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$497,000

Beds
4
Baths
2.0
sq ft
2,192

112 Grand Lagoon Shores Dr, Panama City, FL 32408

112 Grand Lagoon Shores Dr

Panama City Beach, FL 32408

  • 35 days on market
    • Price drop $20,000↓
Fantastic location within 1 mile away to white sandy Beaches !Beautiful one level home in popular Grand Lagoon Shores Subdivision with a huge lot of 1/3 of an acre . House is very spacious and has an open floor plan , including 4 bedrooms and 2 bathrooms, large pantry and laundry room.The porcelain floors throughout and carpet at bedrooms, 9 ft ceiling and electric fireplace in the living room .The huge Master Bedroom is on one side of the home along with a bonus room that can be used as another bedroom, office or gym. The 22 x 22 Garage is what ends up on most wish lists these days. The 7 x 28 Front porch is welcoming and there is a large den for comfort and for entertaining. You are so close to the Grand Lagoon and to the Gulf of Mexico- Shopping and Restaurants are minutes away- No flood zone and there are no HOA dues- This home in the popular Panama City Beach location is in a great school district too. Roof has been replaced in 2019, and A/C replaced 2019.The carport provides additional shade for cars in front of the house . The separated workshop building at the back yard, can be multiple use for storage/ business or for fishing equipment.The back yard has an unfinished pavilion and pool project, but can be a great addition to the property value.Don't wait , schedule your showing today !

Details

Property type

Single Family Residence

Est. home value

$512,481

Lot size

0.34 acres

Price per sq ft

$227

Year built

2005

Annual property taxes

$4,155

HOA

No

Price History

09/14/2024
CentralPanhandle

CentralPanhandle #761352

Price change
$497,000
-3.87%
09/01/2024
CentralPanhandle

CentralPanhandle #761352

Price change
$517,000
-3.72%
08/14/2024
CentralPanhandle

CentralPanhandle #761352

Listed
$537,000
+79%

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

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

$197,409
Asking price
$497,000
Closing costs (~8% of asking)
-$39,760
Est. remaining loan balance
-$259,831
Cash to seller
$197,409

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

March 2021

Original loan amount

$282,000

Est. remaining balance

$259,831

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Bakhtiyor Yusupov and Tomina Yusupova

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 11:00 PM

Listing updated: 09/14/2024 at 8:59 AM

Listed by: Irina Tibbits, Panhandle Real Estate Phone #: (850) 522-8955

MLS: CentralPanhandle #761352

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