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Owner
$183,416
247 CALLAWAY CHASE LN, PANAMA CITY, FL
Quick Facts
owner occupied
No
vacant
No
corporate owner
Yes
beds
3
baths
2
sq. ft.
1,040
property type
Single Family Residential
hoa
Yes

About

Residential
Building Quality B
Living Area
Attached Garage
2 Stories
Forced Air Unit
Central

Financial Overview

Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property

Property Features

Year Built
2018
Building Size
1,040 sq ft
Lot Size
1,653 sq ft
Lot Size (Acres)
0.04 acres

Distressed Property Status

In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property

Property Location Details

Parcel Number (APN)
06389-500-002
County
Bay County, Florida
Metro Area
Panama City-Panama City Beach, FL
Zoning
CLWY04
Neighborhood/Subdivision
CALLAWAY CHASE
Lot Number
2
School District
Bay County School District
Legal Description
CALLAWAY CHASE LOT 2 ORB 3988 P 2311

Tax & Value Information

Market Value (Total)
$125,568
Building Value
$106,643
Land Value
$18,925
Annual Property Tax
$1,749
Tax Assessment Year
2023
Assessed Value
$125,568
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
Last Sale Contract Date
2/28/2018
Recording Date
3/15/2018
Sales Document #
2018.15204
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Include
Address
Sale Date
Sale Price
Sq.Ft.
Bed/Bath
Lot Size
Year
$/Sq.Ft.
Distance
247 CALLAWAY CHASE LNN/A$183,41610403/20.04 acre2018N/A0.00 mi
222 CALLAWAY CHASE LN, PANAMA CITY, FL, 3240407/03/2024$195,12814393/2.50.05 acre2007$1360.07 mi
228 CALLAWAY CHASE LN, PANAMA CITY, FL, 3240409/04/2024$200,00014393/2.50.06 acre2009$1390.05 mi
303 GABRIELLE LN, PANAMA CITY, FL, 3240409/04/2024$204,00010753/20.05 acre2018$1900.20 mi
311 RAVEN LN, PANAMA CITY, FL, 3240405/07/2024$265,00014883/30.07 acre2009$1780.27 mi
315 N GAY AVE, PANAMA CITY, FL, 3240410/21/2024$245,00013694/20.11 acre2021$1790.28 mi
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$7,097
Return on Investment
15.60%
After Repair Value
$201,758

Basic Inputs

Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details

Purchase Price
$165,074
Renovation Cost
$9,171
Closing Costs (buying)
$3,301
Holding Costs
$5,008
Selling Costs
$12,105
Total Investment
$45,487
After Repair Value (ARV)
$201,758
Total Costs
$194,660
Estimated Profit
$7,097
Cash Invested
$42,186
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Date
Action
Price
PPSF
DOM
Agent
Brokerage
MLS/Listing #
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112015
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112016
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112017
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112018
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area