tomo logo

$309,500

Beds
4
Baths
2.0
sq ft
1,444

807 Flight Ave, Panama City, FL 32404

807 Flight Ave

Panama City, FL 32404

  • 9 days on market
Rental powerhouse or your own waterfront retreat--or both! This lakefront home, freshly remodeled in 2023, is ready for you to purchase and enjoy. The expansive backyard features a large covered deck, swimming pool, hot tub, and two trails leading to water's edge. Inside, the home's appeal lies in the generous 4-bedroom floor plan, an open central living space, and its new flooring, countertops, fixtures, and appliances.The current owners utilize the home as a vacation rental, with impressive performance of over $50000 for 2024, even including their personal usage. But with this yard, these views, and all the comforts of this home, you may decide to keep it all to yourself.All measurements and info believed to be accurate but should be verified by buyer if important. Reach out to schedule your showing today, and you could be enjoying the holidays in your new home this year!

Details

Property type

Single Family Residence

Est. home value

$232,035

Lot size

0.37 acres

Price per sq ft

$215

Year built

1989

Annual property taxes

$2,058

HOA

No

Price History

11/13/2024
CentralPanhandle

CentralPanhandle #765019

Listed
$309,500
+43.95%
10/10/2023
CentralPanhandle

CentralPanhandle #743901

Sold
$215,000
+34.38%
05/19/2023
CentralPanhandle

CentralPanhandle #741096

Sold
$160,000
+25.49%

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

$125,192
Asking price
$309,500
Closing costs (~8% of asking)
-$24,760
Est. remaining loan balance
-$159,548
Cash to seller
$125,192

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

Seller’s Loan History

Lender

Barrett Financial Group Llc

Loan start date

October 2023

Original loan amount

$161,250

Est. remaining balance

$159,548

Interest rate

7.23%

Loan type

New Conventional, 30 year

Seller

Thomas Odegard and Susan Liem Odegard

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: 11/22/2024 at 7:10 PM

Listing updated: 11/13/2024 at 2:30 PM

Listed by: Clay Owens, Compass Florida, LLC Phone #: (305) 851-2820

MLS: CentralPanhandle #765019

CentralPanhandle logo

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