14 days on rocket

243 Allen Ave, Panama City, FL, 32401

$237,500

Home List Price

$2,820*

Closing Credit

2 Bedrooms
1 Full Bath
1,012 SqFt
$235/SqFt
House
Schools Nearby

Location

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243 Allen Ave, Panama City$237,500

Buyer Closing Credits

$2,820*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1948
MLS #755831
Lot Size0.18 Acres
StatusActive

About 243 Allen Ave

Welcome home to this gem! A beautiful home located near Downtown Panama City, bursting with charm and character that is ready for new owners/investors. This cottage home has two bedrooms, one bath and a partial privacy fenced back yard. It is currently being rented for $20,340 a year. Whether you're seeking a good Return of Investment, a vacation/ 2nd home, a college dorm alternative or simply a place to call yours, this may just be the one! This home is close to shopping, some of the world's most beautiful beaches, restaurants, Bay Medical Hospital, the Navy base, Gulf Coast College and FSU PC Campus. It is also not far from Tyndall AFB. Think of the possibilities with military temporary housing, visiting students for 6-9 months, or elderly parents needing to downsize. Call today to explore for yourself just how perfect this home is. Tenant occupied and shall remain so until lease expires in November 2024. Serious inquiries only. No showings permitted without an accepted offer. *Information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer* Call today to get your offer in before someone else does!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1948
  • Living Area: 1,012 SqFt

Listing Office:

  • Office Name: CENTURY 21 Commander Realty

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

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: From Panama City Marina/Downtown PC, Head N on 4th St, Turn Right on Beach Drive, Turn Left on 2nd Ct, Turn left on Allen Ave. Home is on Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $237,500
  • Price Per SqFt: $235/SqFt

Tax Information:

  • Annual Amount: $1,668
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$347.6K

Med. Price/SqFt

$204

Avg. Days On Market

61

# of Sold Homes

211

243 Allen Ave vs Panama City

14 DAYS ON ROCKET

-47 Days

$237,500

-$110.1K Less

$235/SqFt

+$30 More

KEY TAKEAWAY

This property is $110.1K less than the Median Sold Price and $30/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: #755831

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: 5/2/2024, 10:20:35 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

Apr 01, 2019Home Sold
$160,000
Dec 09, 2015Home Sold
$60,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,668$132,007
2018$395$52,832
2017$391$52,618

History based on county public records data.

Payment Calculator

$1,253

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$779

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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.

Elementary School

school-card-donut-5042335
1
/10
  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 0.60 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5042336
4
/10
  • Jinks Middle School

  • 600 W 11th St

  • 1.53 miles

  • Public District Grades 6-8

High School

school-card-donut-5042337
3
/10
  • Bay High School

  • 1200 Harrison Ave

  • 1.34 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,032. Typical income of Panama City, FL residents is less than $35k annually. Residents typically live in single, no kids family. 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 243 Allen Ave

What is the listing price of this property?

The listing price of 243 Allen Ave property is $237,500.

What type of property is this?

The property 243 Allen Ave is a house located in Panama City, Florida, 32401.

Is this property for sale now?

Active Listing: 243 Allen Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 243 Allen Ave 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 $1,668 (source: MLS/based on county public records data).

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

The last sale was on April 1, 2019 for $160,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 243 Allen Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 243 Allen Ave is 1,012 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 243 Allen Ave is 1948.

Rocket Homes›Florida›Bay County›Panama City›32401›243 Allen Ave

This home is located at 243 Allen Ave in Panama City, FL and zip code 32401. This 1,012 square foot home, which was built in 1948, sits on a 0.18 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $237,500.

In April 2024 more than 30 listings in Panama City, FL were sold above the asking price. During the same period more than 51 listings were sold at asking price, while more than 130 were sold below. The number of homes for sale in Panama City, FL increased by 4.7% between March 2024 and April 2024. In April 2024, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $347,653.

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

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