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$287,000

Beds
3
Baths
3.0
sq ft
1,870

2016 Twin Oaks Dr, Panama City, FL 32408

2016 Twin Oaks Dr

Panama City, FL 32408

  • 119 days on market
    • Price drop $7,000↓
Wonderfully maintained fully furnished 3Bd/3Ba home on 0.25 acre lot located in a quiet neighborhood North Lagoon Oaks. Home features major renovation in 2001, accompanied by a 1000+ sqft addition, creating a spacious 1870 sqft interior. Recent updates include the kitchen, master bedroom, main bathroom and new metal roof. The kitchen is equipped with SS appliances and open to the dining area. Being on Short-term rent program this home generated $54k in 2022 and about $40k in 2023. Long-term rent potential estimated $38,400 per year. A spacious 60+ft driveway at the front of the property and an additional 40ft driveway at the rear provides plenty of parking space. Additional features: RV parking with 50-amp electrical service and its own septic system, large pool with surrounding deck, laundry room with washer and dryer. Perfectly located only minutes away from the white sandy beaches of the Gulf of Mexico, the Navy base, St Andrews State Park, College, Pier Park, shopping, restaurants, and entertainment. Perfect as a primary residence, vacation home or as investment property! Flood zone X which means flood insurance is not required.

Details

Property type

Manufactured Home

Est. home value

$172,164

Lot size

0.25 acres

Price per sq ft

$154

Year built

1981

Annual property taxes

$1,543

HOA

No

Price History

09/10/2024
CentralPanhandle

CentralPanhandle #758216

Price change
$287,000
-2.38%
09/03/2024
CentralPanhandle

CentralPanhandle #758216

Price change
$294,000
-1.67%
08/14/2024
CentralPanhandle

CentralPanhandle #758216

Price change
$299,000
+4.18%

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Boca General & Family Medicine Defined B

Loan start date

November 2021

Original loan amount

$135,000

Est. remaining balance

Not provided

Interest rate

2.86%

Loan type

Balloon, 2 year

Seller

Condo Style Llc

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: 10/04/2024 at 10:50 PM

Listing updated: 09/26/2024 at 11:09 PM

Listed by: Maxim Sedov, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #758216

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