tomo logo

$339,000

Beds
4
Baths
2.0
sq ft
2,289

5569 Mars Hill Ln, Panama City, FL 32404

5569 Mars Hill Ln

Panama City, FL 32404

  • 22 days on market
Investor special and proven rental with 2+ years of history averaging over $2400.00 per month. This is great price for this larger floor plan in the Mars Hill subdivision. Come view this beautiful and spacious 4 bedroom, 2 bath, one-level home that was built in December of 2021. This 2289 sqft split floor plan contains a large kitchen complete with stainless appliances and an island that opens to an oversized living area that is perfect for entertaining and family gatherings. The main areas of this home are covered in wide luxury vinyl plank with carpeted bedrooms. The spacious master bathroom has both a separate stand-up shower and garden tub, dual vanity sink, and a walk-in closet. It has two covered porches, one on the front, and one on the back that are perfect for watching the kids play in this quiet community. Plenty of parking with a private driveway and double car garage!This home has the Smart Home Technology upgrades that include keyless entry, Skybell doorbell, and a Quolsys integrated touch panel for controlling items such as automated lighting and a smart thermostat. Upgraded fixtures, plantation blinds installed throughout, and the entire perimeter of the back yard is fenced in with a 6-foot privacy fence. The difficult part has already been handled. You will not be disappointed. Please schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$353,293

Lot size

7,841 sq ft

Price per sq ft

$149

Year built

2021

Annual property taxes

$3,494.7

Monthly HOA fee

$48.33

Price History

12/27/2024
CentralPanhandle

CentralPanhandle #766644

Listed
$339,000
-8.38%
12/05/2024
CentralPanhandle

CentralPanhandle #753224

Removed
$370,000
02/23/2024
CentralPanhandle

CentralPanhandle #753224

Listed
$370,000

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

$30,625
Asking price
$339,000
Closing costs (~8% of asking)
-$27,120
Est. remaining loan balance
-$281,255
Cash to seller
$30,625

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

December 2021

Original loan amount

$300,375

Est. remaining balance

$281,255

Interest rate

3.09%

Loan type

VA, 30 year

Seller

Matthew Thomas Lavender and Kristen Louann Lavender

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: 01/22/2025 at 6:55 PM

Listing updated: 12/31/2024 at 11:30 AM

Listed by: Nathan E Giles, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #766644

CentralPanhandle logo

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