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$226,008Estimated home value

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

  • Sold On 10/2/2020
Charming block home that is perfect for the first time home buyer or investor. The new roof was installed 2019. The kitchen boasts granite countertops, stainless steel appliances, along with upgraded cabinetry for the bottom cabinets. The concrete building in the backyard is a clean slate and ready for you to design/convert to extra living space, a grand craft room, or an office/man cave. The backyard is fenced and has fruit trees for your enjoyment. Historic St. Andrews is less than a mile away.

Details

Property type

Single Family Residence

Est. home value

$226,008

Lot size

7,442 sq ft

Price per sq ft

$139

Year built

1960

Annual property taxes

$164

HOA

No

Price History

11/07/2024
CentralPanhandle

CentralPanhandle #757223

Removed
$289,900
05/16/2024
CentralPanhandle

CentralPanhandle #757223

Listed
$289,900
+95.88%
10/02/2020
CentralPanhandle

CentralPanhandle #699986

Sold
$148,000
+15.63%

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

$7,582
Asking price
$152,000
Closing costs (~8% of asking)
-$12,160
Est. remaining loan balance
-$132,258
Cash to seller
$7,582

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

$132,258

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?

Status: Off Market

Tomo last checked: 11/08/2024 at 7:05 AM

Listing updated: 09/21/2024 at 11:30 PM

Listed by: Tina Lamonica, Think Real Estate Phone #: (850) 270-4200

MLS: CentralPanhandle #699986

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