tomo logo

$249,000

Beds
3
Baths
2.0
sq ft
1,242

2418 E 16th Ct, Panama City, FL 32405

2418 E 16th Ct

Panama City, FL 32405

  • 53 days on market
    • Price drop $3,900↓
Welcome home to this charming three-bedroom, two-bath home, perfect for easy living with plenty of room to make it your own! Step inside to discover updated appliances and real wood flooring throughout, creating a cozy & charming feel. The home offers a bright living room filled with natural light and an inviting ambiance, perfect for relaxing or entertaining. A versatile & large bonus room provides extra space for a home office, playroom, additional bedroom or cozy retreat. Down the hall, you'll find a spacious bathroom with a tub-shower combo and updated vanity, two comfortable bedrooms, and the master suite, which features its own private ensuite with a tiled walk-in shower and another updated vanity. The large lot is ideal for anyone dreaming of a pool, additional storage, or a future detached garage. A carport conveniently connects to the home, making entry easy and sheltered from the elements. Added solar panels make this home energy-efficient and With recent updates, including a newer roof, AC, water heater, and brand-new solar panels, this home is designed to keep maintenance to a minimum. Ask your realtor about the existing survey and elevation certificate, saving you over $1,000 in closing costs!

Details

Property type

Single Family Residence

Est. home value

$242,917

Lot size

0.32 acres

Price per sq ft

$201

Year built

1966

Annual property taxes

$2,188

HOA

No

Price History

12/10/2024
CentralPanhandle

CentralPanhandle #764443

Price change
$249,000
-1.54%
12/03/2024
CentralPanhandle

CentralPanhandle #764443

Price change
$252,900
-2.69%
10/28/2024
CentralPanhandle

CentralPanhandle #764443

Listed
$259,900
+45.2%

Schools & Community

Neighborhood: 

Cedar Grove

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

$72,450
Asking price
$249,000
Closing costs (~8% of asking)
-$19,920
Est. remaining loan balance
-$156,630
Cash to seller
$72,450

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

November 2020

Original loan amount

$171,957

Est. remaining balance

$156,630

Interest rate

2.87%

Loan type

FHA, 30 year

Seller

Sherri Plaster and Perry A Halstead

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: 12/22/2024 at 11:25 PM

Listing updated: 12/10/2024 at 3:10 PM

Listed by: Angela M Foust, Performance Realty Phone #: (850) 547-9400

MLS: CentralPanhandle #764443

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