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$485,000

Beds
3
Baths
2.5
sq ft
1,951

917 Carolina Ave, Lynn Haven, FL 32444

917 Carolina Ave

Lynn Haven, FL 32444

  • 45 days on market
Welcome to 917 Carolina Avenue, a historic Old Florida cottage nestled on a charming corner lot overlooking Lynn Haven Bayou. This home offers 3 BR/3BA and plenty of both charm and character. Great investment property, separate fully furnished one bedroom one bath detached Carriage house/Airbnb generating 26-31k per year. Golf cart community with no HOA. This charming space includes an outdoor gazebo with a fireplace, a long private driveway for guests, and more. This home boasts a plethora of recent upgrades including fresh exterior paint, a new cement driveway and walkway, a PVC fenced backyard, gutters, and screened-in front and side porches, a large separate workshop with electricity.The highlight of this classic residence is the abundance of vintage glass windows in every room, offering stunning views of the water. The open concept floor plan features hardwood floors salvaged from a former dance hall on Shell Island, adding a deep, rich tone throughout the home.Centrally located, this property is just minutes from the bay with a boat launch and mini picnic area nearby. Plenty of restaurants and shopping options are also within easy reach. Plus, the beautiful Panama City Beach is only a quick 20-minute drive away

Details

Property type

Single Family Residence

Est. home value

$407,730

Lot size

0.41 acres

Price per sq ft

$249

Year built

1939

Annual property taxes

$4,744

HOA

No

Price History

08/05/2024
CentralPanhandle

CentralPanhandle #760916

Listed
$485,000
+2.11%
06/28/2024
CentralPanhandle

CentralPanhandle #756084

Removed
$475,000
05/29/2024
CentralPanhandle

CentralPanhandle #756084

Price change
$475,000
-4.04%

Schools & Community

Elementary school: 

Lynn Haven

Middle school: 

Mowat

High school: 

Mosley

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

$238,645
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$207,555
Cash to seller
$238,645

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

Seller’s Loan History

Lender

Renasant Bank

Loan start date

March 2021

Original loan amount

$224,900

Est. remaining balance

$207,555

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Mark Wes Matlock and Tina Louise Crocetti

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: 09/20/2024 at 2:55 AM

Listing updated: 08/05/2024 at 3:23 PM

Listed by: Susan M Kadi, Corcoran Reverie SRB Phone #: (850) 231-5030

MLS: CentralPanhandle #760916

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