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$225,000

Beds
3
Baths
2.0
sq ft
1,420

1121 Cone Ave, Panama City, FL 32401

1121 Cone Ave

Panama City, FL 32401

  • 15 days on market
Charming 3 bedroom/2 bath with huge bonus room and a large fenced in backyard located in the heart of Panama City. Close to shopping & marina with public boat ramp at St. Andres Bay. This home will need some repairs and landscaping work done. The seller is willing to negotiate a credit to go towards repairs at the right price. Roof was replaced in 2019.

Details

Property type

Single Family Residence

Est. home value

$229,152

Lot size

7,841 sq ft

Price per sq ft

$159

Year built

1997

Annual property taxes

$2,771

HOA

No

Price History

12/05/2024
CentralPanhandle

CentralPanhandle #765868

Listed
$225,000
+50.1%
02/12/2018
CentralPanhandle

CentralPanhandle #664694

Sold
$149,900

Schools & Community

Elementary school: 

Northside

Middle school: 

Jinks

High school: 

Bay

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

$66,766
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$140,234
Cash to seller
$66,766

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

November 2020

Original loan amount

$154,290

Est. remaining balance

$140,234

Interest rate

2.87%

Loan type

VA, 30 year

Seller

Mason Dakota Renberg and Zuleima Renberg

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: 12/22/2024 at 5:50 AM

Listing updated: 12/06/2024 at 12:00 PM

Listed by: Aaron Payne, Counts Real Estate Group Inc Phone #: (850) 249-3615

MLS: CentralPanhandle #765868

CentralPanhandle logo

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