tomo logo

$689,000

Beds
3
Baths
2.0
sq ft
2,517

1027 Barracuda Dr, Panama City, FL 32408

1027 Barracuda Dr

Panama City, FL 32408

  • 14 days on market
Welcome to your dream home in the highly sought-after Bay Point community of Panama City Beach, FL. This luxurious 3-bedroom, 2-bathroom residence offers 2,500 sqft of elegant living space, blending comfort and style in a serene cul-de-sac setting. Backing up to a tranquil pond and lush greenery, this home provides the perfect retreat for relaxation and privacy.Step inside to find a bright and open floor plan with beautiful luxury vinyl plank flooring throughout. The heart of the home features an open kitchen with granite countertops, perfect for entertaining and family gatherings. The spacious living areas flow seamlessly to the outdoors, where you can enjoy a refreshing pool and peaceful views of the surrounding nature.The master suite is a true sanctuary, complete with a $20,000 custom-built walk-in closet and a luxurious master bath featuring a soaking tub, a separate shower, and direct access to the pool. Additional amenities include, remote control shades, a new front-loading washer and dryer, new pool pump, an epoxy fleck-finished garage, and modern upgrades like a new HVAC and hot water heater system installed in 2022. Located within a secure, manned gated community, this home offers peace of mind and a sense of exclusivity. Seller is Offering $20,000 Credit towards closing costs, upgrades or interest rate buy downs. Don't miss the chance to make this serene oasis your own!

Details

Property type

Single Family Residence

Est. home value

$710,043

Lot size

9,583 sq ft

Price per sq ft

$274

Year built

1995

Annual property taxes

$4,970

Monthly HOA fee

$137.5

Price History

09/03/2024
CentralPanhandle

CentralPanhandle #762272

Listed
$689,000
-1.43%
06/17/2024
CentralPanhandle

CentralPanhandle #752702

Removed
$699,000
05/10/2024
CentralPanhandle

CentralPanhandle #752702

Price change
$699,000
-2.24%

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Clubhouse, Golf, Playground, Park, 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

$188,862
Asking price
$689,000
Closing costs (~8% of asking)
-$55,120
Est. remaining loan balance
-$445,018
Cash to seller
$188,862

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

July 2021

Original loan amount

$476,900

Est. remaining balance

$445,018

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Poorandai Shivbaran and Deoanand Shivbaran

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: Active

Tomo last checked: 09/19/2024 at 11:55 AM

Listing updated: 09/12/2024 at 2:49 PM

Listed by: Kelly L Killick, EXP Realty LLC Phone #: (888) 883-8509

MLS: CentralPanhandle #762272

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