1611 Lake Ave

Panama City, FL 32401

Sold $180KForeclosure · Aug 15, 2023 at 11:06 AM ET·2 bed · 2 bath · 1,294 sqft · built 1941 · Single Family

Judgment
$139,735
HomeBadger estimate
$306,169
Equity
+$166,434
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1611 Lake Ave, Panama City, FL 32401 sold at a foreclosure auction on Aug 15, 2023 for $180,300 to a 3rd-party bidder in Bay County, Florida (case 22000578CA). The final judgment is $139,735; the estimated value is $306,169 (equity of $166,434). The property is a 2 bed, 2 bath, 1,294 sqft, single family, built in 1941. Updated from Bay County clerk records.

Bay County
Street view of 1611 Lake Ave, Panama City, FL 32401

Auction

Type
Foreclosure auction
Status
Sold
Sale date
Aug 15, 2023 · 11:06 AM ET
Case number
22000578CA
Final judgment
$139,735
Plaintiff max bid
$138,683
Sold for
$180,300
Sold to
3rd Party Bidder
Plaintiff
PENNYMAC LOAN SERVICES LLC

Property

Property type
Single Family
Bedrooms
2
Bathrooms
2
Living area
1,294 sqft
Lot size
7,536 sqft
Year built
1941
Pool
—
Parcel ID
29165-000-000

Legal description: LAKESIDE PLAT 79D3 LOT 4 BLK 21 ORB 3960 P 489

Valuation

Estimated value
$306,169HomeBadger estimate · $241K–$366K

HomeBadger estimate: model based on Florida sales and the county appraiser's roll.

Judgment ÷ value
46%
Equity at judgment
+$166,434

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Owner, parties & documents

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Comparable auction sales

Nearby properties sold to 3rd-party bidders in the last two years.

Sales
6
Median distance
6.3 mi

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Auction history

  1. Aug 15, 2023 · Sold for $180,300

    Foreclosure

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