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$1,350,000

Beds
4
Baths
3.0
sq ft
2,652

1220 W Water Oak Bnd, Panama City Beach, FL 32413

1220 W Water Oak Bnd

Panama City Beach, FL 32413

  • 119 days on market
    • Price drop $49,000↓
Perched above the 16th fairway sits a newly renovated luxury retreat offering four bedrooms and three full bathrooms across a split floor plan with ample homey and entertaining spaces. Upon entry, you are welcomed into a gathering room with soaring ceilings and an abundance of natural light.The updated baths and renovated kitchen showcase modern finishes and stainless steel appliances, making both everyday living and entertaining a delight. New tile flooring throughout adds a touch of elegance paired with durability, while the select window treatments provide privacy and style.The home's exterior and interior have been freshly painted, giving it a pristine, move-in-ready appeal. You can enjoy peace of mind knowing that the home is well-maintained, updated, and protected.Step outside to find a beautifully landscaped yard, perfect for relaxation and outdoor activities, featuring an oversized pool that is ideal for both leisure and exercise. The home's location above the fairway not only offers stunning views but also provides a sense of tranquility and privacy.This luxury retreat is highly accessible to the community's pool and wellness amenities, ensuring that relaxation and recreation are just steps away. Additionally, the property is conveniently close to the Watersound Clubhouse of Shark's Tooth Golf Club at Wild Heron, making it an ideal choice for golf enthusiasts.Combining modern updates with timeless charm, this home is the perfect place to call your own. Don't miss the opportunity to make this stunning property yours!

Details

Property type

Single Family Residence

Est. home value

$1,069,221

Lot size

0.26 acres

Price per sq ft

$510

Year built

2004

Monthly HOA fee

$216.67

Price History

09/23/2024
CentralPanhandle

CentralPanhandle #759818

Price change
$1,350,000
-3.5%
08/12/2024
CentralPanhandle

CentralPanhandle #759818

Price change
$1,399,000
-3.52%
07/13/2024
CentralPanhandle

CentralPanhandle #759818

Listed
$1,450,000

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated, Fitness Center, Fishing, Playground, Tennis Court(s)

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

$290,246
Asking price
$1,350,000
Closing costs (~8% of asking)
-$108,000
Est. remaining loan balance
-$951,754
Cash to seller
$290,246

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2022

Original loan amount

$981,045

Est. remaining balance

$951,754

Interest rate

5.78%

Loan type

VA, 30 year

Seller

Jason S Hanson and Kendel M Hanson

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: 11/08/2024 at 8:25 PM

Listing updated: 09/30/2024 at 10:09 AM

Listed by: Tom Lewis, Counts Real Estate Group Inc Phone #: (850) 231-1483

MLS: CentralPanhandle #759818

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