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$225,000

Beds
3
Baths
2.0
sq ft
1,248

722 Joan Ln, Panama City, FL 32404

722 Joan Ln

Panama City, FL 32404

  • <1 day on market
This home is a great find in Panama City! This charming home is conveniently located near top-rated restaurants, shopping, parks, and supermarkets. Featuring a stunning cathedral ceiling in the living room and a desirable split-bedroom layout, it offers both style and functionality. The spacious, fenced backyard is perfect for outdoor entertaining, complete with a storage building that conveys. No HOA restrictions! Convenient to Tyndall Air Force Base, as well as a quick drive to Mexico Beach for sun, sand, and family fun. Plus, you're just minutes from scenic waterfront.

Details

Property type

Single Family Residence

Est. home value

$241,179

Lot size

9,148 sq ft

Price per sq ft

$181

Year built

1993

Annual property taxes

$1,409

HOA

No

Price History

03/11/2025
CentralPanhandle

CentralPanhandle #770142

Listed
$225,000
-12.42%
05/13/2024
CentralPanhandle

CentralPanhandle #752115

Removed
$256,900
05/02/2024
CentralPanhandle

CentralPanhandle #752115

Price change
$256,900
-0.39%

Schools & Community

Elementary school: 

Parker

Middle school: 

Rutherford Middle

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

$45,174
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$161,826
Cash to seller
$45,174

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

May 2023

Original loan amount

$165,242

Est. remaining balance

$161,826

Interest rate

6.6%

Loan type

FHA, 30 year

Seller

George Hoffman and Margaret M Kubek Hoffman

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: 03/12/2025 at 1:35 AM

Listing updated: 03/11/2025 at 12:20 PM

Listed by: Morgan Benton, Think Real Estate Phone #: (850) 270-4200

MLS: CentralPanhandle #770142

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