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Backup Offers

7126 Penn Way, Panama City, FL, 32404

$280,000

Home List Price

$3,325*

Closing Credit

4 Bedrooms
2 Full Baths
1,827 SqFt
$153/SqFt
House
Schools Nearby

Location

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7126 Penn Way, Panama City$280,000

Buyer Closing Credits

$3,325*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage
Garage2 spaces
Year Built2019
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #752020
Lot Size0.20 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 7126 Penn Way

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. SELLER PAYING OFF SOLAR PANELS WITH FULL PRICE OFFER!! $35/month electric bill!! Welcome home! You won't want to miss this beautifully maintained 4 bedroom 2 bathroom home located in the quiet neighborhood of Barrett's Park. Only 25 minutes to the beach, 15 minutes to town and a short drive to Tyndall AFB. Home features include tropical landscaping, gorgeous quartz countertops throughout, upgraded sink/faucet, split bedroom floor plan, epoxy floors in the garage and a good sized fenced in backyard with covered porch to enjoy the amazing FL weather. The home is positioned on a culdesac-like street with very little through traffic. Great for families with children. Lastly, the home features a full array of solar panels that provide most of the homes power year round. Don't miss your chance to check this one out! Call me today for a private showing.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2019
  • Living Area: 1,827 SqFt

Listing Office:

  • Office Name: Keller Williams Success Realty

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Plank, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Driveway, Garage

Lot Features

Lot Information:

  • Lot: Corner Lot, Cul-De-Sac
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Rutherford 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: North 231, Right Bayou George Dr, Right on Hatteras, left of Penn Way.

Price Information

Listing Price Info

Price Summary:

  • List Price: $280,000
  • Price Per SqFt: $153/SqFt

HOA Fees:

  • Amount: $205
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,207
  • 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

$347.6K

Med. Price/SqFt

$204

Avg. Days On Market

61

# of Sold Homes

211

7126 Penn Way vs Panama City

80 DAYS ON ROCKET

+19 Days

$280,000

-$67.6K Less

$153/SqFt

-$52 Less

KEY TAKEAWAY

This property is $67.6K less than the Median Sold Price and $52/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: #752020

Listing Office:

  • Office Name: Keller Williams Success 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, 4:25:17 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

Apr 15, 2020Home Sold
$220,500
Jul 23, 2019Home Sold
$136,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,207$180,344
2018$38$3,200

History based on county public records data.

Payment Calculator

$1,533

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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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-4541151
5
/10

  • Tommy Smith Elementary School

  • 5044 Tommy Smith Dr

  • 2.37 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4541152
3
/10

  • Merritt Brown Middle School

  • 5044 Merritt Brown Way

  • 2.26 miles

  • Public District Grades 6-8

High School

school-card-donut-4541153
2
/10

  • Rutherford High School

  • 1000 School Ave

  • 8.14 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 $52,002. Most Panama City, FL residents have annual incomes between $35k-100k. The most common type of family is married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7126 Penn Way

What is the listing price of this property?

The listing price of 7126 Penn Way property is $280,000.

What type of property is this?

The property 7126 Penn Way is a house located in Panama City, Florida, 32404.

Is this property for sale now?

Accepting Backup Offers: 7126 Penn Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 7126 Penn Way are:
Tommy Smith Elementary School: GreatSchools Rating 5/10
Merritt Brown 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 $2,207 (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 15, 2020 for $220,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7126 Penn Way has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7126 Penn Way is 1,827 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7126 Penn Way is 2019.

Rocket Homes›Florida›Bay County›Panama City›32404›7126 Penn Way

This home is located at 7126 Penn Way in Panama City, FL and zip code 32404. This 1,827 square foot home, which was built in 2019, sits on a 0.20 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 11, 2024 and is currently priced at $280,000.

In April 2024, from all listings sold in Panama City, FL there were more than 30 sold above asking price, over 130 sold below and more than 51 were sold right at the asked price. The number of homes for sale in Panama City, FL increased by 4.7% between March 2024 and April 2024. While the average time on the market in April 2024 was 61 days, the median list price was $347,653.

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

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