tomo logo

$274,000

Beds
3
Baths
2.0
sq ft
1,835

5812 Lake Dr, Panama City, FL 32404

5812 Lake Dr

Panama City, FL 32404

  • 6 days on market
Comfortable 3 bedroom, 2 bath Stucco home with separate dining area, French doors lead into spacious den and adjoining tiled Florida room. Living area tiles with carpeted bedrooms. Smooth top range, built-in microwave, and refrigerator. Washer/dryer convey. Home is on double lot with privacy fencing and chain link. Large shed in back to store tools,. Home renovated in 1991. NEW roof and A/C installed in 2018. On-demand water heater. Sold As/Is.

Details

Property type

Single Family Residence

Est. home value

$256,320

Lot size

0.46 acres

Price per sq ft

$150

Year built

1976

Annual property taxes

$932

HOA

No

Price History

11/16/2024
CentralPanhandle

CentralPanhandle #765139

Listed
$274,000
+96.42%
10/19/2016
CentralPanhandle

CentralPanhandle #650223

Sold
$139,500

Schools & Community

Elementary school: 

Parker

Middle school: 

Rutherford Middle

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

$184,125
Asking price
$274,000
Closing costs (~8% of asking)
-$21,920
Est. remaining loan balance
-$67,955
Cash to seller
$184,125

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

October 2016

Original loan amount

$132,525

Est. remaining balance

$67,955

Interest rate

2.77%

Loan type

New Conventional, 15 year

Seller

Randolph W Meeder

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?

Similar Homes Nearby

Price drop
CentralPanhandle
$280,000
3 bd
|
2 ba
|
1,672 sq ft
|
House

310 Lakeside Dr, Panama City, FL 32404

Price drop
CentralPanhandle
$284,900
3 bd
|
2 ba
|
1,660 sq ft
|
House

1132 S Kimbrel Ave, Panama City, FL 32404

Price drop
CentralPanhandle
$305,000
3 bd
|
2 ba
|
1,742 sq ft
|
House

7331 Claudias Way, Panama City, FL 32404

Status: Active

Tomo last checked: 11/22/2024 at 2:35 PM

Listing updated: 11/16/2024 at 6:20 PM

Listed by: Katie Buxton, Patriot Oaks Properties Phone #: (850) 832-9933

MLS: CentralPanhandle #765139

CentralPanhandle logo

Recently listed in Panama City

$729,000|5 bd|3.0 ba|House
$420,000|4 bd|3.0 ba|House
$1,300,000|4 bd|3.0 ba|House
$275,000|4 bd|2.0 ba|House
$379,900|3 bd|2.0 ba|House
$1,150,000|4 bd|3.5 ba|Townhouse
$1,000,000|3 bd|3.5 ba|House