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$299,000
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Property Description
Welcome to Phillips Lane - a quiet, well-located gem in the heart of Panama City. This inviting home offers a comfortable blend of everyday functionality and Florida charm, perfect for full-time living, a second home, or an investment opportunity. This 2 bedroom, 2 bathroom home sits on almost a full acre of land and has two additional rooms without closets. Primary bedroom is onthe second floor and features a private balcony from which to enjoy calming views of the surrounding area. The Primary bathroom as double vanities and a walk-in shower. There is another full bath with a tub-shower combination & a single vanity. There is also a loft space above the tow car garage that would be perfect for a studio apartment, craft area or storage space. Furnishings can be sold too if desired
Full Property Details
Full Property Details for 3615 Phillips Ln
General
- Price: $299,000
- Taxes: $3,553 (2025)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 994035
- Updated: 1/29/2026
- Added to Site: 52 day(s) ago
Interior
- Rooms/Areas: Bedroom, Kitchen, Living Room, Master Bedroom
- Interior Features: Split Bedroom, Walls Paneled, Washer/Dryer Hookup
- Appliances: Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
Exterior
- Exterior Features: Balcony, Porch Open
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage Detached
Location
- Area: 27 - Bay County
- County: Bay
- Subdivision: Nonesuch Way
- Driving Directions: Follow Phillips Lane to the house on the left. Phillips Lane is a private road. Use GPS
School Information
- Elementary School: Cedar Grove
- Middle School: Rutherford ( Middle )
- High School: Rutherford
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Water Heater - Elect
Utilities
- Utility Description: Electric, Private Well, Septic Tank
Structural Information
- Architectural Style: Florida Cottage
- Construction: Roof Metal, Siding Wood
- Stories/Levels: 2
- Square Feet: 1,840
- Sq. Ft. Source: County PA Records
- Year Built: 1987
Lot Features
- Lot Size (Acres): 0.96
- Lot Dimensions: 190 x 220
- Street/Road Desc.: Private Road
- Lot Features: Cleared, Interior, Level
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $3,553
- Tax Year: 2025
- Terms: Conventional, FHA, VA
Disclosures and Reports
- Legal Description: 1 4S 14W -104.55- 118A2 BEG 2686.67' N 624' E & 275' N OF SW COR OF SEC FOR POB TH CONT N 225' E 196' S 225' W 196' TO POB ORB 1126 P 1197
- APN: 15029-002-000
Listed by Exit Realty Anchor South
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Schools
Schools serving 3615 Phillips Ln
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Cedar Grove Elementary School 2826 East 15th Street, Panama City, FL 32405 | PK-5 | 1 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3615 Phillips Ln
Date
Details
Price
Change
Source
1/29/2026
Listed
$299,000
17.25%
MLS
3/27/2025
Sold
$255,000
—
Public Record
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
Tax History for 3615 Phillips Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,297
110%
$207,880
66%
2024
$1,573
4%
$124,988
3%
2023
$1,515
19%
$121,348
10%
2021
$1,270
-5%
$110,628
-3%
2022
$1,331
5%
$113,947
4%
2021
$1,270
4%
$109,101
-4%
2019
$1,225
1%
$113,566
2%
2018
$1,211
1%
$111,448
2%
2017
$1,194
1%
$109,156
2%
2016
$1,186
-1%
$106,911
1%
2015
$1,204
3%
$106,168
1%
2014
$1,172
59%
$105,325
2%
2013
$739
—
$103,768
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3615 Phillips Ln
3615 Phillips Lane, Panama City, FL 32404 (MLS# 994035) is a Single Family property with 2 bedrooms and 2 full bathrooms. 3615 Phillips Lane is currently listed for $299,000 and was received on January 29, 2026. Want to learn more about 3615 Phillips Lane? Do you have questions about finding other Single Family 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.

