tomo logo

$335,000

Beds
4
Baths
2.5
sq ft
2,450

7119 Penn Way, Panama City, FL 32404

7119 Penn Way

Panama City, FL 32404

  • <1 day on market
Welcome home!! This large 4 bed/2.5 bath home is located in the quiet subdivision of Barrett's Park. Only 25 minutes to the beach, 15 minutes from town and a short drive to Tyndall AFB. It features a very spacious split floor plan with all 4 bedrooms and laundry room located on the second level. The master bedroom is massive and includes a large walk-in closet, private bath with his and her sinks as well as a separate garden tub. The chef in the family will enjoy a large kitchen pantry with island and oversized living room that flow together as one. Great for entertaining! In addition, the home includes a flex space that could be used as an office, dining area or can even be converted into an additional bedroom if needed. The backyard is completely fenced in and is perfect for pets. Penn Way is an offshoot road with no thru traffic making it a great choice for families with small children wanting to play outside. Come find out what it's like to be part of this great community. Call your favorite realtor today for a private showing. All measurements should be verified if important.

Details

Property type

Single Family Residence

Est. home value

$339,226

Lot size

8,712 sq ft

Price per sq ft

$137

Year built

2020

Annual property taxes

$3,333

Monthly HOA fee

$58.33

Price History

03/14/2025
CentralPanhandle

CentralPanhandle #770358

Listed
$335,000
+9.12%
01/12/2022
CentralPanhandle

CentralPanhandle #719759

Sold
$307,000

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

$11,540
Asking price
$335,000
Closing costs (~8% of asking)
-$26,800
Est. remaining loan balance
-$296,660
Cash to seller
$11,540

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

January 2022

Original loan amount

$318,052

Est. remaining balance

$296,660

Interest rate

3.1%

Loan type

VA, 30 year

Seller

Jesse P Smith and Chelsea Smith

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?

Status: Active

Tomo last checked: 03/14/2025 at 4:30 PM

Listing updated: 03/14/2025 at 12:30 PM

Listed by: Michael A Johnson, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #770358

CentralPanhandle logo

Recently listed in Panama City