tomo logo

$160,000

Beds
2
Baths
2.0
sq ft
1,000

105 Allen Ave Unit 55, Panama City, FL 32401

105 Allen Ave Unit 55

Panama City, FL 32401

  • 228 days on market
    • Price drop $4,900↓
Nestled within the esteemed Cove Neighborhood lies a charming 2-bedroom, 2-bathroom condominium that epitomizes coastal living at its finest. Positioned on the ground floor for convenience, this unit boasts designated parking just steps away from your door, ensuring seamless access to your tranquil abode. Step inside to discover a spacious master bedroom featuring an ensuite bathroom, offering a serene retreat for relaxation and privacy. Adjacent to it, a generously-sized second bedroom awaits, complemented by a well-appointed hallway bathroom. Indulge in the allure of community living with access to a private pool, overlooking the picturesque bay. Immerse yourself in the serenity of white sandy beaches, perfect for unwinding amidst breathtaking sunsets or indulging in leisurely fishing excursions on the Bay. Convenience meets lifestyle with a short stroll to Downtown Panama City, where an array of dining establishments, vibrant events, and a bustling farmers market await your exploration. Included in the package are HOA fees covering all utilities except power, as well as insurance on the building and exterior repairs, ensuring peace of mind for residents. With a minimum lease term of 3 months, seize the opportunity to embrace coastal living in this coveted locale.

Details

Property type

Condominium

Est. home value

$209,343

Lot size

Unknown

Price per sq ft

$160

Year built

1983

Annual property taxes

$2,470

Monthly HOA fee

$513

Price History

09/24/2024
CentralPanhandle

CentralPanhandle #755404

Listed
$160,000
08/30/2024
CentralPanhandle

CentralPanhandle #755404

Pending
$160,000
08/30/2024
CentralPanhandle

CentralPanhandle #755404

Listed
$160,000

Schools & Community

Elementary school: 

Cherry Street

Middle school: 

Jinks

High school: 

Bay

Community features: 

Pool

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

$17,892
Asking price
$160,000
Closing costs (~8% of asking)
-$12,800
Est. remaining loan balance
-$129,308
Cash to seller
$17,892

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2023

Original loan amount

$132,000

Est. remaining balance

$129,308

Interest rate

6.13%

Loan type

New Conventional, 30 year

Seller

Jeffrey Milkier and Candace Dawn Allison

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: 11/22/2024 at 11:25 PM

Listing updated: 10/28/2024 at 7:50 AM

Listed by: Ida Hargaray, Coldwell Banker Realty Phone #: (850) 234-6696

MLS: CentralPanhandle #755404

CentralPanhandle logo

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