tomo logo

$1,825,000

Beds
4
Baths
4.5
sq ft
3,045

26 W Majestic Palm Dr, Inlet Beach, FL 32461

26 W Majestic Palm Dr

Inlet Beach, FL 32461

  • 304 days on market

Details

Property type

Single Family Residence

Est. home value

$1,573,657

Lot size

Unknown

Price per sq ft

$600

Year built

2023

Monthly HOA fee

$350

Price History

08/07/2024
EmeraldCoast

EmeraldCoast #936953

Listed
$1,825,000
06/15/2024
EmeraldCoast

EmeraldCoast #936953

Removed
$1,825,000
11/19/2023
EmeraldCoast

EmeraldCoast #936953

Listed
$1,825,000

Schools & Community

Elementary school: 

Dune Lakes

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

$555,068
Asking price
$1,825,000
Closing costs (~8% of asking)
-$146,000
Est. remaining loan balance
-$1,123,932
Cash to seller
$555,068

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

Seller’s Loan History

Lender

Banksouth Mortgage Company Llc

Loan start date

March 2023

Original loan amount

$1,143,750

Est. remaining balance

$1,123,932

Interest rate

6.09%

Loan type

New Conventional, 30 year

Seller

Seyoum Petros

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: 09/18/2024 at 9:00 PM

Listing updated: 08/22/2024 at 10:23 AM

Listed by: Angie M Burdeshaw, Paradise Property Brokers Inc Phone #: (850) 420-2494

MLS: EmeraldCoast #936953

EmeraldCoast logo

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