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$420,000

Beds
3
Baths
2.5
sq ft
1,772

229 Twin Lakes Ln, Destin, FL 32541

229 Twin Lakes Ln

Destin, FL 32541

  • 55 days on market
    • Price drop $5,000↓
Charming 3-Bedroom home located in the desirable Twin Lakes neighborhood Centrally located in Destin. With over 1700 sq feet of living space, a new roof in 2021, this property offers a fantastic opportunity to make it your own with a few updates. The spacious first floor plan includes a large living area with hardwood floors, an updated kitchen with granite and stainless appliances, laundry room, and more. The primary bedroom features an ensuite bath, and two additional bedrooms provide ample space for family or guests.

Details

Property type

Single Family Residence

Est. home value

$423,960

Lot size

3,485 sq ft

Price per sq ft

$238

Year built

2002

Monthly HOA fee

$31.33

Price History

10/21/2024
EmeraldCoast

EmeraldCoast #959154

Price change
$420,000
-1.18%
09/14/2024
EmeraldCoast

EmeraldCoast #959154

Listed
$425,000
+73.47%
06/28/2018
EmeraldCoast

EmeraldCoast #798853

Sold
$245,000
+13.11%

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Fort Walton Beach

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

$162,709
Asking price
$420,000
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$223,691
Cash to seller
$162,709

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

Seller’s Loan History

Lender

Regions Bank

Loan start date

August 2021

Original loan amount

$244,250

Est. remaining balance

$223,691

Interest rate

3.02%

Loan type

New Conventional, 26 year

Seller

Stephen C Vallette

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: 11/08/2024 at 6:15 AM

Listing updated: 10/21/2024 at 10:40 AM

Listed by: John J Holahan, John Holahan, John J Holahan, Better Homes and Gardens Real Estate Emerald Coast Phone #: (850) 837-8880

MLS: EmeraldCoast #959154

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