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$319,900

Beds
1
Baths
1.5
sq ft
740

8743 Thomas Dr Unit 419, Panama City, FL 32408

8743 Thomas Dr Unit 419

Panama City Beach, FL 32408

  • 8 days on market
Welcome to the Summit, a very popular Gulf Front condo community destination. This is a great floor level easily accessed by the elevator or utilizing the stairs. Unit have been very well maintained. Within the past year the seller has installed laminate flooring, newer fixtures and Granite counter tops in the kitchen, new dishwasher and the interior was freshly painted. HVAC installed 5/2024, Hot water heater 5/2024. This seller has kept up maintaining this unit, additional to the HOA pest control, the owner has a contract with Davis exterminator.Call today to schedule a viewing.

Details

Property type

Condominium

Est. home value

$348,910

Lot size

Unknown

Price per sq ft

$433

Year built

1984

Annual property taxes

$3,429

Monthly HOA fee

$747.67

Price History

02/14/2025
CentralPanhandle

CentralPanhandle #768804

Listed
$319,900
+106.39%
08/17/2016
CentralPanhandle

CentralPanhandle #648263

Sold
$155,000

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Gated, Fitness Center, Tennis Court(s)

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

$267,264
Asking price
$319,900
Closing costs (~8% of asking)
-$25,592
Est. remaining loan balance
-$27,044
Cash to seller
$267,264

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

Seller’s Loan History

Lender

Countrywide Home Loans Inc

Loan start date

October 2002

Original loan amount

$60,001

Est. remaining balance

$27,044

Interest rate

6.18%

Loan type

Not Provided, 30 year

Seller

John H Rickels and Susan K Hart

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: 02/22/2025 at 6:00 PM

Listing updated: 02/14/2025 at 3:45 PM

Listed by: Donna M Stokes, Top Producers Real Estate Ctr Phone #: (850) 234-0809

MLS: CentralPanhandle #768804

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