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$259,500

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

  • 120 days on market
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

$194

Year built

1951

HOA

No

Price History

08/15/2024
CentralPanhandle

CentralPanhandle #759717

Listed
$259,500
08/11/2024
CentralPanhandle

CentralPanhandle #759717

Pending
$259,500
08/09/2024
CentralPanhandle

CentralPanhandle #759717

Listed
$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

$144,152
Asking price
$259,500
Closing costs (~8% of asking)
-$20,760
Est. remaining loan balance
-$94,588
Cash to seller
$144,152

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

$94,588

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?

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Status: Active

Tomo last checked: 11/08/2024 at 10:05 AM

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

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

MLS: CentralPanhandle #759717

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