

47 DAYS ON ROCKET

-35 Days

$280,000

-$67.1K Less

$207/SqFt

+$3 More

KEY TAKEAWAY

This property is $67.1K less than the Median Sold Price and $3/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: #753942

Listing Office:

  • Office Name: CENTURY 21 Commander 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: 4/25/2024, 5:25:20 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

Aug 02, 2002Home Sold
$85,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,040$110,286
2018$1,671$110,421
2017$1,659$110,673

History based on county public records data.

Payment Calculator

$1,465

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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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.

Elementary School

school-card-donut-134858
1
/10

  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 0.28 miles

  • Public District Grades PK-5

Middle School

school-card-donut-134859
4
/10

  • Jinks Middle School

  • 600 W 11th St

  • 2.29 miles

  • Public District Grades 6-8

High School

school-card-donut-134860
3
/10

  • Bay High School

  • 1200 Harrison Ave

  • 1.98 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,083. Residents of Panama City, FL typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1501 Cherry St

What is the listing price of this property?

The listing price of 1501 Cherry St property is $280,000.

What type of property is this?

The property 1501 Cherry St is a house located in Panama City, Florida, 32401.

Is this property for sale now?

Active Listing: 1501 Cherry St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1501 Cherry St are:
Merriam Cherry Street Elementary School: GreatSchools Rating 1/10
Jinks Middle School: GreatSchools Rating 4/10
Bay High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,040 (source: MLS/based on county public records data).

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

The last sale was on August 2, 2002 for $85,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1501 Cherry St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1501 Cherry St is 1,350 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1501 Cherry St is 1950.

Rocket Homes›Florida›Bay County›Panama City›32401›1501 Cherry St

This home is located at 1501 Cherry St in Panama City, FL and zip code 32401 in the Cove Terrace neighborhood. This 1,350 square foot home, which was built in 1950, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 09, 2024 and is currently priced at $280,000.

Panama City, FL housing market in March 2024 saw over 13 listings sold above listed price, more than 63 sold at listed price and over 120 sold below. The number of homes for sale in Panama City, FL increased by 3.2% between February 2024 and March 2024. In March 2024 median list price was $347,126 and the average listing age was 82 days.

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

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