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$217,500

Beds
3
Baths
2.0
sq ft
1,778

11940 Raintree Dr, Panama City, FL 32404

11940 Raintree Dr

Panama City, FL 32404

  • 207 days on market
    • Price drop $15,000↓
MOTIVATED SELLER! This countryside spacious 3 bedroom/ 2 bathroom open floor plan. With a little TLC this craftsman style home open floor plan provides ample space for relaxation and after a long day, or having fun entertaining friends and family. This home has great yard space and a wonderful in ground pool. Don't forget to take advantage of the beautiful water view of Cooks Bayou as you drive to your new property. This property is in driving distance of Eastern Shipbuilding and Tyndall AFB. Don't miss your opportunity to invest now!!!

Details

Property type

Single Family Residence

Est. home value

$254,560

Lot size

7,187 sq ft

Price per sq ft

$123

Year built

1985

Annual property taxes

$892

Monthly HOA fee

$33.33

Price History

11/09/2024
CentralPanhandle

CentralPanhandle #757838

Price change
$217,500
-6.45%
08/05/2024
CentralPanhandle

CentralPanhandle #757838

Price change
$232,500
-4.12%
07/18/2024
CentralPanhandle

CentralPanhandle #757838

Price change
$242,500
-1.02%

Schools & Community

Elementary school: 

Callaway

Middle school: 

Rutherford Middle

High school: 

Rutherford

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

$131,402
Asking price
$217,500
Closing costs (~8% of asking)
-$17,400
Est. remaining loan balance
-$68,698
Cash to seller
$131,402

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

Seller’s Loan History

Lender

Perimeter Mortgage Funding Corp

Loan start date

November 2003

Original loan amount

$138,720

Est. remaining balance

$68,698

Interest rate

5.98%

Loan type

VA, 30 year

Seller

Andrew Kolbe and Susan Kolbe

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: 12/23/2024 at 8:50 AM

Listing updated: 11/08/2024 at 7:59 PM

Listed by: Cat Nelson, Coldwell Banker Realty Phone #: (850) 234-6696

MLS: CentralPanhandle #757838

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