tomo logo

$353,810

Beds
3
Baths
1.0
sq ft
1,190

5818 Hilltop Ave, Panama City, FL 32408

5818 Hilltop Ave

Panama City, FL 32408

  • 30 days on market
THIS HOME IS NOT IN A FLOOD ZONE AND NO HOMEOWNER FEES. Great Beach cottage with large lot just steps from Dolphin Drive Boat Ramp and short walk to the Beach. 3 Bedroom with office and 1 Bath. Home has been plumbed for future 2nd Bath addition. Plenty of room to park your motorized beach toys in a gated backyard. Outdoor shower makes it easy for cleanup from Lagoon or Beach. Nice size covered porch for your outdoor living space. Plumbing and electric have been updated. Washer/Dryer hookup located on backporch. This property is used as a short term rental on airbnb.

Details

Property type

Single Family Residence

Est. home value

$251,896

Lot size

5,500 sq ft

Price per sq ft

$298

Year built

1954

Annual property taxes

$2,185

HOA

No

Price History

10/07/2024
CentralPanhandle

CentralPanhandle #763621

Listed
$353,810
+183.05%
12/23/2020
CentralPanhandle

CentralPanhandle #705252

Sold
$125,000

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

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

$301,724
Asking price
$353,810
Closing costs (~8% of asking)
-$28,305
Est. remaining loan balance
-$23,781
Cash to seller
$301,724

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

Seller’s Loan History

Lender

Homeside Lending Inc

Loan start date

July 2000

Original loan amount

$57,500

Est. remaining balance

$23,781

Interest rate

8.32%

Loan type

Not Provided, 30 year

Seller

Thomas E Hall and Janet M Hall

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: 11/08/2024 at 1:55 PM

Listing updated: 11/01/2024 at 3:40 PM

Listed by: Barbara S McDonald, CitiStar Realty Phone #: (850) 230-5060

MLS: CentralPanhandle #763621

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