tomo logo

$490,000

Beds
2
Baths
2.5
sq ft
1,300

241 Ellis Rd Unit 50, Miramar Beach, FL 32550

241 Ellis Rd Unit 50

Miramar Beach, FL 32550

  • 1 day on market
    • Open house Oct 20
This beautiful MUST SEE townhome in Woodland Shores has two bedrooms both with ensuites. This townhome is an end unit in 2 block. The master bedroom has a balcony that overlooks the greenspace and there is an in unit washer and dryer. The home is beautifully decorated and comes fully furnished, it is ready to start renting or to enjoy it as a primary or second home. The community has a club house plus 2 pools one is heated and one is right next to the unit . The community is golf cart friendly. SHORT TERM RENTALS ARE ALLOWED. The projections on this unit are $49-55K. The location can't be beat and is in the middle of Miramar Beach with a short 3-5 minute walk to the beautiful Emerald waters. The access point is right next to Pompano Joes and there is free public parking and restroom.

Details

Property type

Townhouse

Est. home value

$512,029

Lot size

871 sq ft

Price per sq ft

$377

Year built

1994

Monthly HOA fee

$645

Price History

10/17/2024
EmeraldCoast

EmeraldCoast #961304

Listed
$490,000
+48.53%
03/26/2021
EmeraldCoast

EmeraldCoast #863285

Sold
$329,900
+27.37%
05/07/2020
EmeraldCoast

EmeraldCoast #843303

Sold
$259,000

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

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

$207,755
Asking price
$490,000
Closing costs (~8% of asking)
-$39,200
Est. remaining loan balance
-$243,045
Cash to seller
$207,755

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

March 2021

Original loan amount

$263,920

Est. remaining balance

$243,045

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Kathleen Carol Davis and Robert Buscher

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?

Status: Active

Tomo last checked: 10/18/2024 at 4:35 AM

Listing updated: 10/17/2024 at 4:35 PM

Listed by: Nicole H Rattler, Nicole H Rattler, LPT Realty LLC Phone #: (877) 366-2213

MLS: EmeraldCoast #961304

EmeraldCoast logo

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