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$260,000

Beds
3
Baths
2.0
sq ft
1,506

5819 Lake Dr, Panama City, FL 32404

5819 Lake Dr

Panama City, FL 32404

  • 292 days on market
    • Price drop $5,000↓
Discover the charm of coastal living in this delightful 3 bed, 2 bath ranch style home offering 1,506 square feet of living space. As you step inside, you are greeted by a spacious and inviting living and dining area. The kitchen offers a newly installed backsplash, has ample cabinet and counter space, a stainless steel gas oven, refrigerator, dish washer as well as tile flooring. The vinyl windows, exterior doors, water heater and garage doors are newly installed in 2023 and the roof was installed in 2019. There are two garage bays and a shed in the back yard for plenty of storage. One of the most attractive aspects of this home is its location. The home is located less than 6 miles from Tyndall Air Force Base and 20 miles to Mexico Beach. The home also has easy access to a variety of shopping centers, restaurants, and local attractions. Schedule an appointment to preview this lovely home today!

Details

Property type

Single Family Residence

Est. home value

$239,386

Lot size

0.34 acres

Price per sq ft

$173

Year built

1958

HOA

No

Price History

08/09/2024
CentralPanhandle

CentralPanhandle #749851

Price change
$260,000
-1.89%
06/13/2024
CentralPanhandle

CentralPanhandle #749851

Price change
$265,000
-1.85%
04/26/2024
CentralPanhandle

CentralPanhandle #749851

Price change
$270,000
-1.46%

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

$162,393
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$76,807
Cash to seller
$162,393

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

June 2016

Original loan amount

$93,279

Est. remaining balance

$76,807

Interest rate

3.57%

Loan type

FHA, 30 year

Seller

Arthur George Tetreaualt Jr and Jammie Russell Mccullers

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: 09/20/2024 at 7:30 AM

Listing updated: 08/09/2024 at 12:23 PM

Listed by: Jonathan Claunch, Beachy Beach Real Estate Phone #: (850) 532-6262

MLS: CentralPanhandle #749851

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