3 months on rocket

4805 Cherokee Heights Rd, Panama City, FL, 32404

$850,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
1,722 SqFt
$494/SqFt
House
Schools Nearby

Location

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4805 Cherokee Heights Rd, Panama City$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther, See Remarks
Year Built1966
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #751747
Lot Size2.09 Acres
StatusActive

About 4805 Cherokee Heights Rd

Welcome to this incredible offering in Panama City, boasting a generous plot of just over 2 acres. This prime corner lot brims with endless possibilities. The standout feature of this property is the marvelous barn/workshop, meticulously constructed in 2019, offering abundant space to pursue all your hobbies and satisfy your storage needs. The fenced perimeter and cross-fencing make it an absolute delight for horse enthusiasts. The delightful brick house, originally built in 1966 and recently renovated in 2023, showcases 3 spacious bedrooms, 2 bathrooms, a generously sized family room, and a galley kitchen adorned with stainless steel appliances, new cabinets, and stunning granite counters. Attention builders, take note that the current zoning permits an impressive 5 houses per acre, thus highlighting this property's tremendous investment potential.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1966
  • Living Area: 1,722 SqFt

Listing Office:

  • Office Name: Scenic Sotheby's International Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Flooring Type: Hardwood, Vinyl
  • Interior: Breakfast Bar, Fireplace, Remodeled, Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Fully Fenced, Fence, Storage

Parking Information:

  • Parking: Other, See Remarks

Lot Features

Lot Information:

  • Lot: Cleared, Corner Lot, Interior Lot, Level
  • Lot Size: 2.09 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Bay High School, Public District Grades 9-12
  • Merritt Brown Middle School, Public District Grades 6-8
  • Tommy Smith Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Travel North on Hwy 231,six miles past the Panama City Mall; Turn right on Cherokee Heights Road; property is located on right corner of Frank Hough and Cherokee Heights Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $494/SqFt

Tax Information:

  • Annual Amount: $1,178
  • 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

4805 Cherokee Heights Rd vs Panama City

96 DAYS ON ROCKET

+14 Days

$850,000

+$502.8K More

$494/SqFt

+$290 More

KEY TAKEAWAY

This property is $502.8K more than the Median Sold Price and $290/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: #751747

Listing Office:

  • Office Name: Scenic Sotheby's International 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: 4/29/2024, 1:25:19 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

Jul 14, 2014Home Sold
$166,300
Jul 05, 2005Home Sold
$290,000
Feb 03, 2000Home Sold
$110,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,178$137,326
2018$1,044$124,917
2017$1,033$122,348

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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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-3121739
5
/10

  • Tommy Smith Elementary School

  • 5044 Tommy Smith Dr

  • 0.47 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3121740
3
/10

  • Merritt Brown Middle School

  • 5044 Merritt Brown Way

  • 0.54 miles

  • Public District Grades 6-8

High School

school-card-donut-3121741
3
/10

  • Bay High School

  • 1200 Harrison Ave

  • 7.17 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 $66,142. Most Panama City, FL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4805 Cherokee Heights Rd

What is the listing price of this property?

The listing price of 4805 Cherokee Heights Rd property is $850,000.

What type of property is this?

The property 4805 Cherokee Heights Rd is a house located in Panama City, Florida, 32404.

Is this property for sale now?

Active Listing: 4805 Cherokee Heights Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4805 Cherokee Heights Rd are:
Tommy Smith Elementary School: GreatSchools Rating 5/10
Merritt Brown Middle School: GreatSchools Rating 3/10
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 $1,178 (source: MLS/based on county public records data).

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

The last sale was on July 14, 2014 for $166,300. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4805 Cherokee Heights Rd has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 4805 Cherokee Heights Rd is 1,722 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4805 Cherokee Heights Rd is 1966.

Rocket Homes›Florida›Bay County›Panama City›32404›4805 Cherokee Heights Rd

This home is located at 4805 Cherokee Heights Rd in Panama City, FL and zip code 32404. This 1,722 square foot home, which was built in 1966, sits on a 2.09 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 24, 2024 and is currently priced at $850,000.

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 listings in Panama City, FL increased by 3.2% between February 2024 and March 2024. While the average time on the market in March 2024 was 82 days, the median list price was $347,126.

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

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