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$591,032Estimated home value

Beds
4
Baths
4.0
sq ft
2,659

2218 Cochran Ave, Panama City, FL 32408

2218 Cochran Ave

Panama City, FL 32408

  • Sold On 8/9/2024
Motivated Seller! Moving for job and says bring ALL offers! Nicely remodeled 2,659 sq.ft. townhome in Bear Point. This 4-bedroom, 4-bathroom home is a boater's DREAM! Just a short boat ride to Shell Island and downtown historic St. Andrews. Home comes with private boat slip AND boat lift! The home itself has been remodeled, featuring new flooring downstairs, new kitchen countertops, appliances, tiled backsplash, cabinets, wine fridge, and a HUGE pantry with a ''morning kitchen''. The main living room has a fireplace and custom TV cabinet. The downstairs bathroom has been remodeled featuring a tiled, walk-in shower, new vanity and counter tops, and fixtures. The home has mostly new fixtures throughout. There is a bedroom and bathroom on the first floor of the home, and the additional 3 bedrooms and 3 bathrooms are upstairs. The home is perfect and ready for its newest owner! High ceilings throughout the home. Close to all the attractions and dining the East end has to offer, but quietly tucked away for peacefulness and quietness. The back porch is the perfect spot to sit and relax after a long day. All measurements are approx., and should be verified by buyer.

Details

Property type

Est. home value

$591,032

Lot size

Unknown

Price per sq ft

$282

Year built

2006

Annual property taxes

$4,814

Monthly HOA fee

$566.67

Price History

08/08/2024
CentralPanhandle

CentralPanhandle #760535

Sold
$680,000
-9.21%
07/27/2024
CentralPanhandle

CentralPanhandle #760535

Pending
$749,000
07/26/2024
CentralPanhandle

CentralPanhandle #760535

Listed
$749,000
+20.81%

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Fishing

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

$283,863
Asking price
$749,000
Closing costs (~8% of asking)
-$59,920
Est. remaining loan balance
-$405,217
Cash to seller
$283,863

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

July 2023

Original loan amount

$410,000

Est. remaining balance

$405,217

Interest rate

6.71%

Loan type

New Conventional, 30 year

Seller

Terrance Turner

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?

Status: Off Market

Tomo last checked: 09/07/2024 at 8:45 PM

Listing updated: 08/09/2024 at 6:45 AM

Listed by: Matthew T Jones MBA, Coastal Heritage Real Estate LLC Phone #: (850) 249-0521

MLS: CentralPanhandle #760535

CentralPanhandle logo

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