tomo logo

$608,000

Beds
3
Baths
2.5
sq ft
2,590

3920 Deerpoint Lake Dr, Panama City, FL 32409

3920 Deerpoint Lake Dr

Southport, FL 32409

  • 31 days on market
    • Price drop $2,000↓
Lakefront Haven with Unmatched Views:Step into a world where tranquil water vistas blend seamlessly with great comfort. This nicely maintained two-story lakefront retreat invites you to unwind and revel in its serene beauty. Thoughtfully designed with charming dormer windows, this home balances relaxation with practicality, offering a host of recent updates to ensure lasting peace of mind.Seller Will Pay: $10,000 in Seller Concessions at Closing for Any Updates the Buyer DesiresA Home Built for Comfort and Efficiency:Sustainability meets convenience with energy-efficient updates, including solar panels paired with Tesla batteries (2021), a newly installed upstairs AC unit (2024), a downstairs unit (2020), and a water heater upgraded in 2022. The durable roof, added in 2016, stands strong to protect your investment for years to come.Inside, warm wood laminate flooring stretches throughout the main level, while plush carpet (updated in 2019) lends a cozy touch upstairs. Newly installed ceiling fans in every room provide year-round comfort, ensuring a welcoming atmosphere in every corner.Windows that Bring the Outdoors InThe sunroom features hurricane impact-resistant windows, perfectly framing the stunning lakefront views, while brand-new upstairs windows flood the home with natural light and provide added safety and insulation.Spacious Living Made Easy:Storage is no concern, with built-in shelving both upstairs and down, offering plenty of room to keep everything organized. A new set of garage doors leads to a generously sized driveway, complete with a convenient roundabout for effortless parking and space to welcome guests.An Outdoor Paradise:Step onto the expansive wooden deck, ideal for weekend barbecues or quiet evenings by the lake. The property's beautifully landscaped grounds, thoughtfully designed to enhance the natural surroundings, provide the perfect backdrop for every season.This lakefront gem is more than a house; it's a retreat, ready to welcome you home.Contact your favorite agent for showing details.

Details

Property type

Single Family Residence

Est. home value

$467,069

Lot size

1.03 acres

Price per sq ft

$235

Year built

1987

HOA

No

Price History

12/21/2024
CentralPanhandle

CentralPanhandle #765307

Price change
$608,000
-0.33%
11/19/2024
CentralPanhandle

CentralPanhandle #765307

Listed
$610,000
+136.89%
11/25/2015
CentralPanhandle

CentralPanhandle #635574

Sold
$257,500

Schools & Community

Elementary school: 

Southport

Middle school: 

Deane Bozeman

High school: 

Deane Bozeman

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

$271,669
Asking price
$608,000
Closing costs (~8% of asking)
-$48,640
Est. remaining loan balance
-$287,691
Cash to seller
$271,669

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

May 2021

Original loan amount

$311,600

Est. remaining balance

$287,691

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

William Michael Covington and Robyn Leigh Covington

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?

Similar Homes Nearby

Price drop
CentralPanhandle
$589,000
3 bd
|
3 ba
|
2,268 sq ft
|
House

632 Mount Holyoke St, Lynn Haven, FL 32444

Price drop
CentralPanhandle
$595,000
3 bd
|
2.5 ba
|
2,138 sq ft
|
House

7416 Highway 2302, Panama City, FL 32409

CentralPanhandle
$663,000
3 bd
|
3 ba
|
2,263 sq ft
|
House

4403 Bluewater Dr, Panama City, FL 32404

Status: Active

Tomo last checked: 12/22/2024 at 9:15 AM

Listing updated: 12/21/2024 at 10:00 AM

Listed by: Jean E McDougall, Emerald Coast Realty Group Phone #: (850) 235-2551

MLS: CentralPanhandle #765307

CentralPanhandle logo

Recently listed in Southport

$125,000|3 bd|2.0 ba|Manufactured
$339,000|3 bd|2.0 ba|Manufactured
$169,900|3 bd|2.0 ba|Manufactured
$420,000|4 bd|3.0 ba|House
$599,000|4 bd|2.0 ba|House
$402,900|4 bd|2.0 ba|House
$389,900|4 bd|2.0 ba|House