3 months on rocket

941 Grace Ave, Panama City, FL, 32401

$600,000

Home List Price

$7,125*

Closing Credit

4 Bedrooms
2 Full Baths
2,092 SqFt
$287/SqFt
House
Schools Nearby

Location

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941 Grace Ave, Panama City$600,000

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Oversized
Year Built1924
HeatingCentral, Fireplace(s)
CoolingCentral Air
MLS #751575
Lot Size0.40 Acres
StatusActive

About 941 Grace Ave

Zoned commercial & residential! Welcome to a lifestyle that seamlessly blends history and modernity! Discover the allure of this 100-year-old historic home in the charming downtown Panama City area. Nestled just a few blocks from boutique shopping, dining, bars, and entertainment. Its prime location is also close to hospitals, schools, and two marinas! This beauty is complemented by a metal roof, porch decking with solid teak wood, and Storm Breaker Plus windows. Enjoy modern comforts such as a tankless gas water heater and stainless steel kitchen appliances. The original heart of pine floors, coffered ceilings, clawfoot bathtub, and a large step-in slate shower in the owner's bath enhance the timeless appeal. This property has 2 parcels being sold together to equal 0.4 acres total. With a unique blend of character and convenience, this is an opportunity not to be missed!

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1924
  • Living Area: 2,092 SqFt

Listing Office:

  • Office Name: Beachy Beach Real Estate

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Refrigerator, Washer
  • Interior: Fireplace, Kitchen Island, New Paint, Remodeled, Storage

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Fully Fenced, Fence, Porch

Parking Information:

  • Parking: Additional Parking, Oversized

Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Central, Fireplace(s)
  • Cooling: Central Air

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: Starting from West 15th Street/Hwy 98 in Panama City, head south onto Jenks, then turn west onto W 10th Street, and finally, turn south onto Grace Ave. The home you're looking for will be the second one on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $600,000
  • Price Per SqFt: $287/SqFt

Tax Information:

  • Annual Amount: $2,469
  • 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

941 Grace Ave vs Panama City

98 DAYS ON ROCKET

+16 Days

$600,000

+$252.8K More

$287/SqFt

+$83 More

KEY TAKEAWAY

This property is $252.8K more than the Median Sold Price and $83/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: #751575

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: 4/27/2024, 1:25:20 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

May 28, 2021Home Sold
$300,000
Nov 08, 2017Home Sold
$217,000
Oct 10, 2008Home Sold
$130,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,469$170,526
2018$2,042$174,775
2017$2,619$174,790

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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-1267451
1
/10

  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 1.59 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1267452
4
/10

  • Jinks Middle School

  • 600 W 11th St

  • 0.48 miles

  • Public District Grades 6-8

High School

school-card-donut-1267453
3
/10

  • Bay High School

  • 1200 Harrison Ave

  • 0.30 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 $41,656. Most Panama City, FL residents have annual incomes between $35k-100k. The majority of families are 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 941 Grace Ave

What is the listing price of this property?

The listing price of 941 Grace Ave property is $600,000.

What type of property is this?

The property 941 Grace Ave is a house located in Panama City, Florida, 32401.

Is this property for sale now?

Active Listing: 941 Grace 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 941 Grace 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 $2,469 (source: MLS/based on county public records data).

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

The last sale was on May 28, 2021 for $300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 941 Grace Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 941 Grace Ave is 2,092 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 941 Grace Ave is 1924.

Rocket Homes›Florida›Bay County›Panama City›32401›941 Grace Ave

This home is located at 941 Grace Ave in Panama City, FL and zip code 32401. This 2,092 square foot home, which was built in 1924, sits on a 0.40 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 20, 2024 and is currently priced at $600,000.

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 inventory of homes for sale in Panama City, FL between February 2024 and March 2024 increased by 3.2%. The median list price of listings available in March 2024 was $347,126, while the average time on the real estate market was 82 days.

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

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