tomo logo

$275,000

Beds
4
Baths
2.0
sq ft
1,789

7123 Penn Way, Panama City, FL 32404

7123 Penn Way

Panama City, FL 32404

  • 65 days on market
This 4-bedroom, 2-bathroom home is located in the popular Barrett's Park neighborhood and offers plenty of space for comfortable living. The open floor plan makes it easy to entertain or enjoy time with family. The kitchen is modern and practical, with plenty of counter space and a large pantry for storageThe fenced-in backyard provides privacy and is perfect for kids, pets, or outdoor gatherings. You'll also appreciate the 2-car garage for parking and extra storageThis home is a great fit for anyone looking for a well-designed space in a fantastic neighborhood.

Details

Property type

Single Family Residence

Est. home value

$291,802

Lot size

6,098 sq ft

Price per sq ft

$154

Year built

2020

Annual property taxes

$3,057

Monthly HOA fee

$70

Price History

01/07/2025
CentralPanhandle

CentralPanhandle #766882

Listed
$275,000
-5.17%
02/03/2023
CentralPanhandle

CentralPanhandle #735197

Sold
$290,000

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

-$36,257
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$289,257
Cash to seller
-$36,257

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

February 2023

Original loan amount

$296,670

Est. remaining balance

$289,257

Interest rate

6.31%

Loan type

VA, 30 year

Seller

Jessiana A Martori and Omar Martori Jr

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: 03/14/2025 at 1:50 AM

Listing updated: 02/23/2025 at 2:33 PM

Listed by: Nathan Lawrence, Legacy Premier Agency Phone #: (850) 468-2100

MLS: CentralPanhandle #766882

CentralPanhandle logo

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