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$620,000

Beds
4
Baths
3.0
sq ft
1,945

3903 Ural St, Panama City, FL 32408

3903 Ural St

Panama City Beach, FL 32408

  • Pending
'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Live the dream and let your investment work for you! This awesome 4 BR / 2 BA home on the east end of South Grand Lagoon is perfect for families, investors, or those who want a little bit of both. The single-level split floor plan comfortably sleeps 11, offering plenty of room to spread out. But wait, there's more! The detached studio is a fabulous ADU (Accessory Dwelling Unit) that's already a high-performing Airbnb, raking in cash while sleeping 4 happy guests.Short Term Numbers- $71,636.90 gross total through July Plus-$7,200 bookings for August as of August 16, 2024.Everything's ready to go--all you need to bring is your suitcase! Both the main house and the ADU are fully furnished and were updated in 2021 with fresh interior and exterior paint, shiny new appliances, chic fixtures, and a studio makeover that's as cool as it is cozy, complete with a new A/C. And here's the cherry on top: the solar panels installed in 2022 are fully paid off, so you can enjoy lower electric bills from day one!Whether you're looking for a primary home, a vacation spot, or an income-producing gem, this place has it all. Don't miss out--come see for yourself and start living the good life!

Details

Property type

Single Family Residence

Est. home value

$589,887

Lot size

6,098 sq ft

Price per sq ft

$319

Year built

2003

Annual property taxes

$4,418

HOA

No

Price History

09/14/2024
CentralPanhandle

CentralPanhandle #761457

Pending
$620,000
08/23/2024
CentralPanhandle

CentralPanhandle #761457

Listed
$620,000
08/19/2024
CentralPanhandle

CentralPanhandle #761457

Pending
$620,000

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

$111,622
Asking price
$620,000
Closing costs (~8% of asking)
-$49,600
Est. remaining loan balance
-$458,778
Cash to seller
$111,622

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

Seller’s Loan History

Lender

New American Funding

Loan start date

June 2023

Original loan amount

$465,050

Est. remaining balance

$458,778

Interest rate

6.35%

Loan type

VA, 30 year

Seller

Dustin Hatfield and Elle Hatfield

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: Pending/Under Contract

Tomo last checked: 09/19/2024 at 9:00 PM

Listing updated: 09/14/2024 at 1:19 PM

Listed by: Melissa A Haworth, EXP Realty LLC Phone #: (888) 883-8509

MLS: CentralPanhandle #761457

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