tomo logo

$258,900

Beds
2
Baths
2.0
sq ft
1,200

1203 Minnesota Ave, Lynn Haven, FL 32444

1203 Minnesota Ave

Lynn Haven, FL 32444

  • 14 days on market
Affordable home for sale on a large corner lot in Lynn Haven. This home has been used a a VRBO/Air BB bringing in around $25,000 per year. Being sold Furnished and turn key. Home sits on 3 large lots totaling 1/2 acre. It has been updated with an open floor plan with large kitchen and stainless steel appliances overlooking the living room and fireplace. Roof installed in 2019, HVAC in 2022. Tankless water heater. Great investment property or First Time Home Buyer.

Details

Property type

Single Family Residence

Est. home value

$253,110

Lot size

0.52 acres

Price per sq ft

$216

Year built

1954

HOA

No

Price History

01/06/2025
CentralPanhandle

CentralPanhandle #766917

Listed
$258,900
+17.68%
12/16/2022
CentralPanhandle

CentralPanhandle #733130

Sold
$220,000

Schools & Community

Elementary school: 

Deer Point

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

$15,374
Asking price
$258,900
Closing costs (~8% of asking)
-$20,712
Est. remaining loan balance
-$222,814
Cash to seller
$15,374

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

Seller’s Loan History

Lender

Trustmark National Bank

Loan start date

December 2022

Original loan amount

$227,748

Est. remaining balance

$222,814

Interest rate

7.08%

Loan type

VA, 30 year

Seller

Elisa Jones Hand and Luthus Hand

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?

Similar Homes Nearby

CentralPanhandle
$285,000
2 bd
|
2 ba
|
840 sq ft
|
Manufactured

7514 Railroad Ave, Panama City, FL 32409

CentralPanhandle
$249,000
2 bd
|
2.5 ba
|
1,254 sq ft
|
Townhouse

207 E 3rd St, Lynn Haven, FL 32444

Price drop
CentralPanhandle
$240,000
3 bd
|
2 ba
|
1,144 sq ft
|
House

2418 Jason Dr, Lynn Haven, FL 32444

Status: Active

Tomo last checked: 01/22/2025 at 2:05 PM

Listing updated: 01/08/2025 at 9:40 AM

Listed by: Marco Cooper, Coastal Sun Realty LLC Phone #: (850) 249-2050

MLS: CentralPanhandle #766917

CentralPanhandle logo

Recently listed in Lynn Haven

$389,000|3 bd|2.5 ba|House
$347,500|4 bd|2.0 ba|House
$380,000|3 bd|3.0 ba|House
$345,000|3 bd|2.0 ba|House
$244,900|3 bd|2.5 ba|Townhouse
$319,000|4 bd|2.0 ba|House
$272,500|3 bd|2.0 ba|House
$350,000|4 bd|2.5 ba|Townhouse
$575,000|4 bd|2.0 ba|House