tomo logo

$1,990,000

Beds
5
Baths
4.5
sq ft
3,222

386 Redbud Ln, Inlet Beach, FL 32461

386 Redbud Ln

Inlet Beach, FL 32461

  • 121 days on market
    • Price drop $300,000↓
Newly enhanced with a private pool, this stylish beach home offers elegant finishes in a beautiful wooded setting on the coveted east end of 30A. Immerse yourself in the natural surroundings as hardwood flooring and hand-hewn beamed ceilings set the tone for a tranquil and elegant ambiance. Floor-to-ceiling windows and doors seamlessly connect the interior with the outdoors, leading to the screened-in wraparound porch, ideal for alfresco gatherings and relaxation by the porch's fireplace. Interior features include custom light fixtures, exquisite decor and furnishings, and high end trim details throughout. The heart of the home, the spacious kitchen, exudes luxury with cool white quartz countertops, complemented by Kohler fixtures and KitchenAid stainless appliances. The open layout also features a comfortable family room on the first floor that opens directly to the private pool area, surrounded by the property's lush landscaping, enhanced by extensive lighting and irrigation. With five beautiful bedrooms, and a built-in bunk room, this residence offers ample space for family vacations and large-scale gatherings. This property also presents the option to purchase the adjacent lot for added privacy. The community's amenities include tram service to the private community beach access complete with chair set-up, ensuring ultimate comfort and convenience for enjoying days at the beach. The home is a casual stroll or bike ride into Seacrest, Alys, and Rosemary Beaches which offer a delightful selection of restaurants, shops, and entertainment, further enriching the coastal lifestyle experience.

Details

Property type

Single Family Residence

Est. home value

$2,270,316

Lot size

3,049 sq ft

Price per sq ft

$618

Year built

2016

Monthly HOA fee

$245

Price History

11/21/2024
EmeraldCoast

EmeraldCoast #957681

Price change
$1,990,000
-13.1%
09/01/2024
EmeraldCoast

EmeraldCoast #957681

Price change
$2,290,000
-11.89%
08/24/2024
EmeraldCoast

EmeraldCoast #943671

Removed
$2,599,000
+4.38%

Schools & Community

Elementary school: 

Bay

Middle school: 

Emerald Coast

High school: 

South Walton

Community features: 

Gated, 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

$1,103,597
Asking price
$1,990,000
Closing costs (~8% of asking)
-$159,200
Est. remaining loan balance
-$727,203
Cash to seller
$1,103,597

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

October 2021

Original loan amount

$780,000

Est. remaining balance

$727,203

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Timothy Burns and Annette W Burns

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 7:10 PM

Listing updated: 12/16/2024 at 11:29 AM

Listed by: Nick D Phillips, Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: EmeraldCoast #957681

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