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$205,000

Beds
2
Baths
1.0
sq ft
825

1400 Clay Ave, Panama City, FL 32401

1400 Clay Ave

Panama City, FL 32401

  • 38 days on market
    • Price drop $10,000↓
Welcome to this delightful 2-bedroom, 1-bathroom home in the heart of St. Andrews. Situated on a large corner lot, there's ample room to add a pool and create your own outdoor oasis. This cozy cottage has been thoughtfully updated over the years, including a metal roof, updated windows, flooring, and a refreshed kitchen and bathroom. Additionally, a new water heater was installed in June 2021.Perfectly positioned, this property is just a short walk to the marina, bay, and local tennis and basketball courts. Close to shopping a restaurants in Historic Downtown Panama City and Downtown St. Andrews, and only a 15 min drive to the white sandy beaches of PCB.Whether you're looking for a primary residence, a vacation getaway, or an investment, this home is ready to welcome you! Don't miss out--schedule a tour today and see the charm for yourself!

Details

Property type

Single Family Residence

Est. home value

$212,043

Lot size

9,148 sq ft

Price per sq ft

$249

Year built

1935

Annual property taxes

$2,564

HOA

No

Price History

11/26/2024
CentralPanhandle

CentralPanhandle #765065

Price change
$205,000
-4.65%
11/14/2024
CentralPanhandle

CentralPanhandle #765065

Listed
$215,000
+36.51%
07/13/2021
CentralPanhandle

CentralPanhandle #708675

Sold
$157,500
+105.08%

Schools & Community

Elementary school: 

Lucille Moore

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

$43,127
Asking price
$205,000
Closing costs (~8% of asking)
-$16,400
Est. remaining loan balance
-$145,473
Cash to seller
$43,127

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

Seller’s Loan History

Lender

Success Mortgage Partners Inc

Loan start date

June 2021

Original loan amount

$157,500

Est. remaining balance

$145,473

Interest rate

2.96%

Loan type

VA, 30 year

Seller

Kevin Tyler Stone

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: 12/23/2024 at 12:25 PM

Listing updated: 11/26/2024 at 6:39 PM

Listed by: Christi R Duncan, Beachy Beach Real Estate Phone #: (850) 233-4351

MLS: CentralPanhandle #765065

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