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$589,000

Beds
4
Baths
2.0
sq ft
1,176

21724 Sunset Ave, Panama City Beach, FL 32413

21724 Sunset Ave

Panama City Beach, FL 32413

  • 164 days on market
    • Price drop $26,000↓
Precious and unique to have a cottage in this location with 4 bedrooms but add the spacious back yard, the large lot, an elevated sun deck, a separate covered patio sun room, fully furnished with a garage and this is your perfect home. Truly fantastic use of space inside this beachy bungalow and a super short walk to the beach. Great location not only because of the proximity to our world renowned, soft sandy beaches but you can also easily get to all the conveniences, entertainment, shopping and more on 30A and Panama City Beaches because it is nestled perfectly between both. Other bonuses are no HOA fees and short term rental friendly. Mostly used as a personal home but is now rental ready for vacation rental investors.

Details

Property type

Single Family Residence

Est. home value

$488,480

Lot size

5,227 sq ft

Price per sq ft

$501

Year built

1992

Price History

11/22/2024
EmeraldCoast

EmeraldCoast #954463

Price change
$589,000
-4.23%
09/20/2024
EmeraldCoast

EmeraldCoast #954463

Price change
$615,000
-1.6%
07/12/2024
EmeraldCoast

EmeraldCoast #954463

Listed
$625,000
+30.21%

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

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

$233,438
Asking price
$589,000
Closing costs (~8% of asking)
-$47,120
Est. remaining loan balance
-$308,442
Cash to seller
$233,438

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

Seller’s Loan History

Lender

Loanleaders Of America Inc

Loan start date

October 2023

Original loan amount

$312,000

Est. remaining balance

$308,442

Interest rate

7.23%

Loan type

New Conventional, 30 year

Seller

Craig Nelson Terry

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: 12/23/2024 at 11:45 AM

Listing updated: 12/10/2024 at 3:26 AM

Listed by: Rene Endres, Rene Endres, Rene Endres, Berkshire Hathaway HomeServices Phone #: (850) 502-5995

MLS: EmeraldCoast #954463

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