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$379,000

Beds
2
Baths
2.0
sq ft
1,075

6505 Thomas Dr Unit 905, Panama City, FL 32408

6505 Thomas Dr Unit 905

Panama City, FL 32408

  • 185 days on market
    • Price drop $5,000↓
Great investment opportunity! Beautiful Gulf Front condo, right on the beach. New appliances in 2021, tile floors, great views, very roomy. Summerhouse features a great owners loungs, 2 pools (one heated during cold seasons), large poolside area, kiddie pool, hot tub, tennis courts, racketball. Ammenities galore in this great community. Great ''snowbird'' potential, very active winter guest group. Room sizes are estimates.

Details

Property type

Condominium

Est. home value

$485,192

Lot size

Unknown

Price per sq ft

$353

Year built

1984

Annual property taxes

$4,687

Monthly HOA fee

$1,441.39

Price History

10/22/2024
CentralPanhandle

CentralPanhandle #758872

Price change
$379,000
-1.3%
08/07/2024
CentralPanhandle

CentralPanhandle #758872

Price change
$384,000
-1.29%
06/24/2024
CentralPanhandle

CentralPanhandle #758872

Listed
$389,000
+15.95%

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

$102,572
Asking price
$379,000
Closing costs (~8% of asking)
-$30,320
Est. remaining loan balance
-$246,108
Cash to seller
$102,572

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

March 2021

Original loan amount

$268,400

Est. remaining balance

$246,108

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Mark David Krismer and Amy E Krismer

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 1:10 AM

Listing updated: 12/02/2024 at 10:50 AM

Listed by: Ray A Kistler, Coldwell Banker Carroll Realty Phone #: (850) 249-8200

MLS: CentralPanhandle #758872

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