tomo logo

$279,900

Beds
3
Baths
2.0
sq ft
1,572

105 N Cove Terrace Dr, Panama City, FL 32401

105 N Cove Terrace Dr

Panama City, FL 32401

  • 51 days on market
    • Price drop $20,000↓
Welcome to this cozy 3-bedroom, 2-bathroom gem located in the highly sought-after Cove neighborhood, just a short walk from Cherry Elementary School. Perfect for families, this home offers a flexible floor plan, with two bedrooms combined into a primary suite. The home also features an HVAC system installed in 2018, and a tankless hot water heater to provide on-demand hot water.Outside, you'll love the 12x20 outdoor shop - perfect for storage, hobbies, or a workspace. The backyard provides plenty of space for relaxation and entertainment. This property is a great find in a fantastic location!Don't miss the chance to make this home your own. Schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$302,591

Lot size

0.26 acres

Price per sq ft

$179

Year built

1951

HOA

No

Price History

10/31/2024
CentralPanhandle

CentralPanhandle #763369

Price change
$279,900
-6.67%
09/26/2024
CentralPanhandle

CentralPanhandle #763369

Listed
$299,900
+50.7%
10/23/2020
CentralPanhandle

CentralPanhandle #701869

Sold
$199,000

Schools & Community

Elementary school: 

Cherry Street

Middle school: 

Jinks

High school: 

Bay

Seller’s Loan History

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

Lender

Centennial Bank

Loan start date

October 2020

Original loan amount

$192,307

Est. remaining balance

$175,321

Interest rate

2.93%

Loan type

FHA, 30 year

Seller

Michelle Conrad

Lender

Florida Housing Finance Corp

Loan start date

October 2020

Original loan amount

$15,000

Est. remaining balance

Not provided

Interest rate

2.93%

Loan type

Stand Alone Second

Seller

Michelle Conrad

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 11:30 PM

Listing updated: 10/31/2024 at 5:30 PM

Listed by: Cory E Herrman, Counts Real Estate Group Inc Phone #: (850) 231-1483

MLS: CentralPanhandle #763369

CentralPanhandle logo

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