2 months on rocket

5220 Cherry St, Panama City, FL, 32404

$199,900

Home List Price

$2,374*

Closing Credit

3 Bedrooms
1 Full Bath
1,400 SqFt
$143/SqFt
House
Schools Nearby

Location

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5220 Cherry St, Panama City$199,900

Buyer Closing Credits

$2,374*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport, Covered, Carport
Year Built1959
MLS #755817
Lot Size0.42 Acres
StatusActive

About 5220 Cherry St

Large home on a huge corner lot - just under 1/2 acre! Zoned ''mixed use'' so it is a great location for an office/business or an investment opportunity to build a duplex or fourplex on the lot. Great, convenient location to Tyndall Air Force Base and Mexico Beach.Currently, the home is a 3-bedroom 1 bath home. Functional kitchen, inside laundry room, living room and a large family room with fireplace. Large carport! New roof - 2019, but still has some damage from Hurricane Michael. Capitalize on this great deal! (all sizes approximate and taken from public records, buyer to verify any details buyer deems important).

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1959
  • Living Area: 1,400 SqFt

Listing Office:

  • Office Name: Beachy Beach Real Estate

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
  • Flooring Type: Carpet, Tile, Vinyl
  • Interior: Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Parking: Attached Carport, Covered, Carport

Lot Features

Lot Information:

  • Lot: Cleared, Corner Lot
  • Lot Size: 0.42 Acres

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: Tyndall Parkway to Cherry St. Turn west on Cherry St. Property on corner of Cherry St. and Seneca.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900
  • Price Per SqFt: $143/SqFt

Tax Information:

  • Annual Amount: $350
  • 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

$345K

Med. Price/SqFt

$204

Avg. Days On Market

59

# of Sold Homes

238

5220 Cherry St vs Panama City

83 DAYS ON ROCKET

+24 Days

$199,900

-$145.1K Less

$143/SqFt

-$61 Less

KEY TAKEAWAY

This property is $145.1K less than the Median Sold Price and $61/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: #755817

Listing Office:

  • Office Name: Beachy Beach 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: 7/26/2024, 9:20:51 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 12, 2004Home Sold
$88,400

Tax History

YEARPROP. TAXASSESSMENT
2020$350$72,950
2018$510$88,143
2017$526$88,380

History based on county public records data.

Payment Calculator

$1,065

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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-2857991
2
/10

  • Parker Elementary School

  • 640 S Highway 22 A

  • 0.72 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2857992
3
/10

  • Everitt Middle School

  • 608 School Ave

  • 1.53 miles

  • Public District Grades 6-8

High School

school-card-donut-2857993
2
/10

  • Rutherford High School

  • 1000 School Ave

  • 1.84 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 $39,500. The most common annual income of people living in Panama City, FL is less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5220 Cherry St

What is the listing price of this property?

The listing price of 5220 Cherry St property is $199,900.

What type of property is this?

The property 5220 Cherry St is a house located in Panama City, Florida, 32404.

Is this property for sale now?

Active Listing: 5220 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 5220 Cherry St 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 2020 is $350 (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 12, 2004 for $88,400. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5220 Cherry St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5220 Cherry St is 1,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5220 Cherry St is 1959.

Rocket Homes›Florida›Bay County›Panama City›32404›5220 Cherry St

This home is located at 5220 Cherry St in Panama City, FL and zip code 32404. This 1,400 square foot home, which was built in 1959, sits on a 0.42 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 04, 2024 and is currently priced at $199,900.

In June 2024, from all listings sold in Panama City, FL there were more than 26 sold above asking price, over 134 sold below and more than 78 were sold right at the asked price. The number of homes for sale in Panama City, FL increased by 1% between May 2024 and June 2024. Listings spent 59 days on the market in June 2024, and had a median list price of $345,001 during the same period.

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

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