tomo logo

$1,395,000

Beds
4
Baths
3.0
sq ft
2,964

396 Revana Way, Freeport, FL 32439

396 Revana Way

Freeport, FL 32439

  • 4 days on market
This lake front estate is the 2020 Parade of Homes first place ribbon winner and it is located in the Hammock Bay community. This stunning model home features exterior architectural details highlighted by a paver driveway, gas lanterns, a firepit on the Lanai, low voltage up lighting with lush landscaping in the front and rear yards and a private pool with hot tub. The oversized covered and screened lanai features a fireplace, upscale floor tiles, a full summer kitchen with a stainless refrigerator, a storage cabinet, a natural gas grill, granite counter tops, an 8-person dining table and a wall mounted exterior grade TV. Your view from the lanai is a lake backed up by a wooded preserve. This is the ONLY lot in this SD that is 100% on a lake!

Details

Property type

Single Family Residence

Est. home value

$1,321,530

Lot size

0.37 acres

Price per sq ft

$471

Year built

2020

Monthly HOA fee

$246.67

Price History

10/31/2024
EmeraldCoast

EmeraldCoast #962190

Listed
$1,395,000
+45.77%
02/26/2021
EmeraldCoast

EmeraldCoast #863113

Sold
$957,000

Schools & Community

Elementary school: 

Freeport

Middle school: 

Freeport

High school: 

Freeport

Community features: 

Gated, 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

$917,025
Asking price
$1,395,000
Closing costs (~8% of asking)
-$111,600
Est. remaining loan balance
-$366,375
Cash to seller
$917,025

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

Seller’s Loan History

Lender

Progress Bank & Trust

Loan start date

February 2021

Original loan amount

$400,000

Est. remaining balance

$366,375

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Kevin Lyday and Kevin Lyday Revocable Trust

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?

Status: Active

Tomo last checked: 11/04/2024 at 11:20 PM

Listing updated: 11/01/2024 at 2:55 PM

Listed by: Matthew J Buttner, List Now Realty Phone #: (352) 385-7636

MLS: EmeraldCoast #962190

EmeraldCoast logo

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