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224 Elm Ave

Panama City, FL 32401

3 bd 2 ba 1,405 sqft Built 2022 Lot 10,323 sqft single_family
Most recent sale
$275,000
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 8, 2022 Sold $275,000 MLS #725429
Apr 21, 2022 Listed $275,000 MLS #725429
Jul 16, 2021 Sold $29,000 Public Record
Apr 26, 2021 Sold $29,000 MLS #705044
Dec 20, 2020 Price changed $29,000 MLS #705044
Nov 28, 2020 Price changed $35,000 MLS #705044
Nov 27, 2020 Listed $39,000 MLS #705044
Jun 1, 1999 Sold $55,000 Public Record
Dec 1, 1997 Sold $32,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $240,349 $3,282
2023 $210,055 $22,050 $232,105 $3,157
2022 $16,537 $16,537 $454
2021 $15,655 $15,655 $440
2020 $15,655 $15,655 $453
2019 $6,403 $15,655 $22,058 $356
2018 $34,974 $15,655 $50,629 $766
2017 $35,442 $15,361 $50,803 $761
2016 $35,911 $15,141 $51,052 $782
2015 $36,379 $14,700 $51,079 $805
2014 $52,283 $817
2013 $53,486 $774
2012 $53,954 $786
2011 $60,167 $889
2010 $64,328 $969
2009 $71,282 $1,092
2008 $74,268 $1,073

Property facts

Year built
2022
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,405 sqft
Lot size
10,323 sqft
ZIP code
32401
City
Panama City
Street
Elm Ave
Coordinates
30.15224, -85.63424

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,599
Gross rental yield
11.34%
Implied cap rate
7.37%
Trend-extrapolated value

Frequently asked questions

When did 224 Elm Ave last sell?
224 Elm Ave most recently sold on Jul 8, 2022 for $275,000.
What is the current tax assessment for 224 Elm Ave?
The most recent total assessment for 224 Elm Ave (year 2025) is $240,349 with $3,282 in property tax.
How does 224 Elm Ave's assessment compare to its last sale price?
The current assessment is 12.6% below the last sale price of $275,000.
When was 224 Elm Ave built?
224 Elm Ave was built in 2022.
How does 224 Elm Ave compare to others on Elm Ave?
We track 8 other properties on Elm Ave. Browse the list under "Other properties on Elm Ave" to compare beds, baths, and sale history.
What are the property facts for 224 Elm Ave?
224 Elm Ave is a 3 bed, 2 bath, 1,405 sqft, 10,323 sqft lot single_family.
Is 224 Elm Ave a flip candidate?
Yes — 224 Elm Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 224 Elm Ave a tax-appeal candidate?
No — 224 Elm Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.3%
Implied 1-yr
+5.1%
2026 Q3
$285.2K
2026 Q4
$288.6K
ZIP 32401 — Median Price History + Forecast

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