$148,500

Who owns this home?

Learn how this information can help you negotiate

Beds: 4
Baths: 2.5
sq ft: 2,000

3317 1st Ave N, Bonifay, FL 32425

3317 1st Ave N

Bonifay, FL 32425

119 days on market

Price drop $16,500↓

This HUD owned REO home is quite the find! Originally built in 2006, this craftsman styled home is roomy, has 4 bedrooms and 2 and 1/2 baths, a large open kitchen with separate dining space and massive front porch and covered back porch. The backyard is fenced and home comes with a small storage building. Vinyl siding adorns the exterior and metal roof completes this country feel. A must see to appreciate! Home is FHA insurable (IE).

Details

Property type

Single Family Residence

Est. home value

$284,000

Lot size

0.43 acres

Price per sq ft

$75

Year built

2006

Price History

11/14/2024

EmeraldCoast #957882

Price change

$148,500

-10%

08/26/2024

EmeraldCoast #957882

Listed

$165,000

-12%

07/14/2020

CentralPanhandle #694778

Sold

$187,500

Schools & Community

Elementary school:

Bonifay (HC)

Middle school:

Bonifay (HC)

High school:

Holmes Co (HC)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Department Of Housing & Urban Dev

Loan start date

September 2022

Original loan amount

$25,446

Est. remaining balance

$24,451

Interest rate

4.99%

Loan type

FHA, 28 year

Seller

Arthur Barnett and Kimberly L Barnett

Lender

County Of Holmes

Loan start date

July 2020

Original loan amount

$15,000

Est. remaining balance

Not provided

Interest rate

3.15%

Loan type

2nd Mortgage made to cover Down Payment

Seller

Arthur Barnett and Kimberly Barnett

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: 12/23/2024 at 3:15 AM

Listing updated: 11/14/2024 at 7:29 PM

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

MLS: EmeraldCoast #957882

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