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$270,000

Beds
3
Baths
2.0
sq ft
1,393

4117 Cherry Ln, Panama City, FL 32404

4117 Cherry Ln

Panama City, FL 32404

  • 65 days on market
    • Price drop $5,000↓
This is a must see home!!!!! Home has been completely remodeled and updated! Beautiful all brick with a metal roof installed in 2019. New air conditioner unit, Newly remodeled kitchen and both bathrooms with soft close drawers. Family Room and a huge yard with enclosed patio. Close to Tyndall Air Force Base, close to all Panama City's shopping, and close to the Worlds most beautiful beaches! All information deemed accurate but is not guaranteed and should be independently verified by buyer.

Details

Property type

Single Family Residence

Est. home value

$188,090

Lot size

0.26 acres

Price per sq ft

$194

Year built

1965

HOA

No

Price History

01/03/2025
CentralPanhandle

CentralPanhandle #765173

Price change
$270,000
-1.82%
12/04/2024
CentralPanhandle

CentralPanhandle #765173

Price change
$275,000
-1.79%
11/12/2024
CentralPanhandle

CentralPanhandle #765173

Listed
$280,000

Schools & Community

Elementary school: 

Parker

Middle school: 

Rutherford Middle

High school: 

Rutherford

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

$154,873
Asking price
$270,000
Closing costs (~8% of asking)
-$21,600
Est. remaining loan balance
-$93,527
Cash to seller
$154,873

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

January 2016

Original loan amount

$114,911

Est. remaining balance

$93,527

Interest rate

3.95%

Loan type

FHA, 30 year

Seller

Darrell W Farris Jr

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: 01/22/2025 at 3:50 PM

Listing updated: 01/16/2025 at 12:09 PM

Listed by: Mandie A Kadel, CENTURY 21 Commander Realty Phone #: (850) 769-8326

MLS: CentralPanhandle #765173

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