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$1,850,000

Beds
4
Baths
4.5
sq ft
2,136

107 Chelsea Loop, Santa Rosa Beach, FL 32459

107 Chelsea Loop

Santa Rosa Beach, FL 32459

  • 109 days on market
This cozy Florida cottage is the perfect coastal escape, close to the communal pool and just 150 steps to private beach access and serene Eastern Lake. A raft of recent home improvements includes new HVACs and water heaters, replacement windows and doors, and fresh paintwork inside and out. A new pavered walkway leads to the traditional front porch, which offers an elevated view of the quiet leafy street. Hardwood floors add a natural warmth to the spacious open floorplan and family room. Dine and relax at the island bar or gather for meals around the dining table that comfortably seats eight. The remodeled chef's kitchen dazzles with a new gas stove, sink, microwave, dishwasher and beverage refrigerator, along with beautiful newer granite countertops. A half bath and a large owner's closet complete the first floor. The second floor has three generous bedrooms with private bathrooms and a laundry room. Two of these bedrooms are well-appointed master suites, while the third is a built-in bunk room to comfortably sleep six. The third floor has an additional queen bedroom with an ensuite. The large outdoor lookout area at sundown is perfect for sunset drinks and social gatherings after a fun-filled day. All four remodeled bathrooms boast seamless glass showers, replacement cabinets, and gleaming faucets, along with new granite vanities. The Summer's Edge community is popular for second homeowners and investors with rental projections of $171,000 easily achievable on this property. Just 150 steps from the sugar-soft sand and emerald gulf waters, the location is hard to beat. Deeded beach access and two pools (one heated) make this a year-round escape for vacationers. Leave your vehicles on the paved driveway and stroll to Greenway Station on 30A, which has excellent designer shopping and dining options. Seagrove Beach, Seaside, Florida, and Rosemary Beach have everything you could wish for nearby, including live entertainment.

Details

Property type

Single Family Residence

Est. home value

$1,676,037

Lot size

2,614 sq ft

Price per sq ft

$867

Year built

2003

Monthly HOA fee

$292.5

Price History

09/06/2024
EmeraldCoast

EmeraldCoast #958662

Listed
$1,850,000
+6.02%
02/17/2023
CentralPanhandle

CentralPanhandle #732009

Sold
$1,745,000
+172.23%
11/15/2013
EmeraldCoast

EmeraldCoast #555242

Sold
$641,000

Schools & Community

Elementary school: 

Dune Lakes

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Gated, Pool

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

$421,226
Asking price
$1,850,000
Closing costs (~8% of asking)
-$148,000
Est. remaining loan balance
-$1,280,774
Cash to seller
$421,226

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

Seller’s Loan History

Lender

Bell Bank

Loan start date

February 2023

Original loan amount

$1,308,750

Est. remaining balance

$1,280,774

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Natalie Fox Malone and James Brandon Malone

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: 12/24/2024 at 8:45 AM

Listing updated: 11/15/2024 at 9:29 AM

Listed by: Dahler & Co., Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: EmeraldCoast #958662

EmeraldCoast logo

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