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$299,900

Beds
3
Baths
2.5
sq ft
1,432

166 White Cap Way, Panama City Beach, FL 32407

166 White Cap Way

Panama City Beach, FL 32407

  • 68 days on market
    • Price drop $18,100↓
Great primary residence or investment! Short term rentals are permitted! Your new home is a 2 story, 3 bedroom, 2.5-bathroom attached unit (right side of a duplex) with a laundry room and large pantry. The master bedroom is on the first level. This home is located in Palm Cove, a gated subdivision, ideally located two blocks from the beach and one block from Ship Wreck Island Waterpark. To add to the fun, Palm Cove has two community pools and a playground. You will love this open concept home. The kitchen includes matching Frigidaire stainless steel appliances. Enjoy the outdoors from your screened in patio.

Details

Property type

Est. home value

$304,133

Lot size

Unknown

Price per sq ft

$210

Year built

2005

Monthly HOA fee

$155

Price History

09/20/2024
CentralPanhandle

CentralPanhandle #762367

Price change
$299,900
-5.69%
08/21/2024
CentralPanhandle

CentralPanhandle #762367

Listed
$318,000
+5.04%
09/29/2023
CentralPanhandle

CentralPanhandle #745068

Sold
$302,750
+153.35%

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Playground

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

$51,370
Asking price
$299,900
Closing costs (~8% of asking)
-$23,992
Est. remaining loan balance
-$224,538
Cash to seller
$51,370

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

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

September 2023

Original loan amount

$227,063

Est. remaining balance

$224,538

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

Mark Collis and Kristin Collis

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: 11/14/2024 at 11:15 AM

Listing updated: 09/20/2024 at 10:59 AM

Listed by: Olivier Monod, Anchor Realty Florida Phone #: (850) 899-7999

MLS: CentralPanhandle #762367

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