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$169,318Estimated home value

Beds
3
Baths
2.0
sq ft
1,196

145 Otter Lake Rd, Panacea, FL 32346

145 Otter Lake Rd

Panacea, FL 32346

  • Sold On 10/10/2024
    • Price drop $5,100↓
Handicap accessible home located in downtown Panacea. This home offers 3 bedrooms, 2 bathrooms, tile and laminate floors throughout, handicap shower in master bathroom, carport, screened back porch, fenced yard, and much more. Located within walking distance to the bay and park.

Details

Property type

Single Family Residence

Est. home value

$169,318

Lot size

7,405 sq ft

Price per sq ft

$117

Year built

1972

Price History

10/10/2024
Tallahassee

Tallahassee #376269

Sold
$120,000
-14.22%
09/28/2024
Tallahassee

Tallahassee #376269

Pending
$139,900
09/05/2024
Tallahassee

Tallahassee #376269

Price change
$139,900
-3.52%

Schools & Community

Elementary school: 

MEDART

Middle school: 

WAKULLA

High school: 

WAKULLA

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

$55,600
Asking price
$139,900
Closing costs (~8% of asking)
-$11,192
Est. remaining loan balance
-$73,108
Cash to seller
$55,600

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

November 2022

Original loan amount

$75,000

Est. remaining balance

$73,108

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Gary Nickell and Colleen Nickell

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: Off Market

Tomo last checked: 11/09/2024 at 10:55 AM

Listing updated: 10/10/2024 at 6:35 PM

Listed by: Christina Rivers, Bluewater Realty Group Phone #: (850) 926-8777

MLS: Tallahassee #376269

Tallahassee logo

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