tomo logo

$270,000

Beds
3
Baths
1.0
sq ft
1,434

318 S Palo Alto Ave, Panama City, FL 32401

318 S Palo Alto Ave

Panama City, FL 32401

  • <1 day on market
Welcome home to this delightful 3-bedroom, 1-bath gem nestled in the highly desirable Cove neighborhood! Full of character and modern conveniences, this home offers a warm and inviting atmosphere with thoughtful updates throughout.Step inside to find a beautifully remodeled kitchen featuring brand-new appliances, perfect for preparing meals and gathering with loved ones. A cozy fireplace in the living area adds to the home's charm, while built-ins in the dining area provide extra storage and a touch of classic elegance. Need extra space? The converted garage area is fully functional with a mini-split system and serves as a laundry area with plenty of room for additional use. Plus, there's an extra flex room--ideal for a great room, home office, or game room to suit your lifestyle.Covered front porch, fenced-in backyard, block yard building for added storage or workshop potential. The wiring in home has been completely updated, giving you peace of mind for years to come.This home is a perfect blend of charm and modern comfort--don't miss your chance to make it yours! Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$273,545

Lot size

7,405 sq ft

Price per sq ft

$189

Year built

1948

HOA

No

Price History

03/16/2025
CentralPanhandle

CentralPanhandle #770444

Listed
$270,000
+9.31%
02/24/2022
CentralPanhandle

CentralPanhandle #722912

Sold
$247,000
+41.14%
11/29/2021
CentralPanhandle

CentralPanhandle #720212

Sold
$175,000

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

$66,873
Asking price
$270,000
Closing costs (~8% of asking)
-$21,600
Est. remaining loan balance
-$181,527
Cash to seller
$66,873

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

February 2022

Original loan amount

$193,600

Est. remaining balance

$181,527

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Kelli Bowling and Richard Bowling

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?

Status: Active

Tomo last checked: 03/16/2025 at 7:25 PM

Listing updated: 03/16/2025 at 12:49 PM

Listed by: Hollie and Eren, Counts Real Estate Group Phone #: (850) 248-3615

MLS: CentralPanhandle #770444

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