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$461,000

Beds
2
Baths
2.0
sq ft
1,292

5821 S Lagoon Dr, Panama City, FL 32408

5821 S Lagoon Dr

Panama City, FL 32408

  • 154 days on market
    • Price drop $2,000↓
Absolutely Adorable Beach Bungalow located across from the Dolphin Boat Ramp on Grand Lagoon!! This block home has been updated with new impact resistant windows 2019, new trusses and roof 2022, new master bathroom 2022, new HVAC 2023, and new septic in 2019. The outdoor living from the front porch to the backyard patio provides lots of space to gather with friends and family or just sit outside and enjoy the peace and quiet. The Grand Lagoon is right out your front door; go fishing, paddleboarding, boating, or jet skiing.Although quaint and cozy there is plenty of room with 2 bedrooms, 2 bathrooms, open living room and kitchen, separate dining room, cozy den and reading area with lots of natural light. The workshop is a great place to store all of your beach toys, golf cart or a small vehicle.Location is perfect!! You can easily get to the beach, lagoon, marina and St Andrews State Park in a matter of minutes. Enjoy great options for entertainment, dining, shopping and excursions. This property is just a few miles from the Publix Sports Complex and Pier Park. Yet, the neighborhood is set back for some quiet time when you're ready to relax.

Details

Property type

Single Family Residence

Est. home value

$390,447

Lot size

5,663 sq ft

Price per sq ft

$357

Year built

1956

Annual property taxes

$3,329

HOA

No

Price History

11/12/2024
CentralPanhandle

CentralPanhandle #760258

Price change
$461,000
-0.43%
08/13/2024
CentralPanhandle

CentralPanhandle #760258

Price change
$463,000
-0.43%
07/08/2024
CentralPanhandle

CentralPanhandle #760258

Listed
$465,000
+24.5%

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

$121,399
Asking price
$461,000
Closing costs (~8% of asking)
-$36,880
Est. remaining loan balance
-$302,721
Cash to seller
$121,399

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

March 2022

Original loan amount

$320,000

Est. remaining balance

$302,721

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Maxcie Sikora

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: 12/23/2024 at 5:35 AM

Listing updated: 11/12/2024 at 2:30 PM

Listed by: Jodi Asbell, Beachy Beach Real Estate Phone #: (850) 233-4351

MLS: CentralPanhandle #760258

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