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$579,900

Beds
4
Baths
2.5
sq ft
2,704

328 S Palo Alto Ave, Panama City, FL 32401

328 S Palo Alto Ave

Panama City, FL 32401

  • <1 day on market
This beautifully updated home offers 4 bedrooms, 2.5 baths, an in ground pool, and a thoughtfully designed semi-open floor plan with split bedrooms. The upstairs bedroom features a private balcony overlooking the backyard oasis. Inside, you'll find two spacious living areas plus a versatile flex space--perfect for a home office or schoolroom. The kitchen is a showstopper, boasting soft-close cabinetry, quartz countertops, stainless steel appliances, a breakfast bar, and a pantry. Vinyl plank and tile flooring flow throughout--no carpet!The primary suite is a retreat of its own, featuring a generous layout, an elegant en-suite with striking black tile floors, a walk-in tiled shower, a luxurious clawfoot tub, a dual-sink vanity, and an oversized walk-in closet with convenient washer/dryer hookups.Step outside to a backyard built for entertaining! Enjoy a large fenced yard with alley access, a spacious patio ideal for gatherings, and an in-ground pool with Trex decking. Thoughtful landscaping and a charming covered front porch complete the picture.Recent updates include: Roof, 2 HVAC systems, 2 water heaters (including a tankless), newer siding, windows, flooring, fixtures, kitchen, bathrooms, spray foam insulation, updated electrical and plumbing, a sprinkler system, and more!This is not your average Cove home--schedule a private tour today!

Details

Property type

Single Family Residence

Est. home value

$516,355

Lot size

0.24 acres

Price per sq ft

$215

Year built

1947

Annual property taxes

$5,386

HOA

No

Price History

01/30/2025
CentralPanhandle

CentralPanhandle #767986

Listed
$579,900
+14.83%
02/15/2023
CentralPanhandle

CentralPanhandle #729765

Sold
$505,000
+230.07%
09/17/2021
CentralPanhandle

CentralPanhandle #713473

Sold
$153,000
+9.29%

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

$63,980
Asking price
$579,900
Closing costs (~8% of asking)
-$46,392
Est. remaining loan balance
-$469,528
Cash to seller
$63,980

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

February 2023

Original loan amount

$480,290

Est. remaining balance

$469,528

Interest rate

6.42%

Loan type

FHA, 30 year

Seller

Michelle R Watson

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: 01/31/2025 at 2:00 AM

Listing updated: 01/30/2025 at 10:50 PM

Listed by: Stephanie Ingram, Counts Real Estate Group Inc Phone #: (850) 249-1414

MLS: CentralPanhandle #767986

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