tomo logo

$285,000

Beds
2
Baths
1.5
sq ft
972

158 Gulf Highlands Blvd, Panama City Beach, FL 32407

158 Gulf Highlands Blvd

Panama City Beach, FL 32407

  • 98 days on market
    • Price drop $10,000↓
Seller is willing to pay $3,000 concessions on a full $285,000 price offer.(End Unit) TownhouseStainless Steel AppliancesGoodman HVAC (2 Years Old)2 assigned parking spaces11 pools on property (4 heated)$273 monthly HOA (lowest in area)Tennis and Pickle ball courtsWeight Room4 minute walk to ocean24/7 security (gated community)

Details

Property type

Est. home value

$313,640

Lot size

958 sq ft

Price per sq ft

$294

Year built

1985

Annual property taxes

$2,693

Monthly HOA fee

$363

Price History

12/14/2024
CentralPanhandle

CentralPanhandle #762724

Price change
$285,000
-3.39%
12/05/2024
CentralPanhandle

CentralPanhandle #762724

Price change
$295,000
-3.28%
11/16/2024
CentralPanhandle

CentralPanhandle #762724

Price change
$305,000
-3.17%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated, Fitness Center, Playground, Tennis Court(s)

Senior community center: 

Yes

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

$95,860
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$166,340
Cash to seller
$95,860

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

Seller’s Loan History

Lender

Pacific Sun Mortgage

Loan start date

March 2021

Original loan amount

$181,800

Est. remaining balance

$166,340

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Edward Paul Reese Iii and Juli Desire Franklin Reese

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 7:40 PM

Listing updated: 12/14/2024 at 4:30 PM

Listed by: Stephen Hachey, Lowest Fee Realty LLC Phone #: (813) 642-6030

MLS: CentralPanhandle #762724

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