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$269,000

Beds
1
Baths
1.0
sq ft
646

8526 Lydia Ln Unit 5, Panama City, FL 32408

8526 Lydia Ln Unit 5

Panama City, FL 32408

  • 4 days on market
Experience the ultimate in waterfront living with this absolutely beautiful and cozy condo, offering stunning lagoon views. This meticulously updated 1-bedroom, 1-bathroom gem is perfectly situated right on the water. Enjoy relaxing on your balcony, sipping your favorite beverages while watching the fish leap in the serene lagoon. The condo also features a spacious storage room, ideal for all your boating and beach gear. Plus, you're just 3 blocks away from our gorgeous beaches! With this fantastic location and a slip included, this beachside paradise won't last long. Don't miss your chance to make it yours!

Details

Property type

Condominium

Est. home value

$233,149

Lot size

Unknown

Price per sq ft

$417

Year built

1983

Annual property taxes

$2,009

Monthly HOA fee

$383.33

Price History

09/14/2024
CentralPanhandle

CentralPanhandle #762697

Listed
$269,000
+64.02%
11/25/2020
CentralPanhandle

CentralPanhandle #671797

Sold
$164,000
+33.33%
09/29/2015
CentralPanhandle

CentralPanhandle #634419

Sold
$123,000
+6.96%

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

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

$127,203
Asking price
$269,000
Closing costs (~8% of asking)
-$21,520
Est. remaining loan balance
-$120,277
Cash to seller
$127,203

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

Seller’s Loan History

Lender

Fbt Mortgage Llc

Loan start date

November 2020

Original loan amount

$131,200

Est. remaining balance

$120,277

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Samuel Phillips and Sandra Phillips

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: 09/18/2024 at 9:05 PM

Listing updated: 09/14/2024 at 6:59 PM

Listed by: Inna Mclelland, Counts Real Estate Group Inc Phone #: (850) 231-1483

MLS: CentralPanhandle #762697

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