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$249,500

Beds
2
Baths
2.0
sq ft
982

4000 Gulf Terrace Dr Unit 180, Destin, FL 32541

4000 Gulf Terrace Dr Unit 180

Destin, FL 32541

  • 257 days on market
    • Price drop $40,500↓
Two bedroom condo with open style living room, breakfast-bar style seating, and kitchen with quartz countertop and luxury vinyl plank flooring. Community amenities abound at Gulf Terrace. Enjoy the beauty of our large lake, or take dip in one of our three pools on a hot summer afternoon. With gazebos, green spaces, picnic areas and outdoor barbecues, you can rest and have fun without leaving the gated community. Centrally located for attractions around Destin.

Details

Property type

Condominium

Est. home value

$278,954

Lot size

Unknown

Price per sq ft

$255

Year built

1973

Monthly HOA fee

$490

Price History

07/02/2024
EmeraldCoast

EmeraldCoast #939428

Price change
$249,500
-13.97%
01/05/2024
EmeraldCoast

EmeraldCoast #939428

Listed
$290,000
+20.83%
06/22/2022
EmeraldCoast

EmeraldCoast #900343

Sold
$240,000

Schools & Community

Elementary school: 

Destin

Middle school: 

Destin

High school: 

Destin

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

$161,851
Asking price
$249,500
Closing costs (~8% of asking)
-$19,960
Est. remaining loan balance
-$67,689
Cash to seller
$161,851

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

October 2014

Original loan amount

$85,400

Est. remaining balance

$67,689

Interest rate

4.1%

Loan type

New Conventional, 30 year

Seller

Frances Rodgers and Frances E Haney

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: 09/18/2024 at 9:20 PM

Listing updated: 08/14/2024 at 9:23 AM

Listed by: Jonathan Minerick, homecoin.com Phone #: (888) 400-2513

MLS: EmeraldCoast #939428

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