tomo logo

$325,000

Beds
4
Baths
2.0
sq ft
1,590

4623 E 3rd St, Panama City, FL 32404

4623 E 3rd St

Panama City, FL 32404

  • 136 days on market
Nestled on a sprawling 1/2 acre lot, this fully renovated 4-bedroom, 2-bathroom home offers a serene escape from the hustle and bustle of city life. Step inside to discover a meticulously updated interior featuring original hardwood floors, abundant natural light, and updated recessed lighting throughout.The heart of the home is the kitchen, boasting Quartz countertops, stainless steel appliances, and ample storage space, overlooking the living room. The master bedroom features and ensuite bathroom and walk-in closet that you enter through sliding wood farm doors. The bathroom is upgraded with a floor-to-ceiling tiled shower. The property offers a view of Lake Martin and the real highlight is the vast outdoor space, perfect for outdoor gatherings, gardening, or simply unwinding.Updates in 2022 include a new roof, windows, electrical system, HVAC kitchen and bathrooms, ensuring both comfort and peace of mind for years to come.With the added benefit of an assumable VA loan option for qualified buyers, seize the opportunity to make this peaceful retreat your own. Experience the joy of spacious living in a tranquil setting.

Details

Property type

Single Family Residence

Est. home value

$227,368

Property condition

Updated/Remodeled

Lot size

0.47 acres

Price per sq ft

$205

Year built

1951

Annual property taxes

$3,345

HOA

No

Price History

05/06/2024
CentralPanhandle

CentralPanhandle #756701

Listed
$325,000
+14.64%
06/10/2022
CentralPanhandle

CentralPanhandle #724503

Sold
$283,500
+233.53%
11/30/2021
CentralPanhandle

CentralPanhandle #709972

Sold
$85,000

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

$18,728
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$280,272
Cash to seller
$18,728

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

June 2022

Original loan amount

$290,020

Est. remaining balance

$280,272

Interest rate

5.11%

Loan type

VA, 30 year

Seller

Sarah Louise Martin and Cody Jason Martin

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: 09/19/2024 at 6:15 PM

Listing updated: 05/15/2024 at 5:26 PM

Listed by: The Beninateam, Beachy Beach Real Estate Phone #: (850) 532-6262

MLS: CentralPanhandle #756701

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