tomo logo

$309,900

Beds
4
Baths
2.0
sq ft
2,193

505 Old Hickory St, Panama City, FL 32404

505 Old Hickory St

Panama City, FL 32404

  • 93 days on market
    • Price drop $20,000↓
OPEN HOUSE SUNDAY FEB * (1-3)Discover the charm of this beautifully renovated 4-bedroom, 2-bathroom white brick home, perfectly situated in a serene neighborhood with picturesque oak trees and a water view of the creek. With no HOA and no flood insurance required by lenders, this home offers a rare combination of tranquillity and convenience. This home is also located about 7.4 miles to Tyndall AFB, 13 Miles to Panama city Beach and only 25 Miles to the international air Port.Inside, you'll find luxury vinyl plank flooring throughout, complementing the fresh and modern design. The inviting living room features a wood-burning fireplace, perfect for cozy evenings. The eat-in dining area connects seamlessly to the U-shaped kitchen, which boasts granite countertops, stainless steel appliances, and plenty of cabinetry for all your storage needs.The spacious master suite offers a private retreat with a double vanity and a shower/tub combo in the attached bathroom. Two additional bedrooms, including a flexible family room, provide endless possibilities as a den, office, or guest space.Step outside to the spacious backyard, complete with a patio and a shed, ideal for outdoor living and storage. Enjoy peaceful views of the creek from your yard while relishing the privacy of a neighborhood free from HOA restrictions.This home is nestled in a community rich with character and natural beauty, offering the perfect escape while remaining conveniently located. Schedule your showing today and fall in love with this exceptional property!

Details

Property type

Single Family Residence

Est. home value

$306,451

Lot size

0.26 acres

Price per sq ft

$142

Year built

1976

Annual property taxes

$2,045

HOA

No

Price History

02/07/2025
CentralPanhandle

CentralPanhandle #765340

Price change
$309,900
-6.06%
01/14/2025
CentralPanhandle

CentralPanhandle #765340

Price change
$329,900
-1.52%
11/21/2024
CentralPanhandle

CentralPanhandle #765340

Listed
$335,000
+8.06%

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

$26,970
Asking price
$309,900
Closing costs (~8% of asking)
-$24,792
Est. remaining loan balance
-$258,138
Cash to seller
$26,970

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

Seller’s Loan History

Lender

Trustmark National Bank

Loan start date

May 2023

Original loan amount

$263,500

Est. remaining balance

$258,138

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Kathleen A Mcknight and Lana S Mcknight

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: 02/23/2025 at 1:00 AM

Listing updated: 02/09/2025 at 11:50 AM

Listed by: Vianah Seamon, Coldwell Banker Carroll Realty Phone #: (850) 231-2154

MLS: CentralPanhandle #765340

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