tomo logo

$280,000

Beds
2
Baths
1.5
sq ft
992

2525 Cypress St Unit F, Panama City, FL 32408

2525 Cypress St Unit F

Panama City Beach, FL 32408

  • 28 days on market
    • Price drop $10,000↓
Welcome to THE BLUE PEARL. This absolutely PRECIOUS turn-key townhome is ready to be your dream home at the World's Most Beautiful Beaches OR a VACATION RENTAL ready to bring in $! New flooring on the lower level and fresh paint are just a few of the special features on this END UNIT with a LARGE fenced-in yard, storage container (painted to match home), 2019 roof, Pella windows and more! RUN, don't walk. Furnishings negotiable. BUYER TO VERIFY ALL INFORMATION DEEMED IMPORTANT

Details

Property type

Townhouse

Est. home value

$312,439

Lot size

Unknown

Price per sq ft

$283

Year built

1983

Annual property taxes

$2,849

HOA

No

Price History

08/29/2024
CentralPanhandle

CentralPanhandle #761609

Price change
$280,000
-3.45%
08/23/2024
CentralPanhandle

CentralPanhandle #761609

Listed
$290,000
+9.43%
07/21/2022
CentralPanhandle

CentralPanhandle #727816

Sold
$265,000
+26.19%

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

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

$19,860
Asking price
$280,000
Closing costs (~8% of asking)
-$22,400
Est. remaining loan balance
-$237,740
Cash to seller
$19,860

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

Seller’s Loan History

Lender

Vanderbilt Mortgage & Finance Inc

Loan start date

July 2022

Original loan amount

$245,370

Est. remaining balance

$237,740

Interest rate

5.09%

Loan type

FHA, 30 year

Seller

Joshua Allen Pearl and Chelsea Haley Pearl

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: 09/18/2024 at 10:00 PM

Listing updated: 08/30/2024 at 1:30 AM

Listed by: Katy Pinson, Beach Babes Realty LLC Phone #: (980) 395-0632

MLS: CentralPanhandle #761609

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