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$234,000

Beds
3
Baths
2.0
sq ft
1,304

329 Timber Wind Dr, Defuniak Springs, FL 32433

329 Timber Wind Dr

DeFuniak Springs, FL 32433

  • 6 days on market
Built in 2004, this 3 bedroom 2 bath REO home oozes possibilities. Other than a few minor repairs, this 1304 sf home has vinyl siding, fenced yard, and single car garage. Roof and HVAC are relatively newer. Home was upgraded in the past with some nice updates including shiplap, modern fixtures, barn door to master bath and granite tops in the kitchen. Galley style kitchen has stainless appliances, breakfast area and leads to the single car garage. Home comes with solar panels, though seller has never used the panels and therefore has no knowledge of usefulness or reliability. Home is ready for new owners and is FHA IE (Insurable with Escrows if required). A must see to appreaciate!

Details

Property type

Single Family Residence

Est. home value

$256,643

Lot size

0.25 acres

Price per sq ft

$180

Year built

2004

Price History

03/27/2025
EmeraldCoast

EmeraldCoast #972535

Listed
$234,000
-11.66%
03/26/2024
EmeraldCoast

EmeraldCoast #936128

Removed
$264,900
02/26/2024
EmeraldCoast

EmeraldCoast #936128

Price change
$264,900
-3.67%

Schools & Community

Elementary school: 

West Defuniak

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

-$14,744
Asking price
$234,000
Closing costs (~8% of asking)
-$18,720
Est. remaining loan balance
-$230,024
Cash to seller
-$14,744

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

Seller’s Loan History

Lender

University Lending Group Llc

Loan start date

September 2022

Original loan amount

$238,705

Est. remaining balance

$230,024

Interest rate

5.3%

Loan type

FHA, 30 year

Seller

Jeremy Edward Layne Holmes

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: 04/02/2025 at 10:30 PM

Listing updated: 03/29/2025 at 7:41 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 #972535

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