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$425,000

Beds
2
Baths
2.0
sq ft
1,030

3809 Mystic St, Panama City, FL 32408

3809 Mystic St

Panama City, FL 32408

  • 36 days on market
This charming 2-bedroom, 2-bathroom beach cottage has been recently renovated and is just a short walk from Panama City's pristine beaches, boat ramps, and a variety of restaurants and entertainment options. Featuring luxury vinyl flooring throughout and a fenced backyard, this home is truly move-in ready. With no HOA fees and short-term rentals permitted, it's an excellent investment opportunity or ideal for those seeking a peaceful winter retreat. The area offers outdoor activities such as boating, fishing, and beachcombing, while also being conveniently located near local shops and attractions. Don't miss the chance to own a piece of coastal paradise!

Details

Property type

Single Family Residence

Est. home value

$385,156

Lot size

4,800 sq ft

Price per sq ft

$413

Year built

1993

Annual property taxes

$2,342

HOA

No

Price History

09/28/2024
CentralPanhandle

CentralPanhandle #763378

Listed
$425,000
+12.07%
04/24/2023
CentralPanhandle

CentralPanhandle #735212

Sold
$379,240
+178.85%
03/17/2016
CentralPanhandle

CentralPanhandle #639914

Sold
$136,000

Schools & Community

Neighborhood: 

Lower 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

$73,908
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$317,092
Cash to seller
$73,908

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

April 2023

Original loan amount

$322,354

Est. remaining balance

$317,092

Interest rate

6.73%

Loan type

New Conventional, 30 year

Seller

Alexander D Wynn

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: 11/08/2024 at 1:50 PM

Listing updated: 11/06/2024 at 11:10 AM

Listed by: Coastal Vibes Luxury Beach Group, Salty Marlin Realty LLC Phone #: (850) 615-2406

MLS: CentralPanhandle #763378

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