tomo logo

$380,000

Beds
2
Baths
1.5
sq ft
1,124

6304 Thomas Dr Unit 2, Panama City, FL 32408

6304 Thomas Dr Unit 2

Panama City, FL 32408

  • 85 days on market
    • Price drop $5,000↓
This two story, 2-bedroom/ 2 1/2 bathroom home is located approximately two blocks from the beautiful Gulf of Mexico, 5 minutes from St. Andrew's State Park. The living area is on the ground level with 2 bedrooms upstairs and a privacy fenced-in backyard is a beach paradise with landscaping. The perfect spot for grilling after a day on the beach. This property is suited for permanent occupancy; a weekend vacation home or use as an income producer.

Details

Property type

Est. home value

$304,157

Lot size

Unknown

Price per sq ft

$339

Year built

1982

Annual property taxes

$2,434

HOA

No

Price History

09/11/2024
CentralPanhandle

CentralPanhandle #761364

Price change
$380,000
-1.3%
08/15/2024
CentralPanhandle

CentralPanhandle #761364

Listed
$385,000
+220.83%
06/22/2018
CentralPanhandle

CentralPanhandle #671039

Sold
$120,000

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Number of units in community: 

2

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

$209,554
Asking price
$380,000
Closing costs (~8% of asking)
-$30,400
Est. remaining loan balance
-$140,046
Cash to seller
$209,554

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

November 2020

Original loan amount

$153,750

Est. remaining balance

$140,046

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Valorie Deanna Burke and Kevin Coy Hannah

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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7836 Sunset Ave Unit D, Panama City, FL 32408

Status: Active

Tomo last checked: 11/08/2024 at 5:20 PM

Listing updated: 09/15/2024 at 12:09 PM

Listed by: Charles Sowers, Realty One Group Emerald Coast Phone #: (850) 238-8338

MLS: CentralPanhandle #761364

CentralPanhandle logo

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