3840 Redbud Way
Panama City, FL 32404
4 bd 2 ba 2,100 sqft Built 2021 Lot 7,405 sqft single_family
Most recent sale
$355,798
Jul 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 12, 2026 | Listing removed | $2,450 | CPARMLS |
| May 2, 2025 | Listed for rent | $2,500 | RentecDirect |
| May 11, 2024 | Price changed for rent | $2,650 | RentecDirect |
| Apr 9, 2024 | Listed for rent | $2,700 | RentecDirect |
| Sep 1, 2022 | Price changed for rent | $2,700 | RentecDirect |
| Aug 15, 2022 | Price changed for rent | $2,750 | RentecDirect |
| Jul 30, 2022 | Listed for rent | $2,800 | RentecDirect |
| Jul 27, 2022 | Sold | $355,798 | MLS #716002 |
| Apr 21, 2022 | Listed | $355,798 | MLS #716002 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $283,669 | $60,429 | $344,098 | $4,297 |
| 2023 | $268,430 | $44,726 | $313,156 | $3,961 |
| 2022 | — | $44,021 | $44,021 | $508 |
| 2021 | — | $42,944 | $42,944 | $511 |
Property facts
Year built
2021
Property type
single_family
Stories
—
Beds
4
Baths
2
Living area
2,100 sqft
Lot size
7,405 sqft
ZIP code
32404
City
Panama City
Street
Redbud Way
Coordinates
30.21697, -85.58623
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,885
Gross rental yield
13.10%
Implied cap rate
8.52%
Trend-extrapolated value
—
Frequently asked questions
When did 3840 Redbud Way last sell?
3840 Redbud Way most recently sold on Jul 27, 2022 for $355,798.
What is the current tax assessment for 3840 Redbud Way?
The most recent total assessment for 3840 Redbud Way (year 2025) is $344,098 with $4,297 in property tax.
How does 3840 Redbud Way's assessment compare to its last sale price?
The current assessment is 3.3% below the last sale price of $355,798.
When was 3840 Redbud Way built?
3840 Redbud Way was built in 2021.
How does 3840 Redbud Way compare to others on Redbud Way?
We track 8 other properties on Redbud Way. Browse the list under "Other properties on Redbud Way" to compare beds, baths, and sale history.
What are the property facts for 3840 Redbud Way?
3840 Redbud Way is a 4 bed, 2 bath, 2,100 sqft, 7,405 sqft lot single_family.
Is 3840 Redbud Way a flip candidate?
No — 3840 Redbud Way does not appear in our flips dataset.
Is 3840 Redbud Way a tax-appeal candidate?
No — 3840 Redbud Way 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 Redbud Way