tomo logo

$305,000

Beds
3
Baths
2.0
sq ft
1,254

2518 Stanford Rd, Panama City, FL 32405

2518 Stanford Rd

Panama City, FL 32405

  • 48 days on market
    • Price drop $5,000↓
PRICE IMPROVEMENT!!! Welcome to 2518 Stanford Rd. This home is located in the heart of Panama City and all that it has to offer for the business men/women to a family wanting all things close by like shopping at all the cute boutiques to the groceries at Publix and the new Aldi that will be opening soon, and the business district of 23rd St. All the local restaurants are within minutes and you will also find the most beautiful white sandy beaches that Florida has to offer. (PCB)This home awaits for it's new owner while it boost a very functional and open floor plan. You come into the living room that is quaint and has a cozy bay window for all of your reading or relaxing days to come. From there will be the kitchen which offers a remolded look with soft close cabinets and plenty of storage. The kitchen is also equipped with stainless steel appliances and plenty of counter space for all of the meal preps and a breakfast bar as well for more sitting area if needed. This home has a working wood burning fire place for those chilly nights to come which is located in the extra large dinning room area that has plenty of space for a couple of recliner chairs to cozy up to the fire place and still plenty of room for the dinning table. Down the hallway are the three bedrooms, one of which is the primary bedroom that has its own bathroom. All the bedrooms have carpet, while the rest of the house has either LVP or tile floors in the wet areas. Both bathrooms have been redone with tiled floors, new vanities and large medicine cabinets. The home has gotten a freshly painted look with some of the most beautiful blue hues just in time for it's new owner to enjoy. Outside you will see the extra large deck that has been freshly painted and the porch is covered for your entertainment needs. The back yard is fenced and a shed does convey with the property. MAKE THIS YOUR NEXT HOME FOR MANY YEARS TO COME OR THE PERFECT INVESTMENT PROPERTY!

Details

Property type

Single Family Residence

Est. home value

$271,460

Lot size

9,583 sq ft

Price per sq ft

$244

Year built

1965

Annual property taxes

$2,897

HOA

No

Price History

10/23/2024
CentralPanhandle

CentralPanhandle #762954

Price change
$305,000
-1.61%
09/20/2024
CentralPanhandle

CentralPanhandle #762954

Listed
$310,000
+19.23%
10/31/2022
CentralPanhandle

CentralPanhandle #729193

Sold
$260,000
+37.28%

Schools & Community

Elementary school: 

Northside

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

$21,490
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$259,110
Cash to seller
$21,490

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

October 2022

Original loan amount

$265,980

Est. remaining balance

$259,110

Interest rate

5.89%

Loan type

VA, 30 year

Seller

Alexander Ramsay Carroll

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: 11/08/2024 at 2:00 PM

Listing updated: 10/23/2024 at 12:50 AM

Listed by: Mari Monroe-Garcia, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #762954

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