tomo logo

$190,000

Beds
2
Baths
2.5
sq ft
1,198

1325 W 12th St Unit A8, Panama City, FL 32401

1325 W 12th St Unit A8

Panama City, FL 32401

  • 156 days on market
    • Price drop $25,000↓
Welcome to the Landings at Lake Caroline. Within walking distance of the vibrant Downtown St. Andrews area, tranquil Lake Caroline, and the popular beaches along Beach Drive just a stone's throw away, this recently refurbished condo is the perfect starter home or home for a small family. Unit A8 features 2 bedrooms, 2 full baths, and a half bath, providing an ideal setting for leisurely walks along Beach Drive's scenic route and easy access to the eclectic array of shops and eateries in St. Andrews. As you step inside, you're welcomed by picturesque views of ancient oak trees through the sliding glass patio door. The kitchen exudes contemporary elegance with its white cabinetry, shiplap, granite countertops, newer appliances, and a breakfast bar overlooking the dining area. The generously sized living room, perfect for hosting gatherings, extends onto a patio, complemented by a convenient half bath for guests on the main floor. On the second floor, you will find the guest or second bedroom and guest bathroom with updated vanity and fixtures. The master suite includes its own private covered balcony and completely updated master bathroom. The master bath features double Quartz vanities, a spacious walk-in closet, shiplap, and a tiled walk-in shower for unwinding after a long day. Outside, the covered back porch provides a cozy space for grilling and relaxation, with a private laundry room equipped with a washer and dryer conveniently tucked away off the patio. This townhome community also offers a refreshing pool, scheduled for a complete overhaul in Spring 2024, just in time for summer enjoyment. With its prime location, this move-in ready property is an excellent option for first-time homebuyers, small families, or astute investors seeking hassle-free coastal living in St. Andrews.

Details

Property type

Condominium

Est. home value

$202,534

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$159

Year built

1985

Annual property taxes

$2,917

Monthly HOA fee

$385

Price History

05/31/2024
CentralPanhandle

CentralPanhandle #755743

Price change
$190,000
-11.63%
04/26/2024
CentralPanhandle

CentralPanhandle #755743

Price change
$215,000
-4.44%
04/16/2024
CentralPanhandle

CentralPanhandle #755743

Listed
$225,000
+28.57%

Schools & Community

Elementary school: 

Northside

Middle school: 

Jinks

High school: 

Bay

Community features: 

Pool

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

$25,836
Asking price
$190,000
Closing costs (~8% of asking)
-$15,200
Est. remaining loan balance
-$148,964
Cash to seller
$25,836

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

Seller’s Loan History

Lender

Geneva Financial Llc

Loan start date

February 2022

Original loan amount

$157,500

Est. remaining balance

$148,964

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

David Henry and Lisa K Henry

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?

Similar Homes Nearby

Price drop
CentralPanhandle
$190,000
2 bd
|
2.5 ba
|
1,198 sq ft
|
Townhouse

1325 W 12th St Unit A9, Panama City, FL 32401

CentralPanhandle
$198,000
2 bd
|
2.5 ba
|
1,260 sq ft
|
Townhouse

910 Premier Dr, Panama City, FL 32401

Price drop
CentralPanhandle
$177,500
2 bd
|
1 ba
|
803 sq ft
|
Condo

1301 Beck Ave Unit 61, Panama City, FL 32401

Status: Active

Tomo last checked: 09/19/2024 at 11:55 AM

Listing updated: 06/12/2024 at 6:23 PM

Listed by: Scott Kirkman, EXP Realty LLC Phone #: (888) 883-8509

MLS: CentralPanhandle #755743

CentralPanhandle logo

Recently listed in Panama City