tomo logo

$398,000

Beds
4
Baths
2.0
sq ft
2,083

603 Michigan Ave, Lynn Haven, FL 32444

603 Michigan Ave

Lynn Haven, FL 32444

  • Pending
    • Price drop $1,000↓
$5,000 CREDIT and 1-year HOME WARRANTY offered- with an acceptable offer! Welcome home to this 4-bedroom home in the heart of Lynn Haven, only 4 blocks away from the Bay! It has everything you've been looking for, large open living areas, an updated kitchen, spacious bedrooms, plus a huge corner lot with a completely fenced-in, spacious back yard. There is a brand-new roof put on in 2023, central A/C is 2023, and the water heater is 2021. Fresh paint on both the interior and exterior, and brand-new carpet in the bedrooms that was put in after the current owner moved out. The home offers 2,083 square feet of living space along with a carport and storage shed. Great location with restaurants and shopping just minutes away, and the beach is less than a half hour! All measurements are approximate, buyer to verify.

Details

Property type

Single Family Residence

Est. home value

$426,697

Lot size

0.52 acres

Price per sq ft

$192

Year built

1940

Annual property taxes

$154

HOA

No

Price History

09/14/2024
CentralPanhandle

CentralPanhandle #753925

Pending
$398,000
09/09/2024
CentralPanhandle

CentralPanhandle #753925

Listed
$398,000
09/09/2024
CentralPanhandle

CentralPanhandle #753925

Removed
$398,000

Schools & Community

Elementary school: 

Lynn Haven

Middle school: 

Mowat

High school: 

Mosley

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

$143,813
Asking price
$398,000
Closing costs (~8% of asking)
-$31,840
Est. remaining loan balance
-$222,347
Cash to seller
$143,813

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

October 2021

Original loan amount

$239,319

Est. remaining balance

$222,347

Interest rate

2.86%

Loan type

VA, 28 year

Seller

Scott A Heldt and January G Heldt

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

CentralPanhandle
$368,500
4 bd
|
2 ba
|
2,047 sq ft
|
House

794 Cason Cir, Panama City, FL 32405

CentralPanhandle
$425,000
4 bd
|
2 ba
|
2,259 sq ft
|
House

117 James Way, Panama City, FL 32409

Price drop
CentralPanhandle
$449,900
4 bd
|
2 ba
|
1,938 sq ft
|
House

3615 State Ave, Panama City, FL 32405

Status: Pending/Under Contract

Tomo last checked: 09/19/2024 at 7:55 PM

Listing updated: 09/14/2024 at 2:39 PM

Listed by: Casey Owens, Elite Realty Phone #: (850) 638-0370

MLS: CentralPanhandle #753925

CentralPanhandle logo

Recently listed in Lynn Haven