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$425,000

Beds
2
Baths
1.0
sq ft
762

231 Somerset Bridge Rd Unit 1110, Santa Rosa Beach, FL 32459

231 Somerset Bridge Rd Unit 1110

Santa Rosa Beach, FL 32459

  • 258 days on market
    • Price drop $25,000↓
This coastal updated condo is perfectly situated between Seagrove & Seaside. With new flooring, fresh paint, New HVAC, travertine, 10' ceilings & stainless steel appliances. Come make your summer memories biking down 30A or relaxing on the beautiful beaches. 2 beach cruisers bikes included. Plenty of room to park your golf cart too. Seagrove Highlands is aprox 750 yards from the sugar white beaches & crystal clear, emerald green waters of the Gulf of Mexico.Santa Rosa Beach is one of the most desirable areas along the panhandle of Florida where you can enjoy several state Parks, like popular Grayton Beach State Park & Camp Helen State Park. Seaside, Watercolor are less than 3 miles from Seagrove Highlands which host public events, local festivals, galleries, restaurants & shopping.

Details

Property type

Condominium

Est. home value

$453,127

Lot size

Unknown

Price per sq ft

$558

Year built

2006

Monthly HOA fee

$630.33

Price History

08/20/2024
EmeraldCoast

EmeraldCoast #946913

Price change
$425,000
-5.56%
04/09/2024
EmeraldCoast

EmeraldCoast #946913

Listed
$450,000
+95.65%
02/21/2020
EmeraldCoast

EmeraldCoast #839042

Sold
$230,000
+130%

Schools & Community

Elementary school: 

Dune Lakes

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

$203,882
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$187,118
Cash to seller
$203,882

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

Seller’s Loan History

Lender

Renasant Bank

Loan start date

February 2020

Original loan amount

$207,000

Est. remaining balance

$187,118

Interest rate

3.72%

Loan type

New Conventional, 30 year

Seller

Christopher Ross Dial and Bailey Price Dial

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: 12/23/2024 at 1:15 AM

Listing updated: 11/14/2024 at 12:16 PM

Listed by: Tiffani L Salinas, Tiffani L Salinas, Compass Phone #: (305) 851-2820

MLS: EmeraldCoast #946913

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