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$378,000

Beds
3
Baths
2.0
sq ft
1,756

704 Water Oak Dr, Panama City, FL 32408

704 Water Oak Dr

Panama City Beach, FL 32408

  • 15 days on market
Charming & Unique home in North Lagoon Oaks. This is a one-of-a-kind, custom-designed single-family home in the North Lagoon Oaks community. With no HOA and short-term rentals allowed, this property offers endless possibilities--whether you're looking for a lucrative investment, a vacation retreat, or a forever home to create lasting memories.Key Features: 3 Bedrooms, 2 Baths with a custom walk-in shower Open floor plan seamlessly connecting the living room and kitchen Covered back porch with grill perfect for entertaining Spacious fenced backyard with a small storage building Large lot with ample parking for vehicles, boats, or toys Circular driveway and a one-car garage for added convenienceModern Updates & Details: New roof, AC, and water heater in 2020 Gas water heater, furnace, and range for energy efficiency Beautiful travertine floors in main living areas and wood floors in the bedroomsPrime Location:Situated close to the beach, grocery stores, and restaurants, this home offers easy access to all the conveniences of coastal living.Whether you're looking for a permanent residence, a vacation home, or an income-generating property, this unique and custom home is ready for you. Schedule your showing today and start living the North Lagoon Oaks lifestyle!Buyer/buyers agent to confirm all items of importance.

Details

Property type

Single Family Residence

Est. home value

$406,566

Lot size

0.27 acres

Price per sq ft

$216

Year built

1988

Annual property taxes

$3,581.75

HOA

No

Price History

12/06/2024
CentralPanhandle

CentralPanhandle #765932

Listed
$378,000
+15.24%
08/27/2021
CentralPanhandle

CentralPanhandle #711900

Sold
$328,000
+118.67%
08/15/2014
CentralPanhandle

CentralPanhandle #619388

Sold
$150,000

Schools & Community

Neighborhood: 

Upper 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

$58,377
Asking price
$378,000
Closing costs (~8% of asking)
-$30,240
Est. remaining loan balance
-$289,383
Cash to seller
$58,377

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

Seller’s Loan History

Lender

Community Mortgage Corp

Loan start date

August 2021

Original loan amount

$311,600

Est. remaining balance

$289,383

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Praneeth Kamineni and Udayraju Kukatla

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: 12/22/2024 at 3:45 AM

Listing updated: 12/06/2024 at 11:59 PM

Listed by: Patrick D Pate, Beach Haven Realty Phone #: (770) 596-6599

MLS: CentralPanhandle #765932

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