tomo logo

$235,000

Beds
3
Baths
2.5
sq ft
1,471

509 Palermo Rd, Panama City, FL 32405

509 Palermo Rd

Panama City, FL 32405

  • <1 day on market
GREAT PRICE ADJUSTMENT AND EXCELLENT OPORTUNITY to own a 3-bedroom townhome with an extra space for an office or 4th bedroom. It is right in the middle of everything! Not quite Lynn Haven or the town! Venetian Villa townhomes are only two minutes away from Publix, Walmart, Winn-Dixie and many great restaurants. New roof installed in 2020; A/C units were changed in 2023; Tile floors and fans were replaced in 2022. This end unit has large living room that leads directly into the huge air-controlled patio or den that could be use as another bedroom or EXTRA OFFICE ROOM. Private fence in backyard to complete the perfect starter home package! Kitchen has dark oak cabinets and large walk-in pantry. All three bedrooms are upstairs.

Details

Property type

Townhouse

Est. home value

$235,238

Lot size

Unknown

Price per sq ft

$160

Year built

1983

Annual property taxes

$1,952

HOA

No

Price History

01/22/2025
CentralPanhandle

CentralPanhandle #767574

Listed
$235,000
+4.44%
09/15/2024
CentralPanhandle

CentralPanhandle #753765

Removed
$225,000
05/29/2024
CentralPanhandle

CentralPanhandle #753765

Price change
$225,000
-4.26%

Schools & Community

Elementary school: 

Northside

Middle school: 

Mowat

High school: 

Mosley

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

$79,051
Asking price
$235,000
Closing costs (~8% of asking)
-$18,800
Est. remaining loan balance
-$137,149
Cash to seller
$79,051

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

Seller’s Loan History

Lender

Arvest Bank

Loan start date

April 2021

Original loan amount

$149,400

Est. remaining balance

$137,149

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Samuel Hernandez Perez and Melida Perez

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?

Status: Active

Tomo last checked: 01/22/2025 at 6:05 PM

Listing updated: 01/22/2025 at 3:09 PM

Listed by: Ana M Aldana, Miriam Hurtado Real Estate Group Phone #: (619) 886-1636

MLS: CentralPanhandle #767574

CentralPanhandle logo

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