tomo logo

$575,000

Beds
4
Baths
2.0
sq ft
2,092

941 Grace Ave, Panama City, FL 32401

941 Grace Ave

Panama City, FL 32401

  • 63 days on market
OPEN HOUSE THIS SATURDAY 1:00-4PM! Commercial and residential zoning! Step into a lifestyle where history meets modern comfort in this century-old gem located in downtown Panama City. Just a short stroll to boutique shops, dining, bars, and entertainment, this historic home also offers easy access to hospitals, schools, and two marinas! Featuring a durable newer metal roof, teak wood porch decking, storm windows, a workshop and separate shed, this home combines charm with resilience. Inside, you'll find a tankless gas water heater, stainless steel kitchen appliances, original heart pine floors, coffered ceilings, a clawfoot tub, and a spacious slate shower in the owner's bath. Sitting on two parcels totaling 0.4 acres, this property offers a rare mix of unique character and convenience. Don't miss this unique opportunity!

Details

Property type

Single Family Residence

Est. home value

$359,020

Lot size

0.4 acres

Price per sq ft

$275

Year built

1924

Annual property taxes

$3,864

HOA

No

Price History

10/09/2024
CentralPanhandle

CentralPanhandle #762467

Listed
$575,000
09/18/2024
CentralPanhandle

CentralPanhandle #762467

Removed
$575,000
09/10/2024
CentralPanhandle

CentralPanhandle #762467

Listed
$575,000
-1.71%

Schools & Community

Elementary school: 

Cherry Street

Middle school: 

Jinks

High school: 

Bay

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Regions Bank

Loan start date

March 2022

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

3.55%

Loan type

Future Advance Clause / Open End Mortgage, 7 year

Seller

Daniel B Sanders and Daniel Sanders

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: 11/12/2024 at 3:15 PM

Listing updated: 11/05/2024 at 3:20 PM

Listed by: Mindi A Sato, Keller Williams Success Realty Phone #: (850) 249-0313

MLS: CentralPanhandle #762467

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