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$175,000

Beds
2
Baths
2.0
sq ft
1,042

836 Premier Dr, Panama City, FL 32401

836 Premier Dr

Panama City, FL 32401

  • <1 day on market
Location, Location, Location! This 2 BR|2 BA townhome is located just three minutes to Downtown Panama City, and six minutes to St. Andrews! It's one and half blocks to Beach Drive and beautiful St. Andrews Bay. Large, fenced yard, unique to this townhome. Potential to build a second unit on the land with water/sewer and power available. There is private courtyard area partially covered with French door access from the living room. Great rental investment or first-time home! Simple updates would make this an unbeatable place to utilize as a short-term rental. Consistent long term rental income utilization today. The expansive master bedroom is large enough for a king bedroom suite or set up with two queen/full beds. Master ensuite bathroom with tub/shower combo. The guest bedroom has access door to the fenced yard. Additional full bathroom with tub/shower combo in the hallway. Inside laundry with washer/dryer hookup. Kitchen is spacious with plenty of cabinet and counter space, and includes a refrigerator, stove/oven, and dishwasher. This is a must-see townhome centrally located to the revitalized Downtown Panama City! *Buyer to verify all details and measurements.

Details

Property type

Townhouse

Est. home value

$166,848

Lot size

Unknown

Price per sq ft

$168

Year built

1989

Annual property taxes

$1,410

HOA

No

Price History

01/21/2025
CentralPanhandle

CentralPanhandle #767590

Listed
$175,000
+135.69%
06/10/2016
CentralPanhandle

CentralPanhandle #643981

Sold
$74,250

Schools & Community

Elementary school: 

Cherry Street

Middle school: 

Jinks

High school: 

Bay

Number of units in community: 

2

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

$112,681
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$48,319
Cash to seller
$112,681

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

Seller’s Loan History

Lender

Trustmark National Bank

Loan start date

June 2016

Original loan amount

$59,400

Est. remaining balance

$48,319

Interest rate

3.59%

Loan type

New Conventional, 30 year

Seller

Erin M Korniyenko and Samvel P Korniyenko

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: 01/22/2025 at 9:25 PM

Listing updated: 01/22/2025 at 7:40 PM

Listed by: Natalie A Ryan, CENTURY 21 Ryan Realty Inc Phone #: (850) 233-7926

MLS: CentralPanhandle #767590

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