$888,650

Seller could get up to $719,445

Learn how this information can help you negotiate

Beds: 3
Baths: 2.0
sq ft: 2,403

343 Oaklake Ln, Niceville, FL 32578

343 Oaklake Ln

Niceville, FL 32578

168 days on market

Price drop $11,250↓

SELLER MOTIVATED TO SELL THIS HOLIDAY SEASON, SO CALL FOR PRIVATE SHOWING. SELLER WILL CONSIDER ALL OFFERS - This 0.4 acre lot has ample room for additional builds like a guest house, home office, Garage Apartment, or pool w/enclosure & pool house. For more building options, see the attached Okaloosa County Land Development Code. Now up to 2019 building codes, this recently rebuilt home is a must-see in Bluewater Bay Resort. Key features - All-New Kitchen: Stunning quartzite countertops, solid maple cabinets, & stainless-steel appliances. Living Room: Vaulted ceilings & gas fireplace w/new chimney. Hurricane Protection: All new high-impact windows, fully insulated garage w/new high-impact garage door. A heated/cooled Florida room plus expansive screened-in porch perfect for entertainin Discover all the updates & upgrades in the document section.

Details

Property type

Single Family Residence

Est. home value

$505,073

Lot size

0.40 acres

Price per sq ft

$370

Year built

2019

Price History

09/20/2024

EmeraldCoast #954123

Price change

$888,650

-1.25%

07/08/2024

EmeraldCoast #954123

Listed

$899,900

+349.95%

02/25/2016

EmeraldCoast #744420

Sold

$200,000

Schools & Community

Elementary school:

Plew

Middle school:

Ruckel

High school:

Niceville

Community features: Pool, Tennis Court(s)

Community features:

Pool, Tennis Court(s)

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

$719,445

Asking price

$888,650

Closing costs (~8% of asking)

-$71,092

Est. remaining loan balance

-$98,113

Cash to seller

$719,445

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

Seller’s Loan History

Lender

Countrywide Home Loans Inc

Loan start date

May 2004

Original loan amount

$196,000

Est. remaining balance

$98,113

Interest rate

5.52%

Loan type

Not Provided, 30 year

Seller

Emilio M Cinelli and Huci Jiang Lin Cinelli

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 2:20 PM

Listing updated: 12/23/2024 at 9:44 AM

Listed by: Kenneth M Wright, Kenneth M Wright, Kenneth Wright Jr, Kenneth Wright Jr, Kenneth M Wright Jr, Kenneth M Wright Jr, Kenneth M Wright Jr, Kenneth Wright Jr, Kenneth M Wright Jr, Kenneth Wright Jr, Century 21 AllPoints Realty Phone #: (850) 678-5161

MLS: EmeraldCoast #954123

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