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$539,000

Beds
3
Baths
2.5
sq ft
2,169

428 Wahoo Rd, Panama City, FL 32408

428 Wahoo Rd

Panama City, FL 32408

  • 186 days on market
This amazing home has a VA assumable mortgage with a 2.875 % interest rate. Seller will allow someone that is VA mortgage eligible to assume this incredible interest rate. Imagine owning a home where your average power bill is less than $30 a month! This stunning Bay Point residence features an updated kitchen with quartz countertops, a new roof, solar panels, and energy-efficient windows. Luxury vinyl plank flooring adds a touch of elegance throughout. The spacious living and dining areas are perfect for family gatherings, and a bonus room offers additional space for a playroom or second living area. Enjoy Florida living at its best with a screened-in pool, a beautiful lanai, and a large backyard, ideal for children and pets. Nestled in a quiet cul-de-sac within a gated, secured community. Two of the amenities in Bay Point are a Jack Nicklaus designed golf course and a full service marina. Plus, it's conveniently close to the beach, shopping, and the Navy base. Don't miss this opportunity to make this energy-efficient oasis your forever home!

Details

Property type

Single Family Residence

Est. home value

$487,154

Lot size

7,841 sq ft

Price per sq ft

$249

Year built

1986

Annual property taxes

$3,862

Monthly HOA fee

$137.5

Price History

05/24/2024
CentralPanhandle

CentralPanhandle #757684

Listed
$539,000
+23.91%
01/14/2022
CentralPanhandle

CentralPanhandle #718234

Sold
$435,000
+64.15%
03/15/2018
CentralPanhandle

CentralPanhandle #666236

Sold
$265,000

Schools & Community

Neighborhood: 

Upper Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Gated, Golf

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

$91,945
Asking price
$539,000
Closing costs (~8% of asking)
-$43,120
Est. remaining loan balance
-$403,935
Cash to seller
$91,945

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

Seller’s Loan History

Lender

Tyndall Fcu

Loan start date

January 2022

Original loan amount

$430,500

Est. remaining balance

$403,935

Interest rate

3.1%

Loan type

VA, 30 year

Seller

David Dean Smith and Amy Bernice Smith

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: 12/23/2024 at 4:20 AM

Listing updated: 12/19/2024 at 7:09 PM

Listed by: Brad Romack, Emerald Coast Realty Group Phone #: (850) 235-2551

MLS: CentralPanhandle #757684

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