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$119,900 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • Updated 5 days ago
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Charming End Unit Townhome - Affordable & Move-In Ready! Discover this end-unit townhouse-style home tucked away in a quiet, non-HOA community, offering freedom from extra fees and restrictions. Step inside to find a freshly painted interior in neutral tones, creating a bright and welcoming feel throughout. The updated kitchen shines with new cabinets, modern countertops, and stainless steel appliances, including a stove and hood. Enjoy the privacy of a fully fenced backyard and unwind under the covered back porch-perfect for outdoor relaxation or entertaining. Conveniently located between Panama City and Tyndall Air Force Base, this home offers affordable comfort and value in a prime central location. Whether you're a first-time buyer or looking to downsize, this property is ready for you to make it your own!

Full Property Details for 131 Cheri Ln

General

  • Price: $119,900
  • Taxes: $892 (2024)
  • Status: Active
  • Type: Townhouse
  • Source: Bay_County
  • MLS ID: 782421
  • Updated: 1/12/2026
  • Added to Site: 5 day(s) ago

Interior

  • Number of Rooms: 3
  • Appliances: Electric Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Location

  • County: Bay
  • Subdivision: [No Recorded Subdiv]
  • Driving Directions: From Business 98 at the bend heading toward Tyndall Parkway, turn left to access the property.

School Information

  • Elementary School: Parker
  • Middle School: Rutherford Middle
  • High School: Rutherford

Community

  • Community Name: 02 - Bay County - Central

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electricity Available

Structural Information

  • Structure Type: Townhouse
  • Stories/Levels: 2
  • Sq. Ft. Source: Appraiser
  • Year Built: 1984

Lot Features

  • Lot Dimensions: 18 x 135

Financial Considerations

  • Tax Amount: $892
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: W H PARKER PLAT (3.06B) 119A4 BEG 22' S & 330' W & 258' S OF NE COR LOT 27 TH S 23.95' E 135' N 23.95' W 135' TO POB ORB 4640 P 999
  • Property ID: 25249-322-000

Listed by Keller Williams Success Realty

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Listing agent

— 131 Cheri Ln —

  • Keller Williams Success Realty

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 131 Cheri Ln

School District:Bay County School District
NameGradesDistance
Parker Elementary School
640 South Highway 22 A, Panama City, FL 32404
PK-50.3 mi
Rutherford High School
1000 School Avenue, Panama City, FL 32401
6-82.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 131 Cheri Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$119,900
-4%
MLS
12/05/2025
Listed
$124,900
3.65%
MLS
12/09/2022
Sold
$120,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 131 Cheri Ln

Year
Property Taxes
Change
Tax Assessment
Change
2024
$892
3%
$104,379
3%
2023
$863
191%
$101,339
259%
2021
$297
-51%
$28,255
-52%
2022
$602
103%
$59,197
112%
2021
$297
-1%
$27,911
-1%
2019
$300
-33%
$28,264
-24%
2018
$450
9%
$37,020
-1%
2017
$412
-4%
$37,372
-1%
2016
$429
-4%
$37,719
-1%
2015
$449
-5%
$38,071
-5%
2014
$471
5%
$39,953
-6%
2013
$449
—
$42,360
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Keller Williams Success Realty

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131 Cheri Lane, Panama City, FL 32404 (MLS# 782421) is a Townhouse property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 131 Cheri Lane is currently listed for $119,900 and was received on January 12, 2026. Want to learn more about 131 Cheri Lane? Do you have questions about finding other Townhouse real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

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