7505 Melody Ln
Panama City, FL 32404
4 bd 2 ba 2,036 sqft Built 1985 Lot 11,326 sqft single_family
Most recent sale
$312,000
Mar 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 30, 2024 | Sold | $319,000 | CPARMLS |
| Dec 24, 2023 | Price changed | $319,000 | CPARMLS |
| Dec 6, 2023 | Price changed | $324,900 | CPARMLS |
| Nov 25, 2023 | Price changed | $329,900 | CPARMLS |
| Nov 5, 2023 | Price changed | $333,000 | CPARMLS |
| Oct 18, 2023 | Price changed | $341,500 | CPARMLS |
| Oct 12, 2023 | Price changed | $349,900 | CPARMLS |
| Sep 30, 2023 | Listed | $354,900 | CPARMLS |
| Mar 25, 2022 | Sold | $312,000 | MLS #718425 |
| Jan 31, 2022 | Price changed | $318,000 | MLS #718425 |
| Oct 27, 2021 | Listed | $320,000 | MLS #718425 |
| Aug 17, 2018 | Sold | $207,000 | MLS #672272 |
| Jun 5, 2018 | Price changed | $210,000 | MLS #672272 |
| Jun 2, 2018 | Relisted | $215,000 | MLS #672272 |
| Jun 1, 2018 | Listing removed | — | CPARMLS |
| May 28, 2018 | Listed | $215,000 | MLS #672272 |
| Apr 12, 2016 | Sold | $185,100 | Public Record |
| Apr 9, 2016 | Sold | $185,000 | CPARMLS |
| Mar 15, 2016 | Listing removed | $185,000 | CPARMLS |
| Mar 14, 2016 | Listed | $185,000 | MLS #643677 |
| Oct 1, 1985 | Sold | $91,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $241,545 | $32,573 | $274,118 | $3,753 |
| 2023 | $232,525 | $32,656 | $265,181 | $3,126 |
| 2022 | — | — | $177,602 | $1,785 |
| 2021 | — | — | $172,430 | $1,770 |
| 2020 | — | — | $170,049 | $1,756 |
| 2019 | $139,250 | $26,976 | $166,226 | $1,702 |
| 2018 | $129,195 | $26,976 | $156,171 | $1,510 |
| 2017 | $131,165 | $26,976 | $158,141 | $1,593 |
| 2016 | $99,897 | $26,726 | $126,623 | $1,724 |
| 2015 | $101,507 | $26,726 | $128,233 | $1,131 |
| 2014 | — | — | $130,603 | $1,832 |
| 2013 | — | — | $147,932 | $1,901 |
| 2012 | — | — | $151,130 | $1,957 |
| 2011 | — | — | $152,240 | $2,011 |
| 2010 | — | — | $153,350 | $2,070 |
| 2009 | — | — | $171,248 | $2,350 |
| 2008 | — | — | $180,978 | $2,327 |
| 2007 | — | — | $203,219 | $2,532 |
Property facts
Year built
1985
Property type
single_family
Stories
—
Beds
4
Baths
2
Living area
2,036 sqft
Lot size
11,326 sqft
ZIP code
32404
City
Panama City
Street
Melody Ln
Coordinates
30.13978, -85.56389
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,872
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7505 Melody Ln last sell?
7505 Melody Ln most recently sold on Mar 25, 2022 for $312,000.
What is the current tax assessment for 7505 Melody Ln?
The most recent total assessment for 7505 Melody Ln (year 2025) is $274,118 with $3,753 in property tax.
How does 7505 Melody Ln's assessment compare to its last sale price?
The current assessment is 12.1% below the last sale price of $312,000.
When was 7505 Melody Ln built?
7505 Melody Ln was built in 1985.
How does 7505 Melody Ln compare to others on Melody Ln?
We track 2 other properties on Melody Ln. Browse the list under "Other properties on Melody Ln" to compare beds, baths, and sale history.
What are the property facts for 7505 Melody Ln?
7505 Melody Ln is a 4 bed, 2 bath, 2,036 sqft, 11,326 sqft lot single_family.
Is 7505 Melody Ln a flip candidate?
No — 7505 Melody Ln does not appear in our flips dataset.
Is 7505 Melody Ln a tax-appeal candidate?
No — 7505 Melody Ln 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 Melody Ln