tomo logo

$161,000

Beds
3
Baths
2.0
sq ft
3,005

2665 Oak St, Cottondale, FL 32431

2665 Oak St

Cottondale, FL 32431

  • 50 days on market
Built in 1962 and located in the heart of the charming city of Cottondale, the large HUD REO property might just be the one you've been looking for! This 3 bedroom 2 bath home is 3005sf, located on a large 0.87 acre corner lot and comes with an in-ground pool. Home's character certainly shines and is consistent with the area. Home does need repair and will not quality for most financing, but certainly FHA rehab loans as well as conventional loan products. If looking for a home that has a large footprint with an oversized lot, this certainly may be the one for you. Home is FHA IE (insured with escrows).

Details

Property type

Single Family Residence

Est. home value

$238,388

Lot size

0.87 acres

Price per sq ft

$54

Year built

1962

Price History

02/19/2025
EmeraldCoast

EmeraldCoast #969021

Listed
$161,000
+76.92%
01/29/2018
CentralPanhandle

CentralPanhandle #651478

Sold
$91,000
+259.61%
09/16/2015
CentralPanhandle

CentralPanhandle #642307

Sold
$25,305

Schools & Community

Elementary school: 

Cottondale

Middle school: 

Cottondale

High school: 

Cottondale

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

$42,301
Asking price
$161,000
Closing costs (~8% of asking)
-$12,880
Est. remaining loan balance
-$105,819
Cash to seller
$42,301

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

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

January 2018

Original loan amount

$123,684

Est. remaining balance

$105,819

Interest rate

3.94%

Loan type

FHA, 30 year

Seller

Ronny Joe Kent

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?

Similar Homes Nearby

A home in MARIANNA
A home in MARIANNA
StellarMLS
$142,000
2 bd
|
1 ba
|
1,264 sq ft
|
House

2859 Orange St, Marianna, FL 32448

A home in Bonifay
A home in Bonifay
A home in Bonifay
A home in Bonifay
A home in Bonifay
A home in Bonifay
A home in Bonifay
A home in Bonifay
A home in Bonifay
A home in Bonifay
A home in Bonifay
A home in Bonifay
A home in Bonifay
A home in Bonifay
A home in Bonifay
A home in Bonifay
A home in Bonifay
A home in Bonifay
A home in Bonifay
A home in Bonifay
A home in Bonifay
A home in Bonifay
A home in Bonifay
A home in Bonifay
Beaches
$167,000
4 bd
|
3 ba
|
2,582 sq ft
|
House

501 Hadas Ln, Bonifay, FL 32425

A home in Chipley
A home in Chipley
A home in Chipley
A home in Chipley
A home in Chipley
Price drop
CentralPanhandle
$139,500
2 bd
|
1 ba
|
936 sq ft
|
House

1051 Highway 90, Chipley, FL 32428

Status: Active

Tomo last checked: 04/10/2025 at 3:20 AM

Listing updated: 02/20/2025 at 12:39 PM

Listed by: Cosmo Spellings, Cosmo Spellings, Cosmo Spellings, Cosmo Spellings, Cosmo M Spellings, Assurance Realty of NWFL LLC Phone #: (850) 306-3989

MLS: EmeraldCoast #969021

EmeraldCoast logo

Recently listed in Cottondale

$249,999|3 bd|2.0 ba|House
$629,000|4 bd|2.5 ba|House
$449,500|3 bd|2.0 ba|House
$134,999|3 bd|1.0 ba|House
$220,000|4 bd|2.0 ba|Manufactured
$450,000|4 bd|3.0 ba|House
$275,000|3 bd|2.0 ba|House
$161,000|3 bd|2.0 ba|House
$120,000|2 bd|2.0 ba|Manufactured
$129,000|2 bd|1.0 ba|House

Explore top cities in Florida