tomo logo

$410,000

Beds
4
Baths
3.0
sq ft
2,296

8116 Cluster Rd, Panama City, FL 32404

8116 Cluster Rd

Panama City, FL 32404

  • <1 day on market
Nestled on 4 picturesque acres, this beautifully maintained 3-bedroom, 2-bathroom ranch-style home offers the perfect blend of comfort and country living. The open floor plan features a gas fireplace, ideal for cozy evenings, and flows seamlessly into the renovated kitchen. A highlight of the main house is the expansive screened-in patio with a hot tub, creating the perfect space to unwind.Step outside to enjoy the inground pool, complete with recently updated pool equipment and a brand-new gas heater for year-round enjoyment.Adding to the charm of this property is the detached 1-bedroom, 1-bathroom mother-in-law suite with washer/Dryer hookups, boasting a cedar-infused interior with an incredible aroma. The suite features a full bathroom with a walk-in shower, a renovated kitchen with granite countertops, stainless steel appliances, and a large screened-in patio, providing privacy and comfort for guests or extended family.The home and guest house are situated on approximately 2 acres, with an additional 2-acre pasture adjacent--perfect for horses or other outdoor pursuits. Other property highlights include: Shed with electricity for extra storage or a workshop, Brand-new HVAC systems installed in 2024 for both the main house and guest house, New hot water heaters in both homes, and Metal roofs on both dwellings. This property is a rare find, offering space, upgrades, and versatility. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$430,161

Lot size

4.02 acres

Price per sq ft

$179

Year built

1986

Annual property taxes

$3,243

HOA

No

Price History

03/21/2025
CentralPanhandle

CentralPanhandle #770736

Listed
$410,000
+64%
09/21/2018
CentralPanhandle

CentralPanhandle #674047

Sold
$250,000

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

$152,664
Asking price
$410,000
Closing costs (~8% of asking)
-$32,800
Est. remaining loan balance
-$224,536
Cash to seller
$152,664

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

September 2018

Original loan amount

$254,375

Est. remaining balance

$224,536

Interest rate

4.6%

Loan type

New Conventional, 30 year

Seller

Michael Crilly and Angela Louise Crilly

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: 03/21/2025 at 10:40 PM

Listing updated: 03/21/2025 at 3:20 PM

Listed by: The Jarrett Group, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #770736

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