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3414 Harrison Ave
Score
73
Panama City, FL

3414 Harrison Ave

450K
4 bd • 3 ba • 2,054 sf

This analysis was generated on 3/28/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$450,000
+25%vs 32405
Price/Sq.Ft
$219
+14%vs 32405
Above Fair Value
7.1% above range

Current Price

$450,000

Fair Range

$380,000 - $420,000

$450,000
Below Market-20%
Above Market+20%

Negotiation Leverage

3 points to consider in your offer

Recommended Offer

$400,000
Success Probability:Very Low(0.75%)

AI Rationale

The offer is competitive yet realistic, considering the property's condition and market dynamics. The seller's motivation, evidenced by two price reductions, supports this strategy.

Overall Score
73
79
Home Condition
80
Natural Light
73
Value
68
Location

Visual Insights

AI-analyzed spaces with reimagining capabilities

Wooden Deck Condition
Wooden Deck Condition

Wooden Deck Condition

The wooden deck appears to be aging and could require maintenance or replacement soon.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

No required renovations identified

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

Sep
2007
$315,000Financed
September 17, 2007
From:Barrons Joint Ventures Inc
To:Charles Lopez, Ruth Ann Lopez
Corporation Deed
Standard Sale (Purchase/Resales)

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$450,000
-30%List: $450,000+30%
20%
$90,000of $450,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $1,000/year, HOA: $89/month

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$120,375
Closing Costs
+$30,375
Down Payment
$90,000
Buyer Agent Fee
$11,475
Loan Fees
$3,600
Title & Escrow
$2,700
Inspections
$900
Transfer Tax
$4,950
Prepaid Expenses
$6,750

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Buyer Power
Market Speed
0 days
vs 73 day average
This is a new listing, while homes in this area typically sell in 73 days
Inventory Health
154
homes for sale
23 homes sold last month, indicating 6.7x more supply than demand
Price Dynamics
96.3%
of asking price
Homes typically sell for 3.7% below asking price

Price Trajectory

$319,250
Current median price
-1.4%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Market Is strongly cooling
Prices are down 6.1% over the last 3 months
3 Months
-6.1%
6 Months
-9.9%
1 Year
-1.4%

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market increasing 28.6% over the past 3 months suggests growing buyer leverage.

Historical Comparison
Current Value
$319,250
3 Months Ago
$228,500
+39.7%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$450,000
Price/sqft
$219
Layout
4 bd3 ba
NaN

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$358,167

25.6%

Your price is 25.6% above average

Median Price

$375,000

20.0%

Based on 6 recent sales

Price per Sq.Ft

$166

32.0%

Your price is 32.0% above average $/sqft

Comparable Properties

2821 Woodmere Drive, Panama City, FL 32405
Price: $350,000
Sq.Ft: 2,168
Beds/Baths: 3/3
$/Sq.Ft:
$16126.3%
Sale Date: 12/3/2024
2711 Rutgers Drive, Panama City, FL 32405
Price: $375,000
Sq.Ft: 2,327
Beds/Baths: 4/2
$/Sq.Ft:
$16126.4%
Sale Date: 1/27/2025
3123 Wood Valley Road, Panama City, FL 32405
Price: $385,000
Sq.Ft: 2,020
Beds/Baths: 3/2
$/Sq.Ft:
$19113.0%
Sale Date: 12/3/2024
2905 Palmetto Ridge Way, Lynn Haven, FL 32444
Price: $279,000
Sq.Ft: 1,885
Beds/Baths: 4/2
$/Sq.Ft:
$14832.4%
Sale Date: 10/11/2024
153 Candlewick Circle, Panama City, FL 32405
Price: $390,000
Sq.Ft: 2,265
Beds/Baths: 3/2
$/Sq.Ft:
$17221.4%
Sale Date: 10/13/2024
933 Andrew Circle, Panama City, FL 32405
Price: $370,000
Sq.Ft: 2,301
Beds/Baths: 3/2
$/Sq.Ft:
$16126.6%
Sale Date: 10/16/2024

Schools

Nearby school quality by education level

Elementary

3.0/10
Below Average

Middle

5.0/10
Average

High

6.0/10
Good

Climate Risks

Assessment of climate-related hazards for this property

Major Risk Profile

This property has 0 severe, 2 major, and 2 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

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Tour Checklist

Key items to inspect during your property tour

Inspect the wooden deck thoroughly, paying close attention to the condition of the support posts, railings, and surface boards. Look for signs of rot, insect damage, or sagging.

Inspect the crawl space or basement (if applicable) for signs of moisture, mold, or pest infestation.

Questions to Ask

Important questions to ask during the tour

Can you provide documentation for all the upgrades mentioned in the listing, including warranties for the Pella windows, water heater, HVAC, roof, and gutters?

Has the property ever experienced any flooding or water damage, and if so, what measures were taken to remediate the damage?

Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.

Property Discussion

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