tomo logo

$525,000

Beds
3
Baths
2.0
sq ft
1,344

1462 Alligator Dr, Panacea, FL 32346

1462 Alligator Dr

Panacea, FL 32346

  • 59 days on market
Beautiful Coastal Cottage on uber popular Alligator Point. Relax and enjoy the Forgotten Coast in this 3 bedroom 2 bath fully-updated property. Bring the whole family as this home also has a spacious bunk room (16x16) and complete exterior bathroom. Enjoy the breeze from multiple outdoor spaces- screened porch, large sun deck or concrete patio. The exterior features all new Hardie board siding, new exterior paint, new Bahamian shutters, new Trex deck, new staircase, newer windows, new outdoor shower, extended concrete pad, new concrete retaining wall and new standing seam metal roof. Inside you will find a spacious, open living room and kitchen combination. The kitchen features new white, custom cabinets and a beautiful quartz countertop complete with large island and new custom banquette seating and kitchen table. The living room features built-in custom cabinets to house the television and all of your special coastal treasures. Both bathrooms have been completely updated. New LVP floors run throughout- no carpet in this beach house! The bonus room has been completely refinished with new lighting, floors and mini split AC. Under the house there are multiple storage rooms for all of the beach gear and a fish cleaning station. Plenty of parking. Very short walk to the beach and the bay! There are multiple boat ramps within a mile or two. Enjoy the new bike path to visit nearby friends or the Tiki Hut. Property is sitting along the highest level, NO damage from Hurricane Michael or Helene, water did not reach property.

Details

Property type

Single Family Residence

Est. home value

$470,002

Lot size

7,841 sq ft

Price per sq ft

$391

Year built

1979

Annual property taxes

$1,896

Price History

10/26/2024
Tallahassee

Tallahassee #377716

Removed
$525,000
10/26/2024
Tallahassee

Tallahassee #378437

Listed
$525,000
10/09/2024
Tallahassee

Tallahassee #377716

Pending
$525,000

Schools & Community

Elementary school: 

OTHER COUNTY

Middle school: 

Franklin County Middle School

High school: 

Franklin County High School

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

$301,704
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$181,296
Cash to seller
$301,704

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

Seller’s Loan History

Lender

Envision Cu

Loan start date

March 2019

Original loan amount

$202,400

Est. remaining balance

$181,296

Interest rate

4.45%

Loan type

New Conventional, 30 year

Seller

Thomas D Hosford and Colleen Hosford

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

New
Tallahassee
$575,000
3 bd
|
2 ba
|
1,120 sq ft
|
House

3 Bass St, Panacea, FL 32346

Price drop
Tallahassee
$525,000
3 bd
|
2 ba
|
1,300 sq ft
|
House

145 Crescent Moon Trl, Sopchoppy, FL 32358

Price drop
Tallahassee
$499,000
3 bd
|
2 ba
|
1,548 sq ft
|
House

11 Green Rd, Sopchoppy, FL 32358

Status: Active

Tomo last checked: 12/24/2024 at 11:15 PM

Listing updated: 11/02/2024 at 2:21 AM

Listed by: Katie Hosford, The Naumann Group Real Estate Phone #: (850) 325-1681

MLS: Tallahassee #378437

Tallahassee logo

Recently listed in Panacea

$359,000|2 bd|2.0 ba|House
$249,900|2 bd|1.0 ba|House
$575,000|3 bd|2.0 ba|House
$579,000|2 bd|2.0 ba|House
$710,000|3 bd|3.0 ba|House
$630,000|3 bd|2.0 ba|House
$929,900|3 bd|3.5 ba|House
$997,000|3 bd|3.5 ba|House
$399,000|3 bd|2.0 ba|House
$200,000|1 bd|1.0 ba|House