640 Colonial Dr
Panama City, FL 32404
3 bd 2 ba 1,817 sqft Built 1975 Lot 19,602 sqft single_family
Most recent sale
$355,000
Apr 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 17, 2025 | Listed | $395,000 | CPARMLS |
| Apr 27, 2022 | Sold | $355,000 | MLS #721935 |
| Apr 21, 2022 | Relisted | $359,999 | MLS #721935 |
| Mar 1, 2022 | Price changed | $359,999 | MLS #721935 |
| Feb 5, 2022 | Listed | $365,000 | MLS #721935 |
| Feb 10, 2003 | Sold | $132,000 | Public Record |
| Apr 25, 2000 | Sold | $123,900 | Public Record |
| Aug 1, 1996 | Sold | $114,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $286,519 | $3,095 |
| 2023 | — | — | $270,334 | $2,936 |
| 2022 | $53,365 | $42,228 | $95,593 | $1,143 |
| 2021 | $56,149 | $41,796 | $97,945 | $1,205 |
| 2020 | $61,038 | $41,796 | $102,834 | $1,275 |
| 2019 | $61,990 | $34,884 | $96,874 | $1,202 |
| 2018 | $102,149 | $34,884 | $137,033 | $1,707 |
| 2017 | $103,101 | $34,884 | $137,985 | $1,749 |
| 2016 | $104,053 | $34,560 | $138,613 | $1,806 |
| 2015 | $105,005 | $34,560 | $139,565 | $1,878 |
| 2014 | — | — | $141,489 | $1,901 |
| 2013 | — | — | $141,479 | $1,681 |
| 2012 | — | — | $145,111 | $1,737 |
| 2011 | — | — | $146,044 | $1,786 |
| 2010 | — | — | $146,976 | $1,808 |
| 2009 | — | — | $170,140 | $2,124 |
| 2008 | — | — | $181,979 | $2,102 |
| 2007 | — | — | $210,236 | $2,391 |
Property facts
Year built
1975
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,817 sqft
Lot size
19,602 sqft
ZIP code
32404
City
Panama City
Street
Colonial Dr
Coordinates
30.13424, -85.56137
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,361
Gross rental yield
11.36%
Implied cap rate
7.38%
Trend-extrapolated value
—
Frequently asked questions
When did 640 Colonial Dr last sell?
640 Colonial Dr most recently sold on Apr 27, 2022 for $355,000.
What is the current tax assessment for 640 Colonial Dr?
The most recent total assessment for 640 Colonial Dr (year 2025) is $286,519 with $3,095 in property tax.
How does 640 Colonial Dr's assessment compare to its last sale price?
The current assessment is 19.3% below the last sale price of $355,000.
When was 640 Colonial Dr built?
640 Colonial Dr was built in 1975.
How does 640 Colonial Dr compare to others on Colonial Dr?
We track 8 other properties on Colonial Dr. Browse the list under "Other properties on Colonial Dr" to compare beds, baths, and sale history.
What are the property facts for 640 Colonial Dr?
640 Colonial Dr is a 3 bed, 2 bath, 1,817 sqft, 19,602 sqft lot single_family.
Is 640 Colonial Dr a flip candidate?
No — 640 Colonial Dr does not appear in our flips dataset.
Is 640 Colonial Dr a tax-appeal candidate?
No — 640 Colonial Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.5%
Implied 1-yr
-2.1%
2026 Q3
$282.7K
2026 Q4
$281.1K
ZIP 32404 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Colonial Dr