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$663,003Estimated home value

Beds
4
Baths
2.5
sq ft
2,359

3511 Cottage Cove Ln, Panama City, FL 32408

3511 Cottage Cove Ln

Panama City Beach, FL 32408

  • Sold On 2/23/2022
'CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. This NEW CONSTRUCTION home in Sanctuary Beach gated community IS about 1/4mi from a beach access. A few home features: WHITE OAK WOOD FLOORS THOUGH OUT, laundry & bath ceramic & porcelain tile, custom hidden walk in kitchen pantry, ZLINE COMMERICAL GRADE 6 BURNER STOVE, GE appl, shiplap & cedar back splash, tankless H20 heater, custom rod iron stair rails, upgraded lighting, huge custom master closet & spacious BR closets, completely custom must see 1/2 bath, 10ft & vaulted ceiling on 1st fl with 8ft doors, custom 9ft barn reclaim shutters door in master, hardy pine front & back porch ceilings, ALL int. & ext, walls are insulated with blown in ceilings, 8ft garage door, & a community pool.

Details

Property type

Single Family Residence

Est. home value

$663,003

Lot size

3,600 sq ft

Price per sq ft

$297

Year built

2022

Annual property taxes

$460

Monthly HOA fee

$57

Price History

11/05/2024
CentralPanhandle

CentralPanhandle #753233

Removed
$679,000
10/31/2024
CentralPanhandle

CentralPanhandle #753233

Price change
$679,000
-2.99%
08/01/2024
CentralPanhandle

CentralPanhandle #753233

Listed
$699,900

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

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

$171,566
Asking price
$700,000
Closing costs (~8% of asking)
-$56,000
Est. remaining loan balance
-$472,434
Cash to seller
$171,566

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

Seller’s Loan History

Lender

Christensen Financial Inc

Loan start date

February 2022

Original loan amount

$500,000

Est. remaining balance

$472,434

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Dwayne Lamont Jones

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: Off Market

Tomo last checked: 11/05/2024 at 4:20 PM

Listing updated: 09/23/2024 at 11:20 PM

Listed by: Kristin Curole, Beachy Beach Real Estate Phone #: (850) 233-4351

MLS: CentralPanhandle #720027

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