tomo logo

$450,000

Beds
3
Baths
2.0
sq ft
1,898

229 Madison St, Freeport, FL 32439

229 Madison St

Freeport, FL 32439

  • 87 days on market
    • Price drop $9,000↓
2.5% VA Assumable Loan to qualified VA eligible buyers using their own entitlements.3 bedroom, 2 bathroom home with flex room, eat-in-kitchen, and formal dining room.Lots of potential for the 644 sq. foot accessory dwelling complete with air conditioning, tankless water heater, living area, bedroom, and full bathroom.Property is 1.37 acres and zoned R3. R3 details from the City of Freeport can be found in the documents.Roof: July 2024HVAC: 2019Water Heater: 2021 Newly installed vinyl plank flooring, fresh paint inside and out (including on the cabinets), updated bathrooms, and stainless steel appliances including a new range. The property welcomes you with a spacious lawn and beautiful oak trees, along with some fruit-producing trees, a garden, and compost. The location is superb, offering convenience at every turn. Shopping is just 0.1 miles away, restaurants are 0.4 miles, gas stations are 0.3 miles, and local schools, the Freeport Public Library, public pool, and City Hall are all within 0.5 miles - the hub of local events. The Regional Sports Complex, with youth and adult sports opportunities, walking trails, outdoor exercise equipment, and a disc golf course, is 1.5 miles away. Launch your boat from the Four Mile Creek Landing boat launch, less than half a mile from your doorstep, and explore the area by water. And if that's not enough, the white sand beaches of the Gulf of Mexico and 30A are less than 15 miles away. This unique property is a one-of-a-kind opportunity! Don't let it slip away, call to schedule a showing today! Buyer to verify any and all information deemed important.

Details

Property type

Single Family Residence

Est. home value

$386,240

Lot size

1.37 acres

Price per sq ft

$238

Year built

1984

Price History

10/26/2024
EmeraldCoast

EmeraldCoast #957701

Price change
$450,000
-1.96%
09/11/2024
EmeraldCoast

EmeraldCoast #957701

Price change
$459,000
-2.13%
08/25/2024
EmeraldCoast

EmeraldCoast #950342

Removed
$469,000

Schools & Community

Elementary school: 

Freeport

Middle school: 

Freeport

High school: 

Freeport

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Progress Bank & Trust

Loan start date

May 2021

Original loan amount

$254,000

Est. remaining balance

$235,580

Interest rate

3.13%

Loan type

VA, 30 year

Seller

Jacob H Lilburn and Amber A Lilburn

Lender

Mutual Of Omaha Bank

Loan start date

January 2018

Original loan amount

$216,015

Est. remaining balance

$186,299

Interest rate

3.9%

Loan type

FHA, 30 year

Seller

Jacob H Lilburn and Amber A Lilburn

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: 11/20/2024 at 8:15 AM

Listing updated: 11/19/2024 at 10:09 AM

Listed by: Amelia K Garrett, Coldwell Banker Realty Phone #: (850) 897-4563

MLS: EmeraldCoast #957701

EmeraldCoast logo

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