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$120,000

Beds
3
Baths
2.0
sq ft
908

138 Springfield Ave, Panama City, FL 32401

138 Springfield Ave

Panama City, FL 32401

  • <1 day on market
Investment Opportunity! This 3-bedroom, 2-bathroom home on nearly half an acre is full of potential. While it needs some updates, it's built on a solid foundation and ready for someone to make it shine.Inside, you'll find a spacious layout with room to customize. The living room and bedrooms are generously sized, offering a great starting point for your renovations.The large lot gives you plenty of space to work with, making it a rare find for the area. Located in a convenient neighborhood, this home could be a great rental or a perfect family home after some TLC.If you're ready to bring this property back to life, give us a call today to schedule a showing! All measurements are approximate and should be verified if important. Shed on property does not convey.

Details

Property type

Single Family Residence

Est. home value

$154,909

Lot size

0.44 acres

Price per sq ft

$133

Year built

1945

Annual property taxes

$725

HOA

No

Price History

01/14/2025
CentralPanhandle

CentralPanhandle #767176

Listed
$120,000
+49.07%
04/16/2019
CentralPanhandle

CentralPanhandle #678766

Sold
$80,500

Schools & Community

Elementary school: 

Cherry Street

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

$37,021
Asking price
$120,000
Closing costs (~8% of asking)
-$9,600
Est. remaining loan balance
-$73,379
Cash to seller
$37,021

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

Seller’s Loan History

Lender

Centennial Bank

Loan start date

April 2019

Original loan amount

$81,908

Est. remaining balance

$73,379

Interest rate

4.35%

Loan type

FHA, 30 year

Seller

Jennifer L Hicks

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?

Status: Active

Tomo last checked: 01/14/2025 at 9:25 AM

Listing updated: 01/14/2025 at 8:41 AM

Listed by: Mark Hearn, Corcoran Reverie Phone #: (850) 231-5030

MLS: CentralPanhandle #767176

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