tomo logo

$1,399,000

Beds
4
Baths
5.0
sq ft
2,683

150 Cottage Way Unit 20, Inlet Beach, FL 32461

150 Cottage Way Unit 20

Inlet Beach, FL 32461

  • 137 days on market
    • Price drop $16,000↓
Backing up to Camp Creek Golf Course and just steps from deeded beach access and the community pool, this beach cottage is the perfect coastal getaway or rental investment property. Steps lead to both a front entry and side entry with porches on all levels along with a private back patio delivering enviable outdoor living space for relaxing and dining in the sun. The main entry opens to a spacious living area filled with natural light, new flooring and updated furniture. The living area seamlessly flows into the dining space and newly renovated kitchen boasting a center island, ample storage and stainless steel appliances. A renovated full bathroom, laundry room and large storage closet add additional conveniences to the first level.

Details

Property type

Single Family Residence

Est. home value

$1,630,196

Lot size

1,307 sq ft

Price per sq ft

$522

Year built

2004

Monthly HOA fee

$233.33

Price History

08/21/2024
EmeraldCoast

EmeraldCoast #951317

Price change
$1,399,000
-1.13%
07/26/2024
EmeraldCoast

EmeraldCoast #951317

Price change
$1,415,000
-4.07%
06/03/2024
EmeraldCoast

EmeraldCoast #943764

Removed
$1,475,000
+2.79%

Schools & Community

Elementary school: 

Dune Lakes

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

$1,055,139
Asking price
$1,399,000
Closing costs (~8% of asking)
-$111,920
Est. remaining loan balance
-$231,941
Cash to seller
$1,055,139

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

February 2013

Original loan amount

$318,750

Est. remaining balance

$231,941

Interest rate

3.4%

Loan type

New Conventional, 30 year

Seller

Jeffery L Alverson and Susan P Alverson

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

EmeraldCoast
$1,425,000
4 bd
|
5 ba
|
1,996 sq ft
|
House

434 Beach Bike Way, Inlet Beach, FL 32461

EmeraldCoast
$1,495,000
4 bd
|
4.5 ba
|
2,320 sq ft
|
House

345 Redbud Ln, Inlet Beach, FL 32461

Price drop
EmeraldCoast
$1,480,000
4 bd
|
4.5 ba
|
2,380 sq ft
|
House

149 Redbud Ln, Inlet Beach, FL 32461

Status: Active

Tomo last checked: 10/18/2024 at 10:25 AM

Listing updated: 09/25/2024 at 8:46 AM

Listed by: Joiner Group, Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: EmeraldCoast #951317

EmeraldCoast logo

Recently listed in Inlet Beach