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$615,000

Beds
4
Baths
2.0
sq ft
1,954

261 N Wells St, Panama City Beach, FL 32413

261 N Wells St

Panama City Beach, FL 32413

  • 117 days on market
    • Price drop $5,000↓
Discover the charm of Laguna Haven, a hidden gem in a gated community on the West End of Panama City Beach. This 4-bedroom, 2-bath home is an exceptional property, boasting proven rental history, beautiful decor, and quality furnishings. The open floor plan features wood-look porcelain tile, high ceilings, and crown molding.The kitchen is equipped with Samsung stainless steel appliances, quartz countertops, a spacious pantry, and soft-close Shaker cabinets. The master suite includes tray ceilings, double sinks, and a custom-tiled walk-in shower.Additional highlights include a landscaped backyard with a built-in sprinkler system and an attached 2-car garage. This home is being offered fully furnished and 100% turnkey with an acceptable offer, making it an excellent opportunity for short-term rentals. Located less than a mile from the beach, it's ready for you to move in or start generating income immediately.

Details

Property type

Single Family Residence

Est. home value

$524,560

Lot size

5,663 sq ft

Price per sq ft

$315

Year built

2023

Annual property taxes

$1,081

Monthly HOA fee

$133.27

Price History

10/03/2024
CentralPanhandle

CentralPanhandle #761870

Price change
$615,000
-0.81%
09/10/2024
CentralPanhandle

CentralPanhandle #761870

Price change
$620,000
-0.8%
08/27/2024
CentralPanhandle

CentralPanhandle #761870

Listed
$625,000
+19.05%

Schools & Community

Elementary school: 

West Bay

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

$248,077
Asking price
$615,000
Closing costs (~8% of asking)
-$49,200
Est. remaining loan balance
-$317,723
Cash to seller
$248,077

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

September 2023

Original loan amount

$322,000

Est. remaining balance

$317,723

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Ashley Tolton

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: 12/23/2024 at 3:55 AM

Listing updated: 10/03/2024 at 9:19 AM

Listed by: Christi R Duncan, Beachy Beach Real Estate Phone #: (850) 233-4351

MLS: CentralPanhandle #761870

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