tomo logo

$250,000

Beds
3
Baths
2.0
sq ft
1,352

618 Cactus Ave, Panama City, FL 32401

618 Cactus Ave

Panama City, FL 32401

  • 43 days on market
    • Price drop $5,000↓
**4.625% VA Assumable loan** Newly Built Coastal Charm. This 3-bedroom, 2-bathroom home boasts nearly 1,400 sq. ft. of heated and cooled space. You'll love the convenience of the location close to historic downtown Panama City, Saint Andrews, Tyndall Air Force Base, marinas, and all of your day-to-day activities. The exterior features a Hardy board finish, a spacious covered porch, a fenced-in yard, and a large back patio. Inside, you'll find vinyl plank floors throughout, an open kitchen with stainless steel appliances, quartz countertops, and a spacious breakfast bar. The master bedroom, with vaulted ceilings, offers a grand feel. You'll also appreciate the large walk-in closet and master bathroom with a double vanity and standalone shower. The two additional bedrooms provide plenty of space for family and guests. Other highlights include smart home features, security cameras, metal framing for added protection, and additional insulation for energy efficiency. For added convenience, the home has a full-size laundry room. Discover the perfect blend of modern amenities and coastal living in this beautiful new home.

Details

Property type

Single Family Residence

Lot size

5,968 sq ft

Price per sq ft

$185

Year built

2022

Annual property taxes

$3,564

HOA

No

Price History

08/24/2024
CentralPanhandle

CentralPanhandle #760498

Price change
$250,000
-1.96%
07/25/2024
CentralPanhandle

CentralPanhandle #760498

Listed
$255,000
-1.89%
07/09/2024
CentralPanhandle

CentralPanhandle #751518

Removed
$259,900

Schools & Community

Elementary school: 

Cherry Street

Middle school: 

Jinks

High school: 

Bay

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

-$27,290
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$257,290
Cash to seller
-$27,290

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

June 2022

Original loan amount

$265,877

Est. remaining balance

$257,290

Interest rate

5.11%

Loan type

VA, 30 year

Seller

Soline Luiza Rios

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: 09/07/2024 at 4:20 PM

Listing updated: 09/03/2024 at 5:39 PM

Listed by: The Jarrett Group, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #760498

CentralPanhandle logo

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