tomo logo

$235,000

Beds
3
Baths
2.0
sq ft
1,339

523 S Bonita Ave, Panama City, FL 32401

523 S Bonita Ave

Panama City, FL 32401

  • 165 days on market
    • Price drop $24,500↓
Cozy Cove charmer in the heart of the one of Panama City's most established and historic neighborhoods. This 3 bedroom 2 bath home boasts a 1 car garage and a comforting sense of privacy surrounded by lush landscaping. Made of concrete block, and offering sturdy protection against the elements this home presents a great opportunity that will not last long.

Details

Property type

Single Family Residence

Est. home value

$220,891

Lot size

0.23 acres

Price per sq ft

$176

Year built

1951

HOA

No

Price History

12/05/2024
CentralPanhandle

CentralPanhandle #759717

Price change
$235,000
-9.44%
08/15/2024
CentralPanhandle

CentralPanhandle #759717

Listed
$259,500
08/11/2024
CentralPanhandle

CentralPanhandle #759717

Pending
$259,500

Schools & Community

Elementary school: 

Cherry Street

Middle school: 

Jinks

High school: 

Bay

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

$122,098
Asking price
$235,000
Closing costs (~8% of asking)
-$18,800
Est. remaining loan balance
-$94,102
Cash to seller
$122,098

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

Seller’s Loan History

Lender

Ditech Financial Llc

Loan start date

April 2017

Original loan amount

$132,500

Est. remaining balance

$94,102

Interest rate

4.15%

Loan type

New Conventional, 20 year

Seller

Michael David Hanson

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?

Similar Homes Nearby

CentralPanhandle
$245,000
3 bd
|
2 ba
|
1,262 sq ft
|
House

3815 E 8th St, Panama City, FL 32401

CentralPanhandle
$225,000
3 bd
|
2 ba
|
1,420 sq ft
|
House

1121 Cone Ave, Panama City, FL 32401

Price drop
CentralPanhandle
$230,000
3 bd
|
2 ba
|
1,490 sq ft
|
House

3727 E 3rd St, Panama City, FL 32401

Status: Active

Tomo last checked: 12/23/2024 at 7:30 AM

Listing updated: 12/05/2024 at 11:40 AM

Listed by: Cain McNeil, CENTURY 21 Commander Realty Phone #: (850) 769-8326

MLS: CentralPanhandle #759717

CentralPanhandle logo

Recently listed in Panama City