tomo logo

$314,900

Beds
4
Baths
2.0
sq ft
1,640

5584 Lexa Ln, Panama City, FL 32404

5584 Lexa Ln

Panama City, FL 32404

  • 78 days on market
    • Price drop $5,000↓
Welcome to this beautiful home located in the Butler Farms Community. This 4 bedroom property sits on a cul-de-sac and is ideally situated near Tyndall Air Force Base, making it an excellent choice for first-time home buyers, military families, or as an investment opportunity.The home boasts an open design that seamlessly integrates the living, dining, and kitchen areas, providing a spacious and inviting atmosphere. The kitchen is equipped with beautiful cabinets, granite countertops, and stainless-steel appliances, which include a range with a microwave hood and a dishwasher. Additionally, the home comes with a washer and dryer for your convenience.The master bedroom features a private bath that includes dual vanity sinks and a walk-in closet, enhancing both comfort and functionality. The backyard offers a clean canvas, providing you with the opportunity to customize the space to your liking. Its privacy is enhanced by the fact that it backs up to a wooded area, allowing for a serene and secluded outdoor environment. This setting is perfect for creating your ideal outdoor retreat. Call your favorite Realtor today to schedule a showing.

Details

Property type

Single Family Residence

Est. home value

$281,414

Lot size

6,970 sq ft

Price per sq ft

$193

Year built

2023

Monthly HOA fee

$50

Price History

01/07/2025
EmeraldCoast

EmeraldCoast #962611

Price change
$314,900
-1.56%
12/05/2024
EmeraldCoast

EmeraldCoast #962611

Price change
$319,900
-3.03%
11/05/2024
EmeraldCoast

EmeraldCoast #962611

Listed
$329,900

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

$78,282
Asking price
$314,900
Closing costs (~8% of asking)
-$25,192
Est. remaining loan balance
-$211,426
Cash to seller
$78,282

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

Seller’s Loan History

Lender

Homestar Financial Corp

Loan start date

February 2023

Original loan amount

$215,992

Est. remaining balance

$211,426

Interest rate

6.48%

Loan type

New Conventional, 30 year

Seller

Maura Clayton and German Betancourt

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 8:15 PM

Listing updated: 01/07/2025 at 12:14 PM

Listed by: Karen Smith, Karen Smith, Karen Smith, Karen Smith, Karen Smith, Karen K Smith, Beachy Beach Real Estate Phone #: (850) 233-4351

MLS: EmeraldCoast #962611

EmeraldCoast logo

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