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$1,700,000

Beds
1
Baths
2.5
sq ft
1,162

397 Beachside Dr, Panama City Beach, FL 32413

397 Beachside Dr

Panama City Beach, FL 32413

  • 898 days on market
Charming house on one of the best ''one-back'' lots in Carillon Beach -directly across the street from Walkover #7 and the Lake Carillon (heated) pool. This house was designed to be added onto - it is currently one bedroom, a tower, 2-1/2 baths, kitchen-living-dining open area and great porches. House has an unobstructed view of the Gulf of Mexico but at some point will have a house across the street that will partially obstruct the view. Do not miss this great value and opportunity for under $2M.

Details

Property type

Single Family Residence

Est. home value

$1,391,434

Lot size

9,100 sq ft

Price per sq ft

$1,463

Year built

1999

Monthly HOA fee

$472.22

Price History

04/05/2022
CentralPanhandle

CentralPanhandle #724684

Listed
$1,700,000
+157.58%
05/25/2018
CentralPanhandle

CentralPanhandle #642975

Sold
$660,000

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Gated, Fishing, Playground, Park, Pool, Tennis Court(s)

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

$1,237,916
Asking price
$1,700,000
Closing costs (~8% of asking)
-$136,000
Est. remaining loan balance
-$326,084
Cash to seller
$1,237,916

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

Seller’s Loan History

Lender

5 Star Community Cu

Loan start date

May 2018

Original loan amount

$500,000

Est. remaining balance

$326,084

Interest rate

3.87%

Loan type

New Conventional, 15 year

Seller

Terry C Ho and Karen R Ho

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: 09/20/2024 at 8:45 AM

Listing updated: 04/29/2024 at 9:28 PM

Listed by: Frances W Bright, Carillon Realty Inc Phone #: (850) 234-5600

MLS: CentralPanhandle #724684

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