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409 Elm Ave

Panama City, FL 32401

2 bd 1 ba 897 sqft Built 1955 Lot 10,497 sqft single_family
Most recent sale
$111,500
May 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 12, 2026 Listing removed $675 CPARMLS
May 1, 2022 Sold $111,500 MLS #724908
Apr 21, 2022 Relisted $116,900 MLS #724908
Apr 12, 2022 Listed $116,900 MLS #724908
Mar 23, 2020 Sold $63,100 MLS #694392
Jan 5, 2017 Listing removed $675 CPARMLS
Apr 29, 2013 Listing removed $650 CPARMLS
Apr 5, 2013 Listed for rent $650 CPARMLS
Mar 1, 1987 Sold $29,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $80,235 $28,298 $108,533 $2,014
2023 $77,199 $22,050 $99,249 $1,830
2022 $30,600 $16,537 $47,137 $962
2021 $29,405 $15,655 $45,060 $929
2020 $22,269 $15,655 $37,924 $827
2019 $22,569 $15,655 $38,224 $617
2018 $31,915 $15,655 $47,570 $720
2017 $32,215 $15,361 $47,576 $713
2016 $32,516 $15,141 $47,657 $730
2015 $32,816 $14,700 $47,516 $749
2014 $48,552 $759
2013 $49,587 $717
2012 $49,887 $727
2011 $55,333 $817
2008 $66,963 $968
2007 $96,654 $14,862

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
897 sqft
Lot size
10,497 sqft
ZIP code
32401
City
Panama City
Street
Elm Ave
Coordinates
30.15573, -85.63485

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$669
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 409 Elm Ave last sell?
409 Elm Ave most recently sold on May 1, 2022 for $111,500.
What is the current tax assessment for 409 Elm Ave?
The most recent total assessment for 409 Elm Ave (year 2025) is $108,533 with $2,014 in property tax.
How does 409 Elm Ave's assessment compare to its last sale price?
The current assessment is 2.7% below the last sale price of $111,500.
When was 409 Elm Ave built?
409 Elm Ave was built in 1955.
How does 409 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 409 Elm Ave?
409 Elm Ave is a 2 bed, 1 bath, 897 sqft, 10,497 sqft lot single_family.
Is 409 Elm Ave a flip candidate?
No — 409 Elm Ave does not appear in our flips dataset.
Is 409 Elm Ave a tax-appeal candidate?
No — 409 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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