tomo logo

$1,038,686Estimated home value

Beds
4
Baths
4.0
sq ft
3,724

112 Legend Lakes Dr, Panama City, FL 32408

112 Legend Lakes Dr

Panama City Beach, FL 32408

  • Sold On 4/12/2023
    • Price drop $25,000↓
CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS You will enjoy the peaceful 18-hole Jack Nicklaus golf course views from this 3724 sq ft 4 bedrooms +den, 5 baths executive home, located in Bay Point, a gated community. This sophisticated residence exceeds expectations inside and out, including ample storage for all your needs. The essence of modern coastal elegance is experienced throughout with the master bedroom tray ceiling, crown molding, 22' high family room and dining room ceilings, stately columns, and many updated finishes. It has all new LED lighting fixtures, new carpet and luxury vinyl plank, three new Rheem HVAC units, and new 80 gal hot water heater and recirculator (so you have instant hot water throughout). A flowing floorplan effortlessly highlights the tropical b

Details

Property type

Single Family Residence

Est. home value

$1,038,686

Lot size

0.31 acres

Price per sq ft

$269

Year built

1999

Annual property taxes

$5,493

Monthly HOA fee

$110.42

Price History

02/28/2025
CentralPanhandle

CentralPanhandle #766809

Removed
$1,109,900
02/24/2025
CentralPanhandle

CentralPanhandle #766809

Price change
$1,109,900
-0.81%
02/16/2025
CentralPanhandle

CentralPanhandle #766809

Price change
$1,119,000
-0.97%

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Golf, Gated, Playground

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

$40,450
Asking price
$999,900
Closing costs (~8% of asking)
-$79,992
Est. remaining loan balance
-$879,458
Cash to seller
$40,450

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

Seller’s Loan History

Lender

Bank Of England

Loan start date

April 2023

Original loan amount

$900,000

Est. remaining balance

$879,458

Interest rate

6.32%

Loan type

VA, 30 year

Seller

Marco T Cooper

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?

Similar Homes Nearby

Price drop
CentralPanhandle
$1,175,000
4 bd
|
4.5 ba
|
3,983 sq ft
|
Condo

4113 Cobalt Cir Unit PO75, Panama City, FL 32408

Price drop
CentralPanhandle
$1,250,000
4 bd
|
3.5 ba
|
3,474 sq ft
|
House

3202 Swordfish Dr, Panama City, FL 32408

Price drop
CentralPanhandle
$969,900
4 bd
|
3.5 ba
|
3,084 sq ft
|
House

3208 Blue Heron Blvd, Panama City, FL 32408

Status: Off Market

Tomo last checked: 04/02/2025 at 2:55 AM

Listing updated: 01/16/2025 at 11:20 AM

Listed by: James R Baxter, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #717310

CentralPanhandle logo