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$335,000

Beds
3
Baths
2.0
sq ft
1,720

315 N Palo Alto Ave, Panama City, FL 32401

315 N Palo Alto Ave

Panama City, FL 32401

  • 48 days on market
    • Price drop $4,900↓
*OPEN HOUSE & PRICE DROP* Open House Saturday 3/29 from 11:00 - 1:00. If you're familiar with The Cove, you know it's more than just a neighborhood; it's a close-knit community where neighbors become friends. Finding the right home is wonderful, but finding the right home in The Cove is truly a dream come true.315 N. Palo Alto offers exactly that. This incredible property combines the charm of an older home with the modern benefits and upgrades of a new home. With an effective year built of 2015 and a complete remodel less than 5 years ago, this 3 bedroom/2 bath home is a must-see. The kitchen is particularly stunning, and the entire home boasts a long list of updates. To schedule your private showing or receive a complete list of updates, please call us today.

Details

Property type

Single Family Residence

Est. home value

$344,575

Lot size

0.26 acres

Price per sq ft

$195

Year built

1945

HOA

No

Price History

03/28/2025
CentralPanhandle

CentralPanhandle #768662

Price change
$335,000
-1.44%
02/28/2025
CentralPanhandle

CentralPanhandle #768662

Price change
$339,900
-5.56%
02/11/2025
CentralPanhandle

CentralPanhandle #768662

Listed
$359,900
+38.96%

Schools & Community

Elementary school: 

Cherry Street

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

$85,568
Asking price
$335,000
Closing costs (~8% of asking)
-$26,800
Est. remaining loan balance
-$222,632
Cash to seller
$85,568

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

Seller’s Loan History

Lender

University Lending Group Llc

Loan start date

January 2021

Original loan amount

$246,050

Est. remaining balance

$222,632

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Lesia Ann Johnson

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: 03/31/2025 at 8:50 PM

Listing updated: 03/28/2025 at 4:50 PM

Listed by: Nathan Lawrence, Legacy Premier Agency Phone #: (850) 468-2100

MLS: CentralPanhandle #768662

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