tomo logo

$320,000

Beds
3
Baths
2.0
sq ft
1,752

5340 Whitney Dr, Panama City, FL 32404

5340 Whitney Dr

Panama City, FL 32404

  • 35 days on market
    • Price drop $5,000↓
>>!*MOTIVATED SELLER*!<< This charming home offers a perfect blend of country tranquility and modern comfort; situated on a spacious half-acre lot in a serene pocket just off Hwy 231 and minutes away from Panama City. Step inside and be greeted by an open-concept living, dining, and kitchen area--perfect for entertaining or family gatherings plus the cobblestone fireplace adds a rustic and charming touch to your new retreat! The heart of the home features a large den, bathed in natural light from oversized windows, and another fireplace creating an airy, open vibe that's ideal for relaxing or hosting friends. The kitchen features large fridge/freezer, oven/stove with glass cooktop, microwave, and dishwasher - all in great condition! Outside, you'll find plenty of storage with an outdoor shed and a versatile open-air pole barn--whether you need space for projects, entertaining, gardening, or hobbies, you've got it all. This peaceful property offers the best of both worlds--quiet country living with the convenience of Panama City just moments away. Don't miss out on the chance to call this gem your own! Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$261,668

Lot size

0.51 acres

Price per sq ft

$183

Year built

1979

Annual property taxes

$1,065

HOA

No

Price History

11/07/2024
CentralPanhandle

CentralPanhandle #763427

Price change
$320,000
-1.54%
10/28/2024
CentralPanhandle

CentralPanhandle #763427

Price change
$325,000
-2.99%
10/21/2024
CentralPanhandle

CentralPanhandle #763427

Price change
$335,000
-4.29%

Schools & Community

Neighborhood: 

Cedar Grove

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

$184,619
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$109,781
Cash to seller
$184,619

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

December 2020

Original loan amount

$120,109

Est. remaining balance

$109,781

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Kathryn L Anderson and James L Anderson

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 1:40 PM

Listing updated: 11/07/2024 at 5:40 PM

Listed by: The Shields Group, Think Real Estate Phone #: (850) 270-4200

MLS: CentralPanhandle #763427

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