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$429,000

Beds
3
Baths
2.0
sq ft
912

630 Malaga Pl, Panama City Beach, FL 32413

630 Malaga Pl

Panama City Beach, FL 32413

  • 62 days on market
    • Price drop $10,000↓
Situated in the desirable west end of Panama City Beach. This ''NO-HOA'' home with a detached workshop (over 1100 sqft of additional space!!!) and/or oversized garage and loft is just a 0.7 mile drive to the white sandy beaches of the Emerald Coast. Located just minutes from Inlet Beach and the start of Scenic-30A, 3.1 miles from Frank Brown Park, 3.5 miles from Pier Park (future location of the highly anticipated Top Golf and Dolly Parton's Pirates Voyage Dinner and Show), 3.3 miles from the Winn Dixie and Publix at Park Pavilion, and just a 5-7 minute drive to Lake Powell Park! This home has been recently renovated with new paint inside and out, new kitchen cabinets, countertops, island, new LVP flooring, renovated bathrooms, new vanities and countertops, tankless water heaters, new fixtures, new interior doors, new porch decking, Hardie board siding wraps both the main home and the oversized detached garage. Outside you will find a large front porch, rear covered patio perfect for grilling, an outdoor shower, and a separate porch and sliding door that accesses the master bedroom. The driveway can accommodate multiple vehicles and the lot has enough space to store an RV, boat, trailer, etc. 30amp hookup available. The detached Garage is roughly 27 x 25ft and is complete with an upstairs loft, Hardie siding, new windows, 2x6-built construction with threaded rods connecting the bottom plate to the top plate for hurricane protection, a wind-rated roll-up door, as well as both power and water. *The laundry room is in the detached garage.* Your imagination is the only limitation here with enough space to make it into a game room for the kids, a man cave, boat storage, golf cart storage, workshop, or simply just park both your cars and 2 golf carts. The loft upstairs was built over the entire main floor with extra wide steps to make storing items easy.Gate will be installed and completed before closing.

Details

Property type

Single Family Residence

Est. home value

$350,024

Lot size

9,365 sq ft

Price per sq ft

$471

Year built

1987

Annual property taxes

$2,675

HOA

No

Price History

10/25/2024
CentralPanhandle

CentralPanhandle #762353

Price change
$429,000
-2.28%
09/05/2024
CentralPanhandle

CentralPanhandle #762353

Listed
$439,000
06/29/2024
CentralPanhandle

CentralPanhandle #751852

Removed
$439,000

Schools & Community

Elementary school: 

West Bay

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

$321,097
Asking price
$429,000
Closing costs (~8% of asking)
-$34,320
Est. remaining loan balance
-$73,583
Cash to seller
$321,097

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

December 2022

Original loan amount

$75,000

Est. remaining balance

$73,583

Interest rate

7.08%

Loan type

New Conventional, 30 year

Seller

Hugh C Riley and Tonya Lee Riley

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 6:10 AM

Listing updated: 10/24/2024 at 10:39 PM

Listed by: Nathan E Giles, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #762353

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