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$197,000

Beds
3
Baths
2.5
sq ft
1,383

1206 Stephen Dr Unit 3, Panama City, FL 32405

1206 Stephen Dr Unit 3

Panama City, FL 32405

  • 120 days on market
    • Price drop $3,000↓
A great opportunity to own a large townhouse centrally located in Panama City, Florida. This townhouse is 3 miles from Gulf Coast Community College, Florida State University and a short drive to the world's most beautiful beaches. This 2-story unit features 3 bedrooms and 2 1/2 baths. The main floor has a large living room that opens to a spacious dining room and kitchen. There is tile flooring throughout the first floor for easy maintenance, as well as a 1/2 bath for added guest convenience. The kitchen features plenty of storage and a breakfast bar that is perfect for more casual dining. A door from the kitchen leads to the backyard which includes a covered porch, a newer white vinyl fence & separate storage area. Upstairs, you will find 3 bedrooms, including a master suite with an ensuite bathroom. The ensuite bathroom and guest bathroom have tub/shower combos. The roof was replaced in (2021), water heater (2023) and AC is from 2012. A new washer/dryer will convey, along with a Ring doorbell. A recent survey is available for review. This townhouse is located in Flood Zone X. Please verify measurements and any important information.

Details

Property type

Townhouse

Est. home value

$200,820

Lot size

Unknown

Price per sq ft

$143

Year built

1986

Annual property taxes

$2,372

HOA

No

Price History

08/19/2024
CentralPanhandle

CentralPanhandle #760436

Price change
$197,000
-1.5%
07/25/2024
CentralPanhandle

CentralPanhandle #760436

Listed
$200,000
+7.53%
02/21/2023
CentralPanhandle

CentralPanhandle #736452

Sold
$186,000
+38.81%

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

$8,096
Asking price
$197,000
Closing costs (~8% of asking)
-$15,760
Est. remaining loan balance
-$173,144
Cash to seller
$8,096

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

Seller’s Loan History

Lender

Das Acquisition

Loan start date

February 2023

Original loan amount

$176,700

Est. remaining balance

$173,144

Interest rate

6.48%

Loan type

New Conventional, 30 year

Seller

Gina Pan

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: 11/22/2024 at 2:20 PM

Listing updated: 09/26/2024 at 11:11 PM

Listed by: Kelli A Adams, ERA Neubauer Real Estate, Inc Phone #: (850) 872-3434

MLS: CentralPanhandle #760436

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