tomo logo

$1,275,000

Beds
4
Baths
4.5
sq ft
2,542

12 Clear Ln, Santa Rosa Beach, FL 32459

12 Clear Ln

Santa Rosa Beach, FL 32459

  • 203 days on market
    • Price drop $38,000↓
Welcome to 'The Franseasco', a luxury 2021 constructed beach house, only a short walk to the emerald waters and white sand, just steps from the community pool, featuring 3 king master suites with large en-suite bathrooms, 12 ft ceilings, 3rd level loft that sleeps 5-7 people and balconies on each floor. This property is thoughtfully designed to optimize maximum space for up to 13 guests with a huge amount of owner's storage and over $100,000 in projected gross annual income. Comes fully-furnished and rental ready. Off the back of the home, you will find the large screened-in patio - the perfect spot for your morning coffee or relaxing evening.

Details

Property type

Single Family Residence

Est. home value

$1,421,163

Lot size

3,049 sq ft

Price per sq ft

$502

Year built

2021

Monthly HOA fee

$183.33

Price History

10/05/2024
EmeraldCoast

EmeraldCoast #945407

Price change
$1,275,000
-2.89%
07/01/2024
EmeraldCoast

EmeraldCoast #945407

Listed
$1,313,000
07/01/2024
EmeraldCoast

EmeraldCoast #945407

Removed
$1,313,000

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

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

$586,527
Asking price
$1,275,000
Closing costs (~8% of asking)
-$102,000
Est. remaining loan balance
-$586,473
Cash to seller
$586,527

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

Seller’s Loan History

Lender

Fcb Banks

Loan start date

December 2020

Original loan amount

$640,000

Est. remaining balance

$586,473

Interest rate

2.84%

Loan type

New Conventional, 30 year

Seller

Angelo Papachrisanthou and Michelle Papachrisanthou

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: 10/11/2024 at 11:20 PM

Listing updated: 10/05/2024 at 2:49 PM

Listed by: Nikita Korkh, Nikita Korkh, Nikita Korkh, Nikita Korkh, EXP Realty LLC Phone #: (850) 213-4091

MLS: EmeraldCoast #945407

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