tomo logo

$365,000

Beds
3
Baths
2.0
sq ft
1,517

7121 Melissa Elaine Dr, Panama City Beach, FL 32407

7121 Melissa Elaine Dr

Panama City Beach, FL 32407

  • 138 days on market
    • Price drop $10,000↓
Welcome to this beautiful well kept 3-bedroom, 2-bathroom home. The seller has recently repainted both the interior and exterior, and replaced the carpet throughout the home, ensuring a fresh and move in ready feel.This home is partially fenced and would be easy to fully enclose, offering added privacy and security. A lovely covered back patio off the breakfast nook ensures relaxing evenings or mornings in a serene outdoor setting.Conveniently located to Naval Base Panama City Beach (4 min), just minutes from Panama City Beach accesses, and a short 8-mile drive from Pier Park, this home offers the perfect blend of comfort and accessibility. Don't miss out on this fantastic opportunity to own a move-in ready home in a convenient location.

Details

Property type

Single Family Residence

Est. home value

$344,580

Lot size

7,623 sq ft

Price per sq ft

$241

Year built

2004

Annual property taxes

$2,810

Monthly HOA fee

$18.75

Price History

11/07/2024
CentralPanhandle

CentralPanhandle #760996

Price change
$365,000
-2.67%
08/07/2024
CentralPanhandle

CentralPanhandle #760996

Listed
$375,000

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

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

$157,353
Asking price
$365,000
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$178,447
Cash to seller
$157,353

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

May 2022

Original loan amount

$187,000

Est. remaining balance

$178,447

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Robert E Keith and Michele Keith

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?

Similar Homes Nearby

Price drop
CentralPanhandle
$333,000
3 bd
|
2 ba
|
1,445 sq ft
|
House

112 Dana Way, Panama City Beach, FL 32407

CentralPanhandle
$378,000
3 bd
|
2 ba
|
1,756 sq ft
|
House

704 Water Oak Dr, Panama City, FL 32408

CentralPanhandle
$380,000
3 bd
|
2 ba
|
1,202 sq ft
|
House

223 Woodlawn Ct, Panama City Beach, FL 32407

Status: Active

Tomo last checked: 12/23/2024 at 1:00 PM

Listing updated: 12/10/2024 at 3:10 PM

Listed by: Heather H Neubauer, ERA Neubauer Real Estate Inc Phone #: (850) 785-1551

MLS: CentralPanhandle #760996

CentralPanhandle logo