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$1,590,000

Beds
3
Baths
2.5
sq ft
2,489

1612 Lost Cove Ln, Panama City Beach, FL 32413

1612 Lost Cove Ln

Panama City Beach, FL 32413

  • 36 days on market
Custom built in 2020, this mint-condition Wild Heron home sits on an oversized tree-lined lot backing onto beautiful golf views. A sweeping pavered driveway leads to a two-car garage with attic storage and a grand covered entrance through a beautiful mahogany front door. A pond across the street is a haven for wildlife and ensures an evergreen open view. Indoors, an abundance of natural light showcase the European white oak floors flowing throughout the exceptionally open floor plan, including a designated dining area and a bright sitting area with space for entertaining. Soaring 18-foot nickel gab ceilings and a series of clerestory windows deliver abundant natural light throughout the home. Elsewhere, lofty 10-foot ceilings include tongue-and-groove detail in the master suite.

Details

Property type

Single Family Residence

Est. home value

$1,097,045

Lot size

0.42 acres

Price per sq ft

$639

Year built

2020

Monthly HOA fee

$216.67

Price History

09/30/2024
EmeraldCoast

EmeraldCoast #960155

Listed
$1,590,000
+2020%
12/04/2018
CentralPanhandle

CentralPanhandle #665802

Sold
$75,000
-14.29%
02/13/2015
CentralPanhandle

CentralPanhandle #621340

Sold
$87,500

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Gated, Pool, Tennis Court(s)

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

$1,085,432
Asking price
$1,590,000
Closing costs (~8% of asking)
-$127,200
Est. remaining loan balance
-$377,368
Cash to seller
$1,085,432

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

Seller’s Loan History

Lender

Peoples National Bank

Loan start date

January 2021

Original loan amount

$412,500

Est. remaining balance

$377,368

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

George Alan Chenoweth and Galyn Chenoweth

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: 11/05/2024 at 7:25 AM

Listing updated: 10/04/2024 at 4:59 PM

Listed by: Dana Ford, Dana Ford, Dana Ford, Dana Ford, Dana L Ford, Dana L Ford Ledman, Dana L Ford Ledman, Dana L Ford Ledman, Dana L Ford Ledman, Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: EmeraldCoast #960155

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