tomo logo

$334,900

Beds
4
Baths
2.0
sq ft
1,403

1904 Cherry St, Panama City, FL 32401

1904 Cherry St

Panama City, FL 32401

  • 2 days on market
Charming 4-Bedroom, 2-Bath Home in The Cove! This beautifully updated home features a desirable split-bedroom floor plan, fresh paint, and solid wood flooring that enhances the bright and airy interior. The kitchen is both stylish and functional, featuring soft-close cabinets, butcher block countertops, and stainless steel appliances. Both bathrooms have been thoughtfully updated with sleek vanities, modern fixtures, and a well-planned layout. Step outside to enjoy the privacy-fenced backyard, complete with a brand-new wood deck--perfect for relaxing or entertaining. Nestled in the heart of The Cove, this home offers a true sense of community with access to top-rated schools, local parks, and waterfront activities on St. Andrews Bay. Plus, you're just a short golf cart ride from downtown Panama City's vibrant shopping, dining, and entertainment scene. Don't miss this move-in-ready 4-bedroom, 2-bath gem in one of the city's most sought-after neighborhoods!

Details

Property type

Single Family Residence

Est. home value

$173,258

Lot size

0.26 acres

Price per sq ft

$239

Year built

1952

Annual property taxes

$1,792

HOA

No

Price History

03/22/2025
CentralPanhandle

CentralPanhandle #770792

Listed
$334,900
+274.19%
05/28/2021
CentralPanhandle

CentralPanhandle #711530

Sold
$89,500
+62.73%
03/17/2021
CentralPanhandle

CentralPanhandle #709593

Sold
$55,000

Schools & Community

Elementary school: 

Cherry Street

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

$280,900
Asking price
$334,900
Closing costs (~8% of asking)
-$26,792
Est. remaining loan balance
-$27,208
Cash to seller
$280,900

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

Seller’s Loan History

Lender

Abn Amro Mtg Group Inc

Loan start date

January 2002

Original loan amount

$64,000

Est. remaining balance

$27,208

Interest rate

6.75%

Loan type

Not Provided, 30 year

Seller

Peter Hobbs

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: Active

Tomo last checked: 03/26/2025 at 10:35 AM

Listing updated: 03/23/2025 at 11:20 AM

Listed by: Carole Lea Gilman, Keller Williams Realty Emerald Phone #: (850) 654-2900

MLS: CentralPanhandle #770792

CentralPanhandle logo