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3847 Redbud Way

Panama City, FL 32404

4 bd 2 ba 2,100 sqft Built 2021 Lot 9,148 sqft single_family
Most recent sale
$323,429
Mar 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 21, 2022 Listed $323,448 MLS #715998
Mar 1, 2022 Sold $323,429 Public Record
Feb 28, 2022 Sold $323,448 MLS #715998

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $249,166 $60,429 $309,595 $3,870
2023 $235,806 $44,726 $280,532 $3,552
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
9,148 sqft
ZIP code
32404
City
Panama City
Street
Redbud Way
Coordinates
30.21691, -85.58710

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
$1,941
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3847 Redbud Way last sell?
3847 Redbud Way most recently sold on Mar 1, 2022 for $323,429.
What is the current tax assessment for 3847 Redbud Way?
The most recent total assessment for 3847 Redbud Way (year 2025) is $309,595 with $3,870 in property tax.
How does 3847 Redbud Way's assessment compare to its last sale price?
The current assessment is 4.3% below the last sale price of $323,429.
When was 3847 Redbud Way built?
3847 Redbud Way was built in 2021.
How does 3847 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 3847 Redbud Way?
3847 Redbud Way is a 4 bed, 2 bath, 2,100 sqft, 9,148 sqft lot single_family.
Is 3847 Redbud Way a flip candidate?
No — 3847 Redbud Way does not appear in our flips dataset.
Is 3847 Redbud Way a tax-appeal candidate?
No — 3847 Redbud Way 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
-0.5%
Implied 1-yr
-2.1%
2026 Q3
$282.7K
2026 Q4
$281.1K
ZIP 32404 — Median Price History + Forecast

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