tomo logo

$309,900

Beds
2
Baths
2.5
sq ft
1,236

2704 W 12th St Unit A, Panama City, FL 32401

2704 W 12th St Unit A

Panama City, FL 32401

  • 175 days on market
    • Price drop $100↓
RENTAL MACHINE! Fantastic investment property for short term rentals or a primary residence! Situated in the heart of Historic St. Andrews, this 2 BR|2.5 BA townhouse is located about 100 steps from the Little Village/FINNS and a short walk to the Bay for sunset! The home features an expansive living space downstairs with convenient powder room, updated vinyl plank flooring upstairs, a fenced yard with gazebo and covered patio. The kitchen conveys all NEW STAINLESS APPLIANCES PACKAGE! The kitchen overlooks the dining and living room with ample cabinet space for storage and pantry. Upstairs are the two primary bedrooms with the master bedroom overlooking the backyard. Spacious 2nd bedroom with hallway full bath. Roof replaced in 2018, HVAC replaced in 2018, city water/sewer. Take a stroll for sunset just minutes away, utilize the public boat ramp, and enjoy all of the quaint restaurants and shops within a short walk from home! Property is currently a vacation rental and would make a great investment or primary residence. *Furnishings package available.

Details

Property type

Townhouse

Lot size

Unknown

Price per sq ft

$251

Year built

2004

HOA

No

Price History

09/09/2024
CentralPanhandle

CentralPanhandle #754775

Price change
$309,900
-0.03%
03/25/2024
CentralPanhandle

CentralPanhandle #754775

Listed
$310,000
+3.68%
03/07/2024
CentralPanhandle

CentralPanhandle #751057

Removed
$299,000

Schools & Community

Elementary school: 

Lucille Moore

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

$122,508
Asking price
$309,900
Closing costs (~8% of asking)
-$24,792
Est. remaining loan balance
-$162,600
Cash to seller
$122,508

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

January 2018

Original loan amount

$187,500

Est. remaining balance

$162,600

Interest rate

3.95%

Loan type

New Conventional, 30 year

Seller

Samvel P Korniyenko and Erin M Korniyenko

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: 09/16/2024 at 5:40 PM

Listing updated: 09/09/2024 at 11:29 AM

Listed by: Natalie A Ryan, CENTURY 21 Ryan Realty Inc Phone #: (850) 233-7926

MLS: CentralPanhandle #754775

CentralPanhandle logo

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