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$217,000

Beds
4
Baths
2.0
sq ft
1,102

802 Nottingham Dr, Panama City, FL 32401

802 Nottingham Dr

Panama City, FL 32401

  • 4 days on market
Conveniently located 4BR/2BA Brick Home - Updated & Income-Producing!This recently renovated 4-bedroom, 2-bathroom brick home is the perfect blend of modern updates and long-term investment potential! Featuring vinyl flooring throughout, a newer roof, and a large fenced backyard, this property is move-in ready and offers incredible value.The home comes fully equipped with all appliances, making it a hassle-free option for homeowners or investors. Currently generating $1,750/month in rental income with a month-to-month tenant, this is a great opportunity for those looking for an income-producing property without lease restrictions.Conveniently located near schools, shopping, dining, and entertainment, this home is also just 9.5 miles from Tyndall Air Force Base and 12 miles from the Navy Base--a prime spot for military personnel or rental potential.Don't miss out on this fantastic opportunity--whether you're looking for a home or a great investment, this one checks all the boxes!

Details

Property type

Single Family Residence

Est. home value

$141,125

Lot size

9,148 sq ft

Price per sq ft

$197

Year built

1963

Annual property taxes

$1,448

HOA

No

Price History

02/17/2025
CentralPanhandle

CentralPanhandle #768993

Listed
$217,000
+223.88%
04/29/2020
CentralPanhandle

CentralPanhandle #695125

Sold
$67,000

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

$104,404
Asking price
$217,000
Closing costs (~8% of asking)
-$17,360
Est. remaining loan balance
-$95,236
Cash to seller
$104,404

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

May 2021

Original loan amount

$103,450

Est. remaining balance

$95,236

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Lou A Lewis and Susan J Lewis

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: 02/22/2025 at 6:15 PM

Listing updated: 02/19/2025 at 3:49 PM

Listed by: Vianah Seamon, Coldwell Banker Carroll Realty Phone #: (850) 231-2154

MLS: CentralPanhandle #768993

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