tomo logo

$400,000

Beds
4
Baths
2.0
sq ft
1,620

301 S Lorraine Dr, Mary Esther, FL 32569

301 S Lorraine Dr

Mary Esther, FL 32569

  • 32 days on market
This fully renovated 4-bedroom, 2-bathroom home is located in one of the most desirable neighborhoods, offering a perfect mix of modern style and timeless elegance.Recent upgrades include a updated Roof, HVAC system, Water Heater, and upgraded Flooring. The kitchen is a true centerpiece, featuring stainless steel appliances, floor-to-ceiling cabinets, and a chic backsplash that enhances the abundant natural light in this gourmet space.The open and airy floor plan is designed to accommodate both entertaining and daily living, making it perfect for family gatherings and quiet evenings alike.

Details

Property type

Single Family Residence

Est. home value

$370,103

Lot size

9,148 sq ft

Price per sq ft

$247

Year built

1968

Price History

08/18/2024
EmeraldCoast

EmeraldCoast #957231

Listed
$400,000
+7.24%
10/23/2023
EmeraldCoast

EmeraldCoast #932060

Sold
$373,000
+227.19%
09/29/2016
EmeraldCoast

EmeraldCoast #758342

Sold
$114,000

Schools & Community

Elementary school: 

Mary Esther

Middle school: 

Bruner

High school: 

Fort Walton Beach

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

-$9,886
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$377,886
Cash to seller
-$9,886

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

Seller’s Loan History

Lender

Primelending

Loan start date

October 2023

Original loan amount

$381,019

Est. remaining balance

$377,886

Interest rate

7.12%

Loan type

VA, 30 year

Seller

Raina Ming Na Simkovic

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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113 N Audrey Cir NW, Fort Walton Beach, FL 32548

Status: Active

Tomo last checked: 09/19/2024 at 12:20 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 #957231

EmeraldCoast logo

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