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$1,380,000

Beds
4
Baths
3.5
sq ft
2,220

206 Matts Way, Santa Rosa Beach, FL 32459

206 Matts Way

Santa Rosa Beach, FL 32459

  • Pending
This beautiful home in Lakeside at Blue Mountain Beach checks the boxes for full-time living, second home, or a rental-investment property. It is tucked away in a quiet neighborhood, but just a half of a mile to the Blue Mountain Regional Beach Access which has restrooms and parking. This community has a large community pool. The home conveys with a six seat passenger golf cart. With proven rental history and repeat guests and future bookings, this newer 2019 home has lower cost to own because it is to higher current standards. Performance on gross rental income: 71K 3/22-12/22; 87K 2023 with 21 days of owner use; 94K total for 2024 (completed guest stays and booked stays for 2024) as of 9/7/24 with 15 owner days used, with more dates to book 2024. $20K on the books for 2025 future

Details

Property type

Single Family Residence

Est. home value

$1,429,838

Lot size

3,920 sq ft

Price per sq ft

$622

Year built

2019

Monthly HOA fee

$133.33

Price History

10/05/2024
EmeraldCoast

EmeraldCoast #957555

Pending
$1,380,000
06/12/2024
EmeraldCoast

EmeraldCoast #957555

Listed
$1,380,000
+10.4%
12/02/2021
EmeraldCoast

EmeraldCoast #883309

Sold
$1,250,000
+87.97%

Schools & Community

Elementary school: 

Van R Butler

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

$819,454
Asking price
$1,380,000
Closing costs (~8% of asking)
-$110,400
Est. remaining loan balance
-$450,146
Cash to seller
$819,454

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

Seller’s Loan History

Lender

Bank Of England

Loan start date

December 2021

Original loan amount

$480,000

Est. remaining balance

$450,146

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Harold Stinson Truitt and Stephanie Smith Truitt

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: Pending/Under Contract

Tomo last checked: 11/03/2024 at 9:10 AM

Listing updated: 10/05/2024 at 11:19 AM

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

MLS: EmeraldCoast #957555

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