tomo logo

$310,000

Beds
3
Baths
1.0
sq ft
1,371

226 Edge Ave, Valparaiso, FL 32580

226 Edge Ave

Valparaiso, FL 32580

  • 9 days on market
Built in 1958, this charming all-brick home sits on a generous 0.29-acre lot, offering ample space for outdoor activities. Designed for both comfort and functionality, it blends vintage character with modern updates. Ideally located just one mile from the waterfront city park, which is perfect for outdoor leisure. and less than two miles from Eglin AFB, this home offers both charm and convenience. Inside, the thoughtfully designed layout includes a walk-through living and dining space, three bedrooms, and one bathroom. Major updates enhance both style and efficiency, including a full home rewire, kitchen remodel, HVAC and water heater replacement, impact windows, and a wind-rated garage door, all completed in 2015, along with a new roof in 2017. Whole-home gutters were also installed to improve durability and ease of maintenance. The fully fenced backyard provides plenty of space for entertaining, gardening, or future amenities, while the large patio creates the perfect setting for outdoor gatherings. A one-car garage and storage shed offer flexibility for extra storage, a home gym, or even a workshop. Though the seller has never lived in the home, it has consistently generated $1800-2,000 in monthly rental income, making it a fantastic investment opportunity. Whether you're looking for a primary residence or a rental property, this move-in-ready home is a must-see! Schedule your showing today! All information is deemed reliable but should be independently verified by buyers.

Details

Property type

Single Family Residence

Est. home value

$288,869

Lot size

0.29 acres

Price per sq ft

$227

Year built

1958

Price History

02/14/2025
EmeraldCoast

EmeraldCoast #968564

Listed
$310,000
+35.37%
05/21/2021
EmeraldCoast

EmeraldCoast #866856

Sold
$229,000

Schools & Community

Elementary school: 

Lewis

Middle school: 

Lewis

High school: 

Niceville

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

$127,088
Asking price
$310,000
Closing costs (~8% of asking)
-$24,800
Est. remaining loan balance
-$158,112
Cash to seller
$127,088

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

May 2021

Original loan amount

$171,750

Est. remaining balance

$158,112

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Jp N Ivey and Rachel Ivey

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: 02/23/2025 at 6:35 PM

Listing updated: 02/16/2025 at 5:29 AM

Listed by: Monica M Atkinson, Berkshire Hathaway HomeServices PenFed Realty Phone #: (850) 729-0176

MLS: EmeraldCoast #968564

EmeraldCoast logo

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