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$271,152Estimated home value

Beds
1
Baths
1.0
sq ft
750

4000 Gulf Terrace Dr Unit 2004, Destin, FL 32541

4000 Gulf Terrace Dr Unit 2004

Destin, FL 32541

  • Sold On 7/18/2022
Located in the heart of Destin! This second level one bedroom condo in Gulf Terrace is a real charmer with its fresh new look and feel and would make the perfect investment or full time residency. Conveniently located to many shops and restaurants allowing easy access to some of the city's best attractions! With a great price and a great new makeover, this unit is definitely one to see! Amenities in this gated community include: 3 pools, tennis courts, grills and community room. Tremendous investment opportunity!

Details

Property type

Condominium

Est. home value

$271,152

Lot size

Unknown

Price per sq ft

$380

Year built

1976

Monthly HOA fee

$474.65

Price History

10/25/2024
EmeraldCoast

EmeraldCoast #947419

Removed
$249,900
06/27/2024
EmeraldCoast

EmeraldCoast #947419

Price change
$249,900
-5.7%
04/16/2024
EmeraldCoast

EmeraldCoast #935184

Removed
$265,000
+1.96%

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

$38,011
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$224,189
Cash to seller
$38,011

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

Seller’s Loan History

Lender

Ocmbc Inc

Loan start date

July 2022

Original loan amount

$232,000

Est. remaining balance

$224,189

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Bryan Rehnberg and Kendra Lee Rehnberg

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: Off Market

Tomo last checked: 11/08/2024 at 4:25 AM

Listing updated: 10/25/2024 at 10:46 PM

Listed by: Scott Barton, Scott Barton, Sand Dunes Real Estate LLC Phone #: (850) 460-3262

MLS: EmeraldCoast #898885

EmeraldCoast logo

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