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$508,000

Beds
5
Baths
3.0
sq ft
2,787

201 Cascade St, Panama City, FL 32405

201 Cascade St

Panama City, FL 32405

  • 51 days on market
    • Price drop $12,000↓
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.

Details

Property type

Single Family Residence

Est. home value

$409,981

Lot size

0.41 acres

Price per sq ft

$183

Year built

1984

Annual property taxes

$5,077.53

HOA

No

Price History

10/10/2024
CentralPanhandle

CentralPanhandle #762812

Price change
$508,000
-2.31%
09/18/2024
CentralPanhandle

CentralPanhandle #762812

Listed
$520,000
+29.68%
07/08/2022
CentralPanhandle

CentralPanhandle #727109

Sold
$401,000
+31.91%

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

$118,762
Asking price
$508,000
Closing costs (~8% of asking)
-$40,640
Est. remaining loan balance
-$348,598
Cash to seller
$118,762

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: 11/08/2024 at 9:40 AM

Listing updated: 11/01/2024 at 12:39 PM

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

MLS: CentralPanhandle #762812

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