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$448,000

Beds
3
Baths
2.0
sq ft
1,448

187 Treasure Palm Dr, Panama City, FL 32408

187 Treasure Palm Dr

Panama City Beach, FL 32408

  • Pending
    • Price drop $10,000↓
CURRENTLY UNDER CONTRACT ACCEPTING BACK UP CONTRACTS!!! Beautiful, well maintained, home fully updated and completely remodeled in 2022. (including kitchen appliances, light fixtures and, roof) This 3 bedroom 2 bathroom open concept home has custom wood exterior as well as interior exposed beams in the living area as well as Gas fireplace. Gourmet Kitchen space, Vented, professional gas stove, double gas oven, butcher block Island, plenty of kitchen storage, with wood cabinets and pantry. Split floor plan , Master bedroom has walk in shower, separate water closet restroom, as well as walk in clothes closet, Located on the opposite side of the home are two large bedrooms offering plenty of space for family members or guests. Outside of the home discover your maintenance free outdoor retreat. Artificial grass, gravel, and cement walk ways, no mowing! The outdoor firepit and screened-in patio provide the perfect setting for outdoor entertaining, enjoying the Florida sunshine, and nighttime. There is a yard well for the landscaped trees, or future fountain. There is ample parking for 5 vehicles in the front and a large double gate leading to gravel drive for trailer or R.V. Treasure Palms is an established, community with no HOA fees and only a few minutes to the Navy Base, top-rated schools restaurants, and shopping. Take advantage of the walking path to Patronis Elementary School, or take a golfcart ride to the Gulf for a day at the beach. There is a transferrable home warranty in place. Septic cleaned and certified in 2022. All three flat screen Televisions are included. Golf cart available for purchase separately

Details

Property type

Single Family Residence

Est. home value

$400,229

Lot size

0.25 acres

Price per sq ft

$310

Year built

1995

Annual property taxes

$3,324

HOA

No

Price History

08/13/2024
CentralPanhandle

CentralPanhandle #758741

Pending
$448,000
07/23/2024
CentralPanhandle

CentralPanhandle #758741

Price change
$448,000
+0.67%
07/22/2024
CentralPanhandle

CentralPanhandle #758741

Removed
$445,000

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

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

$289,188
Asking price
$448,000
Closing costs (~8% of asking)
-$35,840
Est. remaining loan balance
-$122,972
Cash to seller
$289,188

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

Seller’s Loan History

Lender

Stockton Mortgage Corp

Loan start date

February 2022

Original loan amount

$129,900

Est. remaining balance

$122,972

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Stephanie Ann Sikes and Sherman Tyler Sikes

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: Pending/Under Contract

Tomo last checked: 10/04/2024 at 10:40 PM

Listing updated: 09/30/2024 at 9:39 AM

Listed by: David Sellick, World Impact Real Estate Phone #: (850) 225-7000

MLS: CentralPanhandle #758741

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