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$239,900

Beds
2
Baths
1.0
sq ft
1,056

3491 Quail Ridge Dr, Chipley, FL 32428

3491 Quail Ridge Dr

Chipley, FL 32428

  • 176 days on market
    • Price drop $10,000↓
Just reduced this lovely LAKE HOUSE! This lakefront cabin is on Lake Suzanne inside the Leisure Lakes Community. This well maintained cabin has a sweet southern charm offering a large covered front porch with rocking chairs and a front porch swing! Upon entering the home is a large breezeway/hallway guiding you to 2 large bedrooms and full bath on one side of the home and an open living area on the other side of the home which was common for the era in which the home was built. The flex room at the end of the breezeway is perfect for a dining room, sitting room, etc. The view from this room is spectacular overlooking the lake. The interior of the home features high ceilings with wood walls, ceilings and floors. The exterior of the home offers a laundry room just outside of the flex room, a large lake lot with over acre of land to run and play as well as an oversized parking area. The amenities in the Leisure Lakes Community include fishing, a community picnic pavilion with pool on the main lake, tennis courts, basketball court and a playground. You must see this home! It's perfect for full time living in a quiet country setting or a simple weekend getaway for your family only 45 min to the beaches! Roof age is approx. 9 years old, new hot water heater and the home has been appraised at $250,000.00! The home has been under contract before but fell through because the buyer could not sell his home! Neighborhood is gated, you'll need to schedule a showing. All room sizes are approximate, please verify if important.

Details

Property type

Single Family Residence

Est. home value

$197,563

Lot size

1.03 acres

Price per sq ft

$228

Year built

1960

Annual property taxes

$1,711

Monthly HOA fee

$20.83

Price History

02/03/2025
CentralPanhandle

CentralPanhandle #762099

Price change
$239,900
-4%
12/16/2024
CentralPanhandle

CentralPanhandle #762099

Listed
$249,900
09/22/2024
CentralPanhandle

CentralPanhandle #762099

Pending
$249,900

Schools & Community

Elementary school: 

Vernon Elementary

Middle school: 

Vernon

High school: 

Chipley

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

$124,265
Asking price
$239,900
Closing costs (~8% of asking)
-$19,192
Est. remaining loan balance
-$96,443
Cash to seller
$124,265

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

September 2015

Original loan amount

$120,000

Est. remaining balance

$96,443

Interest rate

4.04%

Loan type

VA, 30 year

Seller

Gordon Westbrook and Debra J Westbrook

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: 02/23/2025 at 2:50 PM

Listing updated: 02/03/2025 at 12:09 PM

Listed by: Laura Hartzog, Coldwell Banker Realty Phone #: (850) 234-6696

MLS: CentralPanhandle #762099

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