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$429,000

Beds
3
Baths
2.0
sq ft
1,642

246 Hamilton Ave, Panama City, FL 32401

246 Hamilton Ave

Panama City, FL 32401

  • <1 day on market
This beautifully renovated ranch-style home in the historic Bunkers Cove neighborhood offers a lifestyle of comfort, convenience, and charm.Under a new roof, this brick-built single-story cottage harmonizes timeless appeal with modern convenience. A brick-paved path welcomes you to the front porch and through double front doors into a home filled with character. Original hardwood floors and a gas brick fireplace set the tone in the cozy living room, dining area, and bedrooms.The oversized chef's kitchen is a showstopper, featuring new LG appliances, a stunning brick accent wall, and a honeycomb tile backsplash. Each bedroom offers custom closets for ample, organized storage, while fresh paint throughout the interior and exterior enhances the home's appeal.The nearly quarter-acre lot is fully fenced for privacy, creating a safe haven for pets and children. Outdoor living shines with a spacious covered living area, a paver patio, and lush new sod complemented by an updated irrigation system.Parking and storage are effortless, featuring driveways at both the front and rear with ample space for boat or RV parking, along with a pull-through oversize carport.Situated in a golf-cart-friendly community established in 1907, this home is conveniently close to Tyndall Air Force Base and downtown Panama City. Boaters will appreciate the proximity to St. Andrew's Yacht Club and the serene waters of St. Andrew Bay.

Details

Property type

Single Family Residence

Est. home value

$348,252

Lot size

0.24 acres

Price per sq ft

$262

Year built

1943

Annual property taxes

$3,723

HOA

No

Price History

12/26/2024
CentralPanhandle

CentralPanhandle #766528

Listed
$429,000
+53.21%
12/23/2021
CentralPanhandle

CentralPanhandle #720294

Sold
$280,000

Schools & Community

Elementary school: 

Cherry Street

Middle school: 

Jinks

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

$145,612
Asking price
$429,000
Closing costs (~8% of asking)
-$34,320
Est. remaining loan balance
-$249,068
Cash to seller
$145,612

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

Seller’s Loan History

Lender

Community Bank Of Mississippi

Loan start date

December 2021

Original loan amount

$266,000

Est. remaining balance

$249,068

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Benjamin D Moorman

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: 12/27/2024 at 9:35 AM

Listing updated: 12/26/2024 at 12:40 PM

Listed by: Taylor Moorman, Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: CentralPanhandle #766528

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