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$235,000

Beds
3
Baths
2.0
sq ft
1,092

6597 Cherry St, Panama City, FL 32404

6597 Cherry St

Panama City, FL 32404

  • 85 days on market
    • Price drop $10,000↓
Beautifully Remodeled Home that has passed all inspections and is ready to go, move in ready! Completely remodeled home after hurricane Michael with all updates. 2 Bedrooms have sliding glass doors to the outback patio area. Working fireplace in family room. Completely fenced in backyard. All stainless appliances. Granite countertops. New roof, flooring, paint and fixtures. Survey available.

Details

Property type

Single Family Residence

Est. home value

$237,086

Lot size

5,532 sq ft

Price per sq ft

$216

Year built

1986

Annual property taxes

$2,781

HOA

No

Price History

08/06/2024
CentralPanhandle

CentralPanhandle #759195

Price change
$235,000
-4.08%
06/26/2024
CentralPanhandle

CentralPanhandle #759195

Listed
$245,000
+4.26%
07/06/2022
CentralPanhandle

CentralPanhandle #725465

Sold
$235,000
+135%

Schools & Community

Elementary school: 

Callaway

Middle school: 

Rutherford Middle

High school: 

Rutherford

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

$34,072
Asking price
$235,000
Closing costs (~8% of asking)
-$18,800
Est. remaining loan balance
-$182,128
Cash to seller
$34,072

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

Seller’s Loan History

Lender

Logan Finance Corp

Loan start date

June 2022

Original loan amount

$188,000

Est. remaining balance

$182,128

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Gema Castillo and Mary Carmen Castillo

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: 09/20/2024 at 2:35 AM

Listing updated: 08/05/2024 at 9:33 PM

Listed by: K. Coralee King, Coldwell Banker Carroll Realty Phone #: (850) 872-8200

MLS: CentralPanhandle #759195

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