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$563,000

Beds
3
Baths
2.0
sq ft
1,682

294 Holley King Rd, Defuniak Springs, FL 32433

294 Holley King Rd

DeFuniak Springs, FL 32433

  • 97 days on market
    • Price drop $11,000↓
Fully furnished lakefront home with no HOA! Amazing opportunity to purchase 5.82 waterfront acres on King's Lake! With 244 waterfront ft and zoned Rural Village (2 units per acre), this 3/2 will make the perfect primary home, second home, short term rental, or profitable investment property. King's Lake is known to be a fantastic fishing lake and is stocked with a variety of fish species, including largemouth bass, bluegill, and catfish. DeFuniak Springs is a charming town known for its unique architecture, historic district, fun events, and small-town feel.

Details

Property type

Single Family Residence

Est. home value

$494,877

Lot size

5.82 acres

Price per sq ft

$335

Year built

1995

Price History

10/15/2024
EmeraldCoast

EmeraldCoast #955781

Price change
$563,000
-1.92%
07/30/2024
EmeraldCoast

EmeraldCoast #955781

Listed
$574,000
+15.03%
08/22/2022
EmeraldCoast

EmeraldCoast #902295

Sold
$499,000
+116.96%

Schools & Community

Elementary school: 

Maude Saunders

Middle school: 

Walton

High school: 

Walton

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

$58,718
Asking price
$563,000
Closing costs (~8% of asking)
-$45,040
Est. remaining loan balance
-$459,242
Cash to seller
$58,718

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

Seller’s Loan History

Lender

Ms Mortgage Llc

Loan start date

August 2022

Original loan amount

$474,050

Est. remaining balance

$459,242

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Caleb Pecht and Amy Willis Pecht

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: 11/04/2024 at 11:20 PM

Listing updated: 10/30/2024 at 10:47 PM

Listed by: 30AMY HOMES, Rising Star Real Estate Inc Phone #: (850) 613-6832

MLS: EmeraldCoast #955781

EmeraldCoast logo

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