tomo logo

$424,900

Beds
5
Baths
2.0
sq ft
2,043

3707 Bay Tree Rd, Lynn Haven, FL 32444

3707 Bay Tree Rd

Lynn Haven, FL 32444

  • 59 days on market
    • Price drop $5,000↓
This spacious home is located in the wonderful subdivision of The Hammocks, centrally located to shopping and dining and this subdivision has just recently renovated the community pool. The home features vaulted ceilings, an open floor plan concept, tray ceiling in the master bedroom, huge soaking tub, brand new water heater and more. The converted garage created the 5th bedroom, yet still allows enough storage area to be practical. The 5th bedroom has a brand new barn door on the closet entry and its own brand new mini split heat and air system and would serve nicely as a 5th bedroom or easily convert to a mother-in-law suite since the water heater is accessible in that room. The fully fenced backyard boasts a beautiful vinyl white fence as well as covered patio area to enjoy a nice morning or evening relaxation time. Call for an appointment to view! POSSIBLE ASSUMABLE FHA MORTGAGE.

Details

Property type

Single Family Residence

Est. home value

$366,008

Lot size

9,342 sq ft

Price per sq ft

$208

Year built

2005

Annual property taxes

$4,477

Monthly HOA fee

$51.85

Price History

02/07/2025
CentralPanhandle

CentralPanhandle #766227

Price change
$424,900
-1.16%
12/13/2024
CentralPanhandle

CentralPanhandle #766227

Listed
$429,900
+10.26%
09/06/2024
CentralPanhandle

CentralPanhandle #759272

Removed
$389,900

Schools & Community

Elementary school: 

Hiland Park

Middle school: 

Mowat

High school: 

Mosley

Community features: 

Pool

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

$77,635
Asking price
$424,900
Closing costs (~8% of asking)
-$33,992
Est. remaining loan balance
-$313,273
Cash to seller
$77,635

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

February 2022

Original loan amount

$333,841

Est. remaining balance

$313,273

Interest rate

3.11%

Loan type

FHA, 30 year

Seller

Sara Hobbs

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: 02/12/2025 at 4:50 PM

Listing updated: 02/07/2025 at 11:29 AM

Listed by: Barb J Hoyt, Investors Advantage RE Phone #: (850) 896-4137

MLS: CentralPanhandle #766227

CentralPanhandle logo

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