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$339,000

Beds
1
Baths
1.5
sq ft
740

8743 Thomas Dr Unit 629, Panama City, FL 32408

8743 Thomas Dr Unit 629

Panama City, FL 32408

  • 91 days on market
    • Price drop $10,000↓
Beautifully Decorated Updated unit at the Summit on the 6th floor! The standard bunk bed nook was removed to make a beautiful open living area, still sleeps 6. It has 2 full baths; the new full Bath has Floor to ceiling travertine. The New Washer/Dryer Combo Stack has been added. The Gross income for the past 2 years ranged between 60-66k. The Summit is a popular resort and offers lots of amenities. 2 large pools, 2 kiddie pools, 3 hot tubs, Sauna, Tiki Bar, Gym and Bikini Bob Grill! Come and see this beautiful place for yourself!

Details

Property type

Condominium

Est. home value

$369,179

Lot size

Unknown

Price per sq ft

$459

Year built

1984

Annual property taxes

$3,195

Monthly HOA fee

$640

Price History

09/16/2024
CentralPanhandle

CentralPanhandle #761739

Price change
$339,000
-2.87%
08/23/2024
CentralPanhandle

CentralPanhandle #761739

Listed
$349,000
+78.97%
12/03/2018
CentralPanhandle

CentralPanhandle #673650

Sold
$195,000

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Fitness Center, Gated, Park, 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

$171,569
Asking price
$339,000
Closing costs (~8% of asking)
-$27,120
Est. remaining loan balance
-$140,311
Cash to seller
$171,569

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 2018

Original loan amount

$156,000

Est. remaining balance

$140,311

Interest rate

4.9%

Loan type

New Conventional, 30 year

Seller

Bestside Homes Llc

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: 11/22/2024 at 11:35 PM

Listing updated: 09/16/2024 at 5:29 PM

Listed by: Scott W Fader, Joseph Walter Realty LLC Phone #: (888) 227-1009

MLS: CentralPanhandle #761739

CentralPanhandle logo

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