2 months on rocket

Sale Pending

4940 S Lakewood Dr, Panama City, FL, 32404

$283,000

Home List Price

$3,361*

Closing Credit

3 Bedrooms
2 Full Baths
1,470 SqFt
$193/SqFt
House
Schools Nearby

Location

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4940 S Lakewood Dr, Panama City$283,000

Buyer Closing Credits

$3,361*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage, Oversized
Garage1 space
Year Built1959
HeatingElectric
CoolingElectric
ViewLake
MLS #752563
Lot Size0.25 Acres
StatusSale Pending
(Pending)

About 4940 S Lakewood Dr

This beautiful home sets the standard in excellence and attention to detail. Upon entry into the foyer, you glimpse the swooping arches of the cathedral ceiling that feels 12 feet high. The abundant sunlight through the french doors is refreshing. Every inset ceiling design is creative and unique. Every light fixture is artisanal and flows effortlessly into peaceful spaces. The granite countertops and cabinetry reveal quality construction and attractive design. The muted color palette blends gracefully with the All Stainless appliances also. The cinderblock construction has proven itself sturdy and dependable. The garage has built-in storage area and a large laundry room. The fenced in backyard is large enough for a full-size pool with room to spare. And the views of the sunset over Lake Martin are majestic and peaceful.

Property Details

Property Features

Property Information:

  • Architectural Style: Florida
  • Year Built: 1959
  • Living Area: 1,470 SqFt

Listing Office:

  • Office Name: Think Real Estate

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
  • Flooring Type: Plank, Vinyl
  • Interior: Cathedral Ceiling(s), Coffered Ceiling(s), Storage, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Lake
  • Exterior: Fence

Parking Information:

  • Garage Space: 1 space
  • Parking: Driveway, Garage, Oversized

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Rutherford High School, Public District Grades 9-12
  • Everitt Middle School, Public District Grades 6-8
  • Parker Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take S. Hwy 22A (Bob Little Road) south from Cherry St to the corner of S. Lakewood Drive. 4940 is the corner of Bob Little and S. Lakewood.

Price Information

Listing Price Info

Price Summary:

  • List Price: $283,000
  • Price Per SqFt: $193/SqFt

Tax Information:

  • Annual Amount: $323
  • Tax Year: 2018
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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

4940 S Lakewood Dr vs Panama City

72 DAYS ON ROCKET

-10 Days

$283,000

-$64.1K Less

$193/SqFt

-$11 Less

KEY TAKEAWAY

This property is $64.1K less than the Median Sold Price and $11/SqFt less 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: #752563

Listing Office:

  • Office Name: Think Real Estate

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: 4/28/2024, 10:25:19 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

Jul 23, 2021Home Sold
$78,500
Jun 16, 2021Home Sold
$58,000

Tax History

YEARPROP. TAXASSESSMENT
2020 - $22,088
2018$323$58,818
2017$324$57,608

History based on county public records data.

Payment Calculator

$1,480

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$915

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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-2149842
2
/10

  • Parker Elementary School

  • 640 S Highway 22 A

  • 0.25 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2149843
3
/10

  • Everitt Middle School

  • 608 School Ave

  • 1.67 miles

  • Public District Grades 6-8

High School

school-card-donut-2149844
2
/10

  • Rutherford High School

  • 1000 School Ave

  • 2.05 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 $64,637. 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 high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4940 S Lakewood Dr

What is the listing price of this property?

The listing price of 4940 S Lakewood Dr property is $283,000.

What type of property is this?

The property 4940 S Lakewood Dr is a house located in Panama City, Florida, 32404.

Is this property for sale now?

Sale Pending: 4940 S Lakewood Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 4940 S Lakewood Dr are:
Parker Elementary School: GreatSchools Rating 2/10
Everitt Middle School: GreatSchools Rating 3/10
Rutherford High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2018 is $323 (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 23, 2021 for $78,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4940 S Lakewood Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 4940 S Lakewood Dr is 1,470 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4940 S Lakewood Dr is 1959.

Rocket Homes›Florida›Bay County›Panama City›32404›4940 S Lakewood Dr

This home is located at 4940 S Lakewood Dr in Panama City, FL and zip code 32404 in the Lakewood neighborhood. This 1,470 square foot home, which was built in 1959, sits on a 0.25 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 15, 2024 and is currently priced at $283,000.

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. In March 2024 in Panama City, FL there were 3.2% more homes for sale than in February 2024. In March 2024, listings were on the market for 82 days. During the same period, the median list price in this real estate market was $347,126.

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

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