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$515,000

Beds
3
Baths
3.0
sq ft
1,595

8035 High Point Rd, Panama City, FL 32404

8035 High Point Rd

Panama City, FL 32404

  • 15 days on market
NEWLY REMOLDED HOME ON DEERPOINT LAKE - Discover Your Waterfront Oasis! Welcome to your dream retreat--a stunning 3-bedroom, 3-bathroom home with a spare room (already outfitted for AC and electricity is already installed) nestled right on the lake. This serene haven is situated on a spacious nearly half-acre lot in a tranquil, secluded neighborhood just 10 minutes from town. Imagine relaxing on your expansive back porch, finished with beautiful pecky cypress, as you take in breathtaking sunsets over the lake. Large French doors and windows provide panoramic views from your living room, bringing the beauty of the outdoors inside. This home boasts a private dock and is just 100 yards from the public boat ramp, making it easy to access the Gulf of Mexico

Details

Property type

Single Family Residence

Est. home value

$394,386

Lot size

0.42 acres

Price per sq ft

$323

Year built

1976

HOA

No

Price History

12/09/2024
CentralPanhandle

CentralPanhandle #765865

Listed
$515,000
12/08/2024
CentralPanhandle

CentralPanhandle #765865

Removed
$515,000
12/05/2024
CentralPanhandle

CentralPanhandle #765865

Listed
$515,000
+7.48%

Schools & Community

Elementary school: 

Deer Point

Middle school: 

Merritt Brown

High school: 

Mosley

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

$110,237
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$363,563
Cash to seller
$110,237

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

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

April 2022

Original loan amount

$381,954

Est. remaining balance

$363,563

Interest rate

3.85%

Loan type

FHA, 30 year

Seller

Whitney S Mcdonald

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: 12/22/2024 at 5:15 AM

Listing updated: 12/12/2024 at 9:40 AM

Listed by: Mike S Herring, Keller Williams Realty Emerald Phone #: (850) 654-2900

MLS: CentralPanhandle #765865

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