tomo logo

$284,500

Beds
3
Baths
2.0
sq ft
1,920

2303 Cocoa Ave, Panama City, FL 32405

2303 Cocoa Ave

Panama City, FL 32405

  • 1 day on market
* 1.8 acres of land - Lot size 78,408

Details

Property type

Single Family Residence

Est. home value

$419,082

Lot size

1.81 acres

Price per sq ft

$149

Year built

2019

Annual property taxes

$2,726

HOA

No

Price History

04/01/2025
CentralPanhandle

CentralPanhandle #771270

Listed
$284,500
-5.14%
07/15/2024
CentralPanhandle

CentralPanhandle #755926

Removed
$299,900
05/22/2024
CentralPanhandle

CentralPanhandle #755926

Price change
$299,900
-7.72%

Schools & Community

Elementary school: 

Cedar Grove

Middle school: 

Mowat

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

$77,093
Asking price
$284,500
Closing costs (~8% of asking)
-$22,760
Est. remaining loan balance
-$184,647
Cash to seller
$77,093

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

Seller’s Loan History

Lender

Hometown Lenders Inc

Loan start date

May 2021

Original loan amount

$201,010

Est. remaining balance

$184,647

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Lee Mitchell Wheeler and Judy Lynn Wheeler

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: Active

Tomo last checked: 04/02/2025 at 10:30 PM

Listing updated: 04/02/2025 at 12:40 PM

Listed by: Stephen Hachey, Lowest Fee Realty LLC Phone #: (813) 642-6030

MLS: CentralPanhandle #771270

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