tomo logo

$264,000

Beds
3
Baths
2.0
sq ft
1,094

1607 W 13th St, Panama City, FL 32401

1607 W 13th St

Panama City, FL 32401

  • 45 days on market
    • Price drop $5,000↓
**Seller offering $5,000 seller concessions to be used as closing costs assistance or rate buy down with accepted offer. **Discover this quality-built 3-bedroom, 2-bathroom home, thoughtfully updated for modern living. Boasting comfortable living spaces and a host of improvements, this property is ideal for families, first-time buyers, or anyone seeking a great opportunity. Features You'll Love, a new roof in 2019, stylish updated throughout including newly installed vinyl plank flooring and fresh interior/exterior paint, a detached bonus building that's framed with 3 rooms and equipped with electrical creating the perfect space for a workshop, studio or extra storage spaceThe heart of the home is the open kitchen, featuring birch butcher block countertops, sleek new cabinetry, and stainless steel appliances. Both bathrooms have been updated with chic vanities and finishes. Step outside to the fenced backyard, a private oasis with ample room for barbecues, outdoor entertaining, and family fun. With its blend of charm, modern upgrades, and versatile spaces, this home is a rare find. Schedule your private tour today!

Details

Property type

Single Family Residence

Est. home value

$226,008

Lot size

7,275 sq ft

Price per sq ft

$242

Year built

1960

Annual property taxes

$2,659

HOA

No

Price History

02/14/2025
CentralPanhandle

CentralPanhandle #766973

Price change
$264,000
-1.86%
01/09/2025
CentralPanhandle

CentralPanhandle #766973

Listed
$269,000
-7.21%
11/07/2024
CentralPanhandle

CentralPanhandle #757223

Removed
$289,900

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

$111,474
Asking price
$264,000
Closing costs (~8% of asking)
-$21,120
Est. remaining loan balance
-$131,406
Cash to seller
$111,474

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

Seller’s Loan History

Lender

Hometown Equity Mortgage

Loan start date

October 2020

Original loan amount

$145,319

Est. remaining balance

$131,406

Interest rate

2.96%

Loan type

FHA, 30 year

Seller

Jesus Adam Castorena Iii

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: 02/23/2025 at 6:45 AM

Listing updated: 02/14/2025 at 10:09 AM

Listed by: The Jarrett Group, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #766973

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