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3851 Redbud Way

Panama City, FL 32404

3 bd 2 ba 1,820 sqft Built 2021 Lot 7,841 sqft single_family
Most recent sale
$358,361
Apr 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 12, 2026 Listing removed $2,400 CPARMLS
Sep 19, 2023 Price changed $358,000 CPARMLS
Sep 9, 2023 Price changed $371,000 CPARMLS
Sep 2, 2023 Listed $374,900 CPARMLS
Aug 26, 2023 Price changed $374,900 CPARMLS
Aug 21, 2023 Price changed $379,900 CPARMLS
Aug 17, 2023 Listed $383,778 CPARMLS
Apr 21, 2022 Listed $358,361 MLS #715982
Apr 12, 2022 Sold $358,361 MLS #715982
Aug 24, 2021 Listed $336,061 MLS #715983
May 17, 2021 Sold $947,143 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $269,531 $60,429 $329,960 $4,122
2023 $255,043 $44,726 $299,769 $3,793
2022 $44,021 $44,021 $508
2021 $42,944 $42,944 $511

Property facts

Year built
2021
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,820 sqft
Lot size
7,841 sqft
ZIP code
32404
City
Panama City
Street
Redbud Way
Coordinates
30.21707, -85.58719

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
$3,367
Gross rental yield
11.27%
Implied cap rate
7.33%
Trend-extrapolated value

Frequently asked questions

When did 3851 Redbud Way last sell?
3851 Redbud Way most recently sold on Apr 12, 2022 for $358,361.
What is the current tax assessment for 3851 Redbud Way?
The most recent total assessment for 3851 Redbud Way (year 2025) is $329,960 with $4,122 in property tax.
How does 3851 Redbud Way's assessment compare to its last sale price?
The current assessment is 7.9% below the last sale price of $358,361.
When was 3851 Redbud Way built?
3851 Redbud Way was built in 2021.
How does 3851 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 3851 Redbud Way?
3851 Redbud Way is a 3 bed, 2 bath, 1,820 sqft, 7,841 sqft lot single_family.
Is 3851 Redbud Way a flip candidate?
No — 3851 Redbud Way does not appear in our flips dataset.
Is 3851 Redbud Way a tax-appeal candidate?
No — 3851 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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