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$370,000

Beds
5
Baths
3.0
sq ft
2,512

5533 Mars Hill Ln, Panama City, FL 32404

5533 Mars Hill Ln

Panama City, FL 32404

  • 57 days on market
Welcome to The Sawyer--a beautifully crafted 5-bedroom, 3-bathroom home in the desirable Mars Hill community, where elegance meets peace of mind.One of The Sawyer's most exceptional features is the assumable VA loan at an astonishingly low 2.25% interest rate--a rare opportunity for qualified buyers to secure significant savings on monthly payments. Coupled with the included home warranty, you'll have even greater confidence in your investment, enjoying both immediate and long-term financial security.This thoughtfully designed home offers a spacious 2-car garage and interiors that blend timeless charm with functional appeal. The kitchen and bathrooms are styled with sleek laminate countertops and practical over-mount sinks, accented by 8' ceilings that add to the airy feel. The sophisticated ivory-painted cabinetry provides ample storage, while durable vinyl flooring throughout high-traffic areas and plush carpeting in the bedrooms make every space feel inviting.In the kitchen, enjoy Whirlpool stainless steel appliances--including a freestanding electric range, dishwasher, and microwave--fully equipped to meet all your culinary needs.The Sawyer also comes with a comprehensive Smart Home Technology package. Features include a KwikSet keyless entry system, Skybell video doorbell, automated front porch lighting, Echo Dot for voice control, and a Qolsys touch panel. Effortlessly manage your lighting, thermostat, and front door access, all designed to integrate seamlessly into your lifestyle.Secure The Sawyer today to experience not only the beauty and functionality of this remarkable home but also the unparalleled financial benefits of a VA loan at 2.25% and the peace of mind of a home warranty.

Details

Property type

Single Family Residence

Est. home value

$382,149

Lot size

7,841 sq ft

Price per sq ft

$148

Year built

2021

Annual property taxes

$3,674

Monthly HOA fee

$53.33

Price History

10/21/2024
CentralPanhandle

CentralPanhandle #764290

Listed
$370,000
-2.61%
10/17/2024
CentralPanhandle

CentralPanhandle #762450

Removed
$379,900
10/09/2024
CentralPanhandle

CentralPanhandle #762450

Price change
$379,900
-0.78%

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

$5,385
Asking price
$370,000
Closing costs (~8% of asking)
-$29,600
Est. remaining loan balance
-$335,015
Cash to seller
$5,385

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

Seller’s Loan History

Lender

Dhi Mortgage Company Ltd

Loan start date

November 2021

Original loan amount

$358,896

Est. remaining balance

$335,015

Interest rate

2.99%

Loan type

VA, 30 year

Seller

David Mcdonough and Heather Michelle Mcdonough

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: 12/23/2024 at 12:05 AM

Listing updated: 11/04/2024 at 11:30 AM

Listed by: Heather R Abbott, Hitchcock Real Estate LLC Phone #: (850) 481-0095

MLS: CentralPanhandle #764290

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