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$480,000

Beds
4
Baths
3.0
sq ft
1,714

107 Fernwood St, Panama City Beach, FL 32407

107 Fernwood St

Panama City Beach, FL 32407

  • 187 days on market
    • Price drop $20,000↓
Your Coastal Oasis Awaits! Discover the perfect blend of coastal living and suburban convenience. Located just a half-mile from the Gulf, this charming home offers proximity to pristine beaches and all the amenities of the area. Step inside and be greeted by a spacious and inviting interior. With 4 bedrooms, one that is versatile, can be a bonus room that can serve as an expansive retreat or additional living space, there's plenty of room for everyone. Three full bathrooms ensure comfort and convenience, with one located conveniently in the flex space. The heart of the home is the kitchen, featuring a large island that's perfect for entertaining and gatherings. Modern appliances, ample counter space, and a separate dining area create an ideal setting for enjoying meals together. The open floor plan and 9' ceilings enhance the spacious feel. Natural light fills the living spaces, creating a bright and cheerful ambiance throughout the day. A covered patio offers a tranquil spot for morning coffee or evening relaxation, overlooking a well-maintained yard ideal for outdoor activities. Beyond the home, enjoy proximity to Hutchison Elementary, Surfside Middle, and Arnold High Schools--perfect for families with school-aged children. Nearby Pier Park provides a wealth of shopping, dining, and entertainment options, ensuring there's always something to do. Don't miss your chance to experience coastal living at its finest. Schedule a tour today and envision yourself calling this exceptional property your new home.

Details

Property type

Single Family Residence

Est. home value

$478,036

Lot size

4,000 sq ft

Price per sq ft

$281

Year built

2018

Annual property taxes

$4,152

HOA

No

Price History

10/31/2024
CentralPanhandle

CentralPanhandle #758825

Price change
$480,000
-4%
10/08/2024
CentralPanhandle

CentralPanhandle #758825

Price change
$500,000
-6.54%
07/26/2024
CentralPanhandle

CentralPanhandle #758825

Removed
$535,000

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

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

$196,100
Asking price
$480,000
Closing costs (~8% of asking)
-$38,400
Est. remaining loan balance
-$245,500
Cash to seller
$196,100

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

December 2021

Original loan amount

$262,189

Est. remaining balance

$245,500

Interest rate

3.09%

Loan type

VA, 30 year

Seller

Eli C Knotts and Gina D Knotts

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: 12/24/2024 at 8:10 AM

Listing updated: 10/31/2024 at 4:20 PM

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

MLS: CentralPanhandle #758825

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