tomo logo

$120,000

Beds
2
Baths
1.5
sq ft
972

5154 Marla Dr, Panama City, FL 32404

5154 Marla Dr

Panama City, FL 32404

  • 108 days on market
Welcome to 5154 Marla Drive, a delightful single-family townhome situated in the vibrant heart of Parker, FL. This property represents an exciting opportunity for both investors and homebuyers looking for a project with significant rental potential. Set in a desirable neighborhood, the home boasts recent upgrades and offers a solid foundation for further personalization.As you step into this residence, you'll immediately notice the modern touches that have been recently added. The kitchen has been enhanced with brand-new lower cabinets and a new stove, providing a fresh and functional space for meal preparation. Both bathrooms have also received stylish updates, featuring new vanities that elevate the overall look and feel of these essential spaces. These improvements set the stage for a home that is both comfortable and contemporary.The property includes 2 bedrooms and 1.5 bathrooms, offering a spacious layout that is ideal for various living arrangements. With a total square footage of 975, the home provides ample space for both relaxation and entertainment. Although it is being sold as-is, the current pricing reflects the need for some repairs to the rear wall, presenting a unique chance for buyers to invest in a property with great potential at a competitive price.Located conveniently in Parker, the home is close to essential amenities such as schools, shopping centers, dining options, and entertainment venues. Easy access to major roads and highways further enhances the appeal of this location, making it a practical choice for both commuting and leisure activities.For investors seeking a rental property with recent upgrades and room for additional improvements, 5154 Marla Drive offers a solid investment opportunity. The home's recent enhancements, combined with the potential for further personal touches, create a compelling package for those looking to maximize value.

Details

Property type

Est. home value

$127,548

Lot size

2,134 sq ft

Price per sq ft

$124

Year built

1985

Annual property taxes

$1,196

HOA

No

Price History

08/02/2024
CentralPanhandle

CentralPanhandle #760953

Listed
$120,000
+20%
05/22/2022
CentralPanhandle

CentralPanhandle #726971

Sold
$100,000

Schools & Community

Elementary school: 

Parker

Middle school: 

Rutherford Middle

High school: 

Rutherford

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Innovations Fcu

Loan start date

May 2022

Original loan amount

$80,000

Est. remaining balance

Not provided

Interest rate

3.83%

Loan type

Future Advance Clause / Open End Mortgage, 15 year

Seller

Apollos Watchtower Llc

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: 11/22/2024 at 11:15 PM

Listing updated: 09/26/2024 at 11:10 PM

Listed by: Sostheim Group, Corcoran Reverie Phone #: (850) 231-5030

MLS: CentralPanhandle #760953

CentralPanhandle logo

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