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$440,000

Beds
3
Baths
2.0
sq ft
1,670

270 N Wells St, Panama City Beach, FL 32413

270 N Wells St

Panama City Beach, FL 32413

  • 212 days on market
    • Price drop $20,000↓
SHORT SALE. Introducing a stunning Craftsman-style house located in a gated community on the west end of Panama City Beach. This exceptional location offers a convenient and central position between Pier Park and 30A area. Enjoy the abundance of shopping, dining and entertainment options at Pier Park, while also being able to explore the beautiful beaches and charming coastal communities of 30A.This 3 bedroom, 2 bath home with 2 car garage features a spacious Calabria floor plan with 9 to 10-foot ceilings, which not only creates a bright and airy atmosphere but also allows plenty of natural light to illuminate every room. The generous ceiling height enhances the sense of space, making each room feel open and inviting. The elegant crown molding adds a touch of sophistication to the already charming interior. Bullnose corners add a unique architectural detail to it, enhancing the charm and appeal of the space.One of the standout features of this house is its stunning wood look porcelain tile flooring. Designed to mimic the natural beauty of hardwood, the wood look porcelain tiles offer the perfect combination of elegance and durability. Not only do they add warmth and character to the space, but they are also highly resistant to scratches, stains, and moisture, making them an ideal choice for high-traffic areas like the living room, kitchen, and hallway. In addition, it's worth mentioning that the house comes with a fenced backyard that provides a secure and private outdoor area, and also perfect for various activities such as gardening, entertaining or simply enjoying some fresh air. With lots of space, there are endless possibilities for creating a personalized outdoor oasis, whether it be setting up a play area for children, hosting barbecues and gatherings, or even constructing a garden retreat.Furthermore, this property allows short-term rentals, providing you with the flexibility to generate income through vacation rentals if desired. With low HOA fees, you can enjoy the benefits of community amenities without breaking the bank. Don't miss the opportunity to own this beautiful home in a sought-after location!

Details

Property type

Single Family Residence

Est. home value

$536,619

Lot size

5,445 sq ft

Price per sq ft

$264

Year built

2022

Monthly HOA fee

$133.27

Price History

12/13/2024
CentralPanhandle

CentralPanhandle #757650

Price change
$440,000
-4.35%
09/18/2024
CentralPanhandle

CentralPanhandle #757650

Price change
$460,000
+15%
08/30/2024
CentralPanhandle

CentralPanhandle #757650

Price change
$400,000
-14.97%

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Gated, Sidewalks

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

-$26,917
Asking price
$440,000
Closing costs (~8% of asking)
-$35,200
Est. remaining loan balance
-$431,717
Cash to seller
-$26,917

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

Seller’s Loan History

Lender

Vystar Cu

Loan start date

May 2022

Original loan amount

$449,798

Est. remaining balance

$431,717

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Leonard Frank Anderson Iii and Susan Elizabeth Anderson

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 9:55 AM

Listing updated: 12/14/2024 at 1:39 PM

Listed by: Frank Trenholm, Coldwell Banker Realty Phone #: (850) 234-6696

MLS: CentralPanhandle #757650

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