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$689,000

Beds
4
Baths
3.0
sq ft
2,766

1016 Barracuda Dr, Panama City, FL 32408

1016 Barracuda Dr

Panama City Beach, FL 32408

  • Pending
    • Price drop $11,000↓
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. This home qualifies for a 2.75% fixed VA assumable loan. Welcome to this beautifully updated home located in the prestigious Bay Point Community in PCB. This stunning home boasts 4 bedrooms, 3 bathrooms, and 2,766 square feet of luxurious living space, plus a spacious 3-car garage. The owners have meticulously maintained and updated this home. As you step inside, you'll be greeted by a bright and open floor plan, showcasing new flooring, fresh interior paint, modern trim, and new fixtures throughout. The new kitchen features brand-new appliances, sleek granite countertops, and contemporary fixtures. The master suite is a true retreat, complete with loft access that could be an office or private nook. The en-suite bathroom features a walk-in closet, walk-in shower, and separate soaker tub. Three additional bedrooms provide ample space for family, visitors, or personal use. Outside, you'll find your own private oasis. The backyard features a sparkling pool, perfect for cooling off on hot summer days or entertaining. The entire exterior of the home has also been freshly painted, giving it fantastic curb appeal. The property backs up to the old golf course for additional privacy. Living in the Bay Point Community means enjoying a wealth of amenities and social activities. Residents have access to a golf course, tennis courts, and a marina. The community offers security, beautifully maintained parks, and scenic walking trails for outdoor enjoyment. Located just minutes from the beach, local dining, shopping, and entertainment, 1016 Barracuda Dr. offers unparalleled convenience. Don't miss your chance to own this slice of paradise - schedule your private tour today! Buyer to verify all information if deemed important.

Details

Property type

Single Family Residence

Est. home value

$641,789

Lot size

0.36 acres

Price per sq ft

$250

Year built

1987

Annual property taxes

$5,463.79

Monthly HOA fee

$88.75

Price History

09/17/2024
CentralPanhandle

CentralPanhandle #760743

Pending
$689,000
08/10/2024
CentralPanhandle

CentralPanhandle #760743

Price change
$689,000
-1.57%
07/31/2024
CentralPanhandle

CentralPanhandle #760743

Listed
$700,000
+25%

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Gated, Fitness Center, Fishing, Golf, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$89,788
Asking price
$689,000
Closing costs (~8% of asking)
-$55,120
Est. remaining loan balance
-$544,092
Cash to seller
$89,788

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

November 2021

Original loan amount

$580,160

Est. remaining balance

$544,092

Interest rate

2.86%

Loan type

VA, 30 year

Seller

Blake Welch

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 09/20/2024 at 3:05 AM

Listing updated: 09/17/2024 at 11:49 AM

Listed by: Jessica Henrichsen, Real Broker LLC Phone #: (855) 450-0442

MLS: CentralPanhandle #760743

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