#774176, Listing office: Keller Williams Success Realty
501 Wood Trl Panama City, FL 32405
Property details
About 501 Wood Trl
Crafted by the renowned Koehnemann Construction, this beautiful home in the coveted ''The Woods Phase 3'' community offers a true suburban retreat on a generous half acre lot. The professionally landscaped grounds create a serene backdrop for relaxing and entertaining, while the fenced backyard--complete with patio and screened back porch--provides an inviting outdoor oasis.Inside, you'll find four bedrooms and three full bathrooms. A cozy den and a spacious family room offer comfortable gathering spaces, while a bright breakfast nook and a grand dining room provide plenty of options for both casual meals and formal entertaining. The large primary suite includes its own exit to the backyard, and both the living room and dining room open onto the patio and back porch as well, creating seamless indoor-outdoor flow throughout the home.This property has been meticulously updated over the years: fresh interior paint and granite kitchen countertops in 2016, a new roof in 2018, updated carpeting and flooring in 2019, replacement windows and doors in 2022, a new air conditioning unit and hot water tank in 2023, and, as recently as 2025, a termite inspection and the addition of the screened back porch ideal for year round enjoyment.Beyond your doorstep, neighborhood parks, trails, and local amenities enhance the outdoor lifestyle this home supports. With convenient access to Highway 390 (1.8 miles), Highway 98 (1.5 miles), US 231 (2.5 miles), and Panama City Beach's world renowned sugary shore just 11 miles away, everyday errands and weekend adventures are at your fingertips. The highly motivated sellers have shared many wonderful memories in this community and have enjoyed their dynamic home.. They are excited to leave this beautiful home to the future owners. Contact your favorite Realtor today to schedule a tour and discover why this could be your next home.
Highlights
Summary
- Full Bathrooms: 3
- Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
- Interior: Kitchen Island, Split Bedrooms
- Fireplace: Outside
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached, Driveway, Garage, Garage Door Opener
- Exterior: Patio
- Architectural Style: Traditional
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $585,900
- Price/SqFt: $260
- HOA Amount: $330 Annually
- Annual Tax Amount: $3,535
- Tax Year: 2023
- Lot: Corner Lot, Landscaped
- Directions: Access GPS for the best navigation
- Year Built: 1997
- Living Area: 2,246 SqFt
- Lot Size: 0.51 Acres
- MLS Number: 776778
- MLS Name: BCAR
- Office Name: Coldwell Banker Realty
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/31/2025, 4:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $232,821 | $3,535 |
2022 | $226,040 | $3,352 |
2021 | $219,456 | $3,352 |
2020 | $216,426 | $3,268 |
2018 | $207,615 | $2,539 |
2017 | $203,345 | $2,456 |
History based on county public records data.
Nearby schools
3
Hiland Park Elementary School
Public District KG-5
1.5 mi
•2507 E Baldwin Rd
3
Northside Elementary School
Public District PK-5
1.7 mi
•2001 Northside Dr
6
Bay Haven Charter Academy
Public Charter KG-5
1.9 mi
•2501 Hawks Landing Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,744. The most common annual income of people living in Panama City, FL is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 501 Wood Trl
The listing price of 501 Wood Trl property is $585,900.
The property 501 Wood Trl is a house located in Panama City, Florida, 32405.
Active Listing: 501 Wood Trl is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 501 Wood Trl are: Hiland Park Elementary School (GreatSchools Rating 3/10), Northside Elementary School (GreatSchools Rating 3/10), Bay Haven Charter Academy (GreatSchools Rating 6/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Bay Haven Charter Middle School (GreatSchools Rating 6/10), Mowat Middle School (GreatSchools Rating 5/10), A Crawford Mosley High School (GreatSchools Rating 6/10), Bay High School (GreatSchools Rating 5/10), Central High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $3,535 (source: MLS/based on county public records data).
The property at 501 Wood Trl has 4 bedrooms and 3 bathrooms.
The property 501 Wood Trl is 2,246 SqFt (source: MLS/tax record).
The year of construction for 501 Wood Trl is 1997.
This home is located at 501 Wood Trl in Panama City, FL and zip code 32405 in the The Woods neighborhood. This 2,246 square foot home, which was built in 1997, sits on a 0.51 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 26, 2025 and is currently priced at $585,900.
In June 2025, from all listings sold in Panama City, FL there were more than 26 sold above asking price, over 144 sold below and more than 47 were sold right at the asked price. In June 2025 in Panama City, FL there were 2.4% less homes for sale than in May. While the average time on the market in June 2025 was 78 days, the median list price was $330,871.