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$224,000

Beds
3
Baths
2.0
sq ft
2,240

120 Elm Way, Panama City, FL 32404

120 Elm Way

Panama City, FL 32404

  • 37 days on market
    • Price drop $8,000↓
Quiet country setting just minutes from Eastern Shipbuilding and Tyndall AFB. Large, comfortable 3bd/2bth home with just under 1 acre, located in Callaway Heights, approximately one and a half mile from Hwy 22. Interior offers open floor, split bedroom floorplan. Kitchen offers a lot of storage, large kitchen island with refrigerator and dishwasher. The living room features built in entertainment center with additional shelving. Impressive master bedroom with seating area and large master bath area, with huge walk in closet. Very comfortably designed home in a convenient, yet quiet setting.

Details

Property type

Manufactured Home

Est. home value

$199,685

Lot size

0.98 acres

Price per sq ft

$100

Year built

2009

Price History

03/25/2025
EmeraldCoast

EmeraldCoast #969274

Price change
$224,000
-3.45%
03/14/2025
EmeraldCoast

EmeraldCoast #969274

Price change
$232,000
-3.33%
02/22/2025
EmeraldCoast

EmeraldCoast #969274

Listed
$240,000
+65.52%

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

$75,931
Asking price
$224,000
Closing costs (~8% of asking)
-$17,920
Est. remaining loan balance
-$130,149
Cash to seller
$75,931

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

Seller’s Loan History

Lender

First Federal Bank

Loan start date

April 2021

Original loan amount

$142,373

Est. remaining balance

$130,149

Interest rate

2.97%

Loan type

FHA, 30 year

Seller

Olivia Farr and Brennen Tims

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: 03/31/2025 at 8:10 PM

Listing updated: 03/25/2025 at 8:51 PM

Listed by: William F Rogers, Wanda G Roberts Realty LLC Phone #: (850) 398-5389

MLS: EmeraldCoast #969274

EmeraldCoast logo

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