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$485,000

Beds
4
Baths
2.5
sq ft
1,869

216 Summerwood Dr, Panama City Beach, FL 32413

216 Summerwood Dr

Panama City Beach, FL 32413

  • 19 days on market
Summerwood is your gateway to the vibrant heart of Panama City Beach, where you're just a short stroll away from the sun-kissed shores of Public Beach access 52. Immerse yourself in the lively atmosphere of Pier and Frank Brown Parks, where you can savor delicious meals, shop for unique finds, and enjoy a variety of events, all within a mile of your doorstep. This sturdy ranch home boasts a frame construction on slab, hard-coat stucco exterior, and a metal roof (2019), ensuring resilience and peace of mind in the face of Florida's unpredictable weather. With newer windows (2023), newer garage door (2023), and a host of updated systems including HVAC (2023) and solar panels (2022), this home is a testament to modern comfort and efficiency. The spacious primary bedroom offers a tranquil retreat, where you can enjoy serene views of the pool patio and backyard from the comfort of your own oasis. The en-suite bathroom is a sanctuary, featuring a private water closet, double vanity, and a luxurious tub/shower combination, perfect for unwinding after a day of beach adventures. At the front of the home, a sizeable guest bedroom awaits, complete with a walk-in closet, providing ample space for your visitors to relax and rejuvenate. Two additional secondary bedrooms offer lifestyle flexibility, whether you need a home office, a hobby room, or a cozy space for the kids to play and grow. The heart of the home is the common living area, where the kitchen, living, and dining rooms flow seamlessly under a vaulted ceiling, creating an inviting space for family gatherings and entertaining. The eat-in kitchen is a bright and cheerful space, featuring tile flooring and a breakfast bar/banquet counter, perfect for enjoying your morning coffee or hosting impromptu dinner parties. Step outside into your own private paradise, where a fenced backyard awaits, adorned with a Florida landscaping motif that complements the home's coastal charm. The true centerpiece of the backyard is the in-ground, heated, salt-water pool, where you can take a refreshing dip, soak up the sun, or host unforgettable pool parties with family and friends. Don't miss your chance to own this exceptional Panama City Beach home.Ask your agent about a possible seller-to-buyer allowance at closing.

Details

Property type

Single Family Residence

Est. home value

$530,356

Lot size

6,795 sq ft

Price per sq ft

$260

Year built

2000

Annual property taxes

$4,147

Monthly HOA fee

$58.33

Price History

06/20/2024
CentralPanhandle

CentralPanhandle #758886

Listed
$485,000
+85.11%
08/28/2015
CentralPanhandle

CentralPanhandle #630976

Sold
$262,000

Schools & Community

Elementary school: 

Hutchison Beach

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Sidewalks

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

$274,800
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$171,400
Cash to seller
$274,800

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

Seller’s Loan History

Lender

Regions Mortgage

Loan start date

August 2015

Original loan amount

$209,500

Est. remaining balance

$171,400

Interest rate

4.04%

Loan type

New Conventional, 30 year

Seller

John B Anderson and Cathy R Anderson

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: 07/10/2024 at 11:50 AM

Listing updated: 07/10/2024 at 11:23 AM

Listed by: Mark Oberg, Berkshire Hathaway HomeServices Beach Properties of Florida Phone #: (850) 252-4160

MLS: CentralPanhandle #758886

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