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$550,000

Beds
4
Baths
2.5
sq ft
2,479

2340 Cummings Dr, Fort Walton Beach, FL 32547

2340 Cummings Dr

Fort Walton Beach, FL 32547

  • 41 days on market
3.625% assumable loan!Welcome to your dream home in Majestics Oaks at Ocean City, where luxury and convenience come together seamlessly! This stunning all-brick residence is just minutes from pristine beaches, military installations, shopping, and entertainment, offering you the perfect blend of comfort and accessibility.

Details

Property type

Single Family Residence

Est. home value

$511,632

Lot size

Unknown

Price per sq ft

$222

Year built

2016

Price History

08/06/2024
EmeraldCoast

EmeraldCoast #956350

Listed
$550,000
+15.79%
06/17/2021
EmeraldCoast

EmeraldCoast #871704

Sold
$475,000
+38.83%
04/13/2016
EmeraldCoast

EmeraldCoast #742759

Sold
$342,150

Schools & Community

Elementary school: 

Shalimar

Middle school: 

Pryor

High school: 

Choctawhatchee

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

$78,395
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$427,605
Cash to seller
$78,395

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

June 2021

Original loan amount

$460,000

Est. remaining balance

$427,605

Interest rate

2.98%

Loan type

VA, 30 year

Seller

Nicholas Steinke and Briana Steinke

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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34 Cinderella Ln NW, Fort Walton Beach, FL 32547

Status: Active

Tomo last checked: 09/16/2024 at 4:00 PM

Listing updated: 08/20/2024 at 11:13 PM

Listed by: Zarina S Ellis, Zarina S Ellis, Zarina S Ellis, Zarina S Ellis, Ellis Realty LLC Phone #: (910) 789-3656

MLS: EmeraldCoast #956350

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