tomo logo

$370,000

Beds
4
Baths
2.5
sq ft
2,322

7117 Shimano Way, Panama City, FL 32404

7117 Shimano Way

Panama City, FL 32404

  • 89 days on market
    • Price drop $5,000↓
This 4-bedroom, 2.5-bath home is located in a peaceful cul-de-sac in Barrett's Park. The open floor plan includes a bright office space and a spacious kitchen with stainless steel appliances, pantry and a large island, perfect for cooking and gathering. The large primary bedroom features an en suite bathroom with a soaking tub, separate shower, and a walk-in closet. Three additional bedrooms provide ample space for family or guests. Enjoy the fully fenced backyard for privacy and outdoor activities. With a 2-car garage and easy access to grocery stores, the beaches, and Tyndall Air Force Base. This home offers both comfort and convenience. Schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$331,705

Lot size

6,098 sq ft

Price per sq ft

$160

Year built

2019

Annual property taxes

$2,975

Monthly HOA fee

$70

Price History

10/12/2024
CentralPanhandle

CentralPanhandle #761787

Price change
$370,000
-1.33%
08/25/2024
CentralPanhandle

CentralPanhandle #761787

Listed
$375,000
+10.29%
09/15/2022
CentralPanhandle

CentralPanhandle #730679

Sold
$340,000

Schools & Community

Elementary school: 

Tommy Smith

Middle school: 

Merritt Brown

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

-$837
Asking price
$370,000
Closing costs (~8% of asking)
-$29,600
Est. remaining loan balance
-$341,237
Cash to seller
-$837

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

September 2022

Original loan amount

$352,240

Est. remaining balance

$341,237

Interest rate

5.3%

Loan type

VA, 30 year

Seller

Quenton Bailey and Joanna Bailey

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: 11/22/2024 at 8:25 PM

Listing updated: 10/12/2024 at 2:46 PM

Listed by: Heather A Cole, Keller Williams Realty Emerald Coast Phone #: (850) 654-2900

MLS: CentralPanhandle #761787

CentralPanhandle logo

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