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$678,000

Beds
3
Baths
2.5
sq ft
2,554

1417 Discovery Loop N, Panama City, FL 32405

1417 Discovery Loop N

Panama City, FL 32405

  • 9 days on market
    • Price drop $7,000↓
    • Open house Dec 22
This stunning sweet bay home is perfectly situated on more than a half acre lot, the largest ever developed in the community. The homes' east to west orientation, provides brilliant natural day time light, and expansive sunset views over the conservation preserve, and pond, allowing for maximum relaxation. A perfectly crafted build, this St Vincent floor plan features over seventy thousand dollars worth of upgrades, offering the epitome of coastal living. It spans 2,554, square feet, with 3 bedrooms, 2.5 baths and a loft area. Upon entry you are greeted by the expansive living area that is flooded with natural light through the panoramic windows. The open floor plan allows for seamless flow between the living, dining, and kitchen areas. The oversized kitchen features calacatta quartz countertops, upgraded painted cabinets with subway tile backsplash. and a large island with ample seating, perfect for entertaining family and friends. Completing the first level is the main suite. The large bedroom, surrounded with windows, features a walk-in closet and ensuite bathroom with dual vanities, a soaking tub, and a spacious shower, that includes a top level tile and a rain shower head. Through the living area, you are granted access to the screened-in porch overlooking the the large yard, which adds an additional 240 sq ft, of enclosed outdoor living space. Entering the second level of the home, the hardwood staircase banister and treads, finished in a whitewash stain, opens up into a second living area that serves perfectly as an office or playroom. The two additional bedrooms provide views of the conservation park and offer walk-in closets. The bathroom features a double vanity with custom mirrors, and matching calacatta quartz countertops. Sweet Bay is one of Bay Counties premiere neighborhoods, renowned for its new urbanism design, and just a short walk or quick golf cart away from this home, is one of Sweet Bays resort style pools and grilling areas. The neighborhood features walking trails, and plans for a Publix supermarket, marina and retail spaces. Featured in many advertisements and marketing materials for the community and developer this home is a MUST SEE!Inquire today to schedule a private viewing and start envisioning the coastal sweet bay lifestyle you deserve.All measurements are approximate and should be verified if important.

Details

Property type

Single Family Residence

Est. home value

$706,342

Lot size

0.51 acres

Price per sq ft

$266

Year built

2021

Annual property taxes

$5,547

Monthly HOA fee

$121

Price History

12/18/2024
CentralPanhandle

CentralPanhandle #766149

Price change
$678,000
-1.02%
12/13/2024
CentralPanhandle

CentralPanhandle #766149

Listed
$685,000
-1.58%
03/15/2024
CentralPanhandle

CentralPanhandle #743696

Removed
$696,000

Schools & Community

Elementary school: 

Northside

Middle school: 

Jinks

High school: 

Bay

Community features: 

Pool, Fishing, Playground, Park, Sidewalks

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

$260,333
Asking price
$678,000
Closing costs (~8% of asking)
-$54,240
Est. remaining loan balance
-$363,427
Cash to seller
$260,333

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

Seller’s Loan History

Lender

Southpoint Financial Services Inc

Loan start date

February 2021

Original loan amount

$397,653

Est. remaining balance

$363,427

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

William Mark Hearn Jr and Casey J Lathem

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: 12/22/2024 at 5:30 AM

Listing updated: 12/21/2024 at 8:39 PM

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

MLS: CentralPanhandle #766149

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