tomo logo

$499,750

Beds
5
Baths
3.0
sq ft
2,787

201 Cascade St, Panama City, FL 32405

201 Cascade St

Panama City, FL 32405

  • 65 days on market
    • Price drop $8,250↓
Nestled on an expansive .41-acre corner lot with no HOA, this impeccably updated residence epitomizes comfort and convenience in a highly desirable location. Upon entering, you are greeted by a grand foyer featuring luxury vinyl plank flooring, refreshed painting, bull nose corners, smooth ceilings, and a custom-designed master staircase. A unique niche beneath the stair offers a perfect resort space for your favorite K-9 or an adventurous play space for your young ones. All of the these features set a consistently exceptional feel throughout.The heart of the home, the expansive kitchen, is an entertainer's paradise. Outfitted with elegant granite countertops, abundant cabinetry, stainless steel appliances, a central island, stone backsplash, and breakfast bar seating, it seamlessly flows into the main living area. Here, you can envision gatherings with loved ones around the fireplace, enjoying movie nights and the big game. Or picture hosting elegant dinners in the formal dining room complete with an additional wood-burning fireplace and a charming bay window. The residence boasts a fantastic indoor/outdoor lifestyle with fantastic skylights for beautiful natural lighting and easy access to the fully fenced outdoor living space which features a large covered porch, huge deck and outdoor grilling spaces, established yard, in ground peach trees and blueberry bushes, a custom grapevine arbor, strawberry planter and blackberry vertical orchard, a custom hose reel system, and an outdoor fire pit / sitting area. There's also ample space for RV or boat storage and the potential to add a private pool. Surrounding bay myrtle hedges and a fenced in the backyard provide a considerable level of privacy, peace and quiet. This backyard oasis is well cared for and easy to maintain. The main floor also includes an upgraded walk-in laundry room with butcher block countertops, built-in cabinetry, and a copper sink. Additionally, there is a versatile flex space ideal for a home office, playroom, yoga or workout studio and more. Two guest bedrooms can be found on this level and are served by a beautifully upgraded full bathroom with an extended vanity, walk-in shower, and access to a spacious two-car garage with Rust-Oleum garage floor coating system yielding an excellent space for a workshop or expansive workout area.Upstairs, two generously sized guest bedrooms share an updated full bathroom, complete with an extended vanity, skylight, tile flooring, and a beautiful herringbone tiled tub/shower combination. The spacious primary bedroom is a luxurious retreat, with direct access to a fully renovated ensuite bathroom and spacious walk-in closet with custom built in closet system complete with built in shelves, drawings, organizers and exquisite jewelry displays. This spa-like sanctuary features tile flooring, double vanities with vessel sinks, skylight, an LED mirror, a walk-in floor-to-ceiling tiled shower with dual rainwater shower head, and additional space for a makeup counter or sitting area.Conveniently located in Forest Park, this home offers seamless access to the new Publix and town center at SweetBay, the Forest Park office center, and a variety of dining and shopping options along 23rd Street. Additionally, downtown Panama City's vibrant restaurants, coffee houses, and boutiques are just a short drive away. Discover the perfect blend of luxury and practicalityschedule your viewing today! **Virtual Rendering of Pool, estimate available upon request!**

Details

Property type

Single Family Residence

Est. home value

$409,981

Lot size

0.41 acres

Price per sq ft

$180

Year built

1984

Annual property taxes

$5,077.53

HOA

No

Price History

11/12/2024
CentralPanhandle

CentralPanhandle #762812

Price change
$499,750
-1.62%
11/12/2024
CentralPanhandle

CentralPanhandle #762812

Removed
$508,000
10/10/2024
CentralPanhandle

CentralPanhandle #762812

Price change
$508,000
-2.31%

Schools & Community

Elementary school: 

Northside

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

$111,172
Asking price
$499,750
Closing costs (~8% of asking)
-$39,980
Est. remaining loan balance
-$348,598
Cash to seller
$111,172

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

Seller’s Loan History

Lender

Christensen Financial Inc

Loan start date

July 2022

Original loan amount

$360,900

Est. remaining balance

$348,598

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Derek A Kelly and Katherine G Kelly

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: 11/22/2024 at 11:30 PM

Listing updated: 11/17/2024 at 12:29 PM

Listed by: Abbie E Davis, Corcoran Reverie Phone #: (850) 231-5030

MLS: CentralPanhandle #762812

CentralPanhandle logo

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