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$1,398,000

Beds
4
Baths
3.5
sq ft
2,692

21 Ruth St, Miramar Beach, FL 32550

21 Ruth St

Miramar Beach, FL 32550

  • 151 days on market
    • Price drop $100,000↓
Fully Furnished Coastal Beach Cottage In Villas of Frangista- Gated Beach Community with Deeded Beach AccessSituated in Phase 2 of the sought-after gated community of Frangista Beach. This open, light & airy 2-story home is finished with modern coastal touches making it inviting & relaxing. It features 4 spacious bedrooms, media/game room. Can comfortably sleep 11. The kitchen has stainless steel appliances, quartz counter tops, subway tile backsplash, & original coastal art gallery accent pieces. Screened porch provides indoor/outdoor synergy. Large Community Pool - 6 blocks to the beach Spacious open floor plan9-foot ceilingsHardwood floors 2 Car GarageFenced BackyardOutdoor ShowerMake this your primary home, second home or vacation rental property!

Details

Property type

Single Family Residence

Est. home value

$1,449,967

Lot size

4,792 sq ft

Price per sq ft

$520

Year built

2019

Monthly HOA fee

$150

Price History

09/02/2024
EmeraldCoast

EmeraldCoast #947728

Listed
$1,398,000
09/01/2024
EmeraldCoast

EmeraldCoast #947728

Removed
$1,398,000
05/20/2024
EmeraldCoast

EmeraldCoast #947728

Price change
$1,398,000
-6.68%

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

$653,284
Asking price
$1,398,000
Closing costs (~8% of asking)
-$111,840
Est. remaining loan balance
-$632,876
Cash to seller
$653,284

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

May 2022

Original loan amount

$660,000

Est. remaining balance

$632,876

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Yvonne Summerfield and August M Summerfield

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: 09/16/2024 at 4:05 PM

Listing updated: 09/02/2024 at 1:14 PM

Listed by: Yvonne Summerfield, Yvonne Summerfield, RE/MAX Sand & Sun Phone #: (850) 781-5596

MLS: EmeraldCoast #947728

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