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$564,000

Beds
4
Baths
3.5
sq ft
3,277

548 Fanning Bayou Dr, Panama City, FL 32409

548 Fanning Bayou Dr

Panama City, FL 32409

  • 34 days on market
Welcome to this spacious, bright and well-maintained home in the picturesque waterfront community of Fanning Bayou. This home offers 4 bedrooms, 3.5 bathrooms, and a generous living area of 3,277 square feet. Featuring high ceilings, crown moldings, a wood-burning fireplace, a heated/cooled Florida room and new wood like tile in the main living and hall areas. The kitchen is equipped with stainless steel appliances, granite countertops and plenty of cabinet space, including a cupboard. The master bedroom suite includes a sitting area, a garden tub and a separate shower. The three guest bedrooms all have large walk-in closets and one with its own full bathroom, perfect for a 2nd master suite. Other amenities include a covered patio, a large fenced backyard and storable hurricane shutters. A new roof was installed in 2023. Washer/dryer, refrigerator and living room wall unit are included in sale.Conveniently located near shopping and dining, the Northwest Florida Beaches International Airport (ECP), Tyndall AFB and easy access to the Gulf Coast's beautiful beaches.Fanning Bayou offers a tranquil and peaceful environment, including a community pool and facilities, lush green spaces, access to excellent schools and beautiful sunsets. Room sizes are approximate, buyer should verify if important.

Details

Property type

Single Family Residence

Est. home value

$536,438

Lot size

0.37 acres

Price per sq ft

$173

Year built

2015

Annual property taxes

$4,805

Monthly HOA fee

$138.72

Price History

10/01/2024
CentralPanhandle

CentralPanhandle #763278

Listed
$564,000
+29.66%
05/05/2021
CentralPanhandle

CentralPanhandle #708070

Sold
$435,000

Schools & Community

Elementary school: 

Southport

Middle school: 

Deane Bozeman

High school: 

Deane Bozeman

Community features: 

Pool, Fishing, Park

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

$123,840
Asking price
$564,000
Closing costs (~8% of asking)
-$45,120
Est. remaining loan balance
-$395,040
Cash to seller
$123,840

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

May 2021

Original loan amount

$427,000

Est. remaining balance

$395,040

Interest rate

3.09%

Loan type

VA, 30 year

Seller

Alan James Schumann Jr and Haley Anne Schumann

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: 11/05/2024 at 1:55 AM

Listing updated: 10/22/2024 at 10:29 AM

Listed by: Ron Rago, Beachy Beach Real Estate Phone #: (850) 233-4351

MLS: CentralPanhandle #763278

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