tomo logo

$170,000

Beds
1
Baths
1.0
sq ft
900

5160 Stewart Dr, Panama City, FL 32404

5160 Stewart Dr

Panama City, FL 32404

  • 6 days on market
Welcome to 5160 Stewart Drive, a unique opportunity nestled on a spacious lot in the heart of Panama City, Florida. This property features a cozy 1-bedroom home, offering a fantastic foundation for someone looking to make it their own or create a multi-generational living space. The existing home is perfect as a mother-in-law suite, rental property, or personal retreat. With a little imagination, this quaint home could also serve as the ideal guest house while you build your dream home on the expansive lot. The property previously featured a larger main residence in front, so utilities and infrastructure are already in place, giving you even more potential for development. Whether you're looking to invest in a property with future growth opportunities or seeking a peaceful spot to live while you build, 5160 Stewart Drive offers endless possibilities. Don't miss the chance to make this property your own--schedule a showing today!Bonus: Appliances convey with the property, including a brand new refrigerator and a new washer/dryer set, making this an even more convenient and move-in-ready option!

Details

Property type

Single Family Residence

Est. home value

$151,618

Lot size

0.69 acres

Price per sq ft

$189

Year built

2012

Annual property taxes

$1,427

HOA

No

Price History

01/15/2025
CentralPanhandle

CentralPanhandle #767306

Listed
$170,000
+36%
03/15/2022
CentralPanhandle

CentralPanhandle #721726

Sold
$125,000

Schools & Community

Elementary school: 

Tommy Smith

Middle school: 

Merritt Brown

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

$72,249
Asking price
$170,000
Closing costs (~8% of asking)
-$13,600
Est. remaining loan balance
-$84,151
Cash to seller
$72,249

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

March 2022

Original loan amount

$93,750

Est. remaining balance

$84,151

Interest rate

3.55%

Loan type

New Conventional, 20 year

Seller

Justin Nipper and Marie Nipper

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: 01/22/2025 at 6:10 PM

Listing updated: 01/15/2025 at 11:10 PM

Listed by: Stephanie Aldea, Gulf Life Real Estate Inc Phone #: (850) 699-1996

MLS: CentralPanhandle #767306

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