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$1,575,000

Beds
3
Baths
2.5
sq ft
2,022

41 Summit Dr, Santa Rosa Beach, FL 32459

41 Summit Dr

Santa Rosa Beach, FL 32459

  • 79 days on market
    • Price drop $20,000↓
If you've been waiting for a home that is truly special, this is it.! Located in the Hidden Gem gated Community of Summer Ridge, where rentals are restricted. The home is beautifully renovated. From the moment you come through the gate the serenity is astounding. You'll enter the private courtyard and be surrounded in nature. A wall fountain, gas fire table and gas lighting create a serene ambiance you'll enjoy year round. Enter through the double mahogany and glass doors to be greeted with a spectacular great room. The cypress wood cathedral ceiling soars 13 ft. The gas fireplace is designed in the Tabby (shells) style with a custom pecky cypress mantle. The adjoining kitchen features custom made inset cabinetry, high quality appliances, and Montauk Quartz counter tops.

Details

Property type

Single Family Residence

Est. home value

$1,217,715

Lot size

6,098 sq ft

Price per sq ft

$779

Year built

2002

Monthly HOA fee

$193.33

Price History

10/26/2024
EmeraldCoast

EmeraldCoast #957162

Price change
$1,575,000
-1.25%
08/17/2024
EmeraldCoast

EmeraldCoast #957162

Listed
$1,595,000
+59.82%
09/20/2021
EmeraldCoast

EmeraldCoast #878227

Sold
$998,000
+62.28%

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

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

$1,132,410
Asking price
$1,575,000
Closing costs (~8% of asking)
-$126,000
Est. remaining loan balance
-$316,590
Cash to seller
$1,132,410

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

Seller’s Loan History

Lender

Southland Mortgage Corp

Loan start date

September 2021

Original loan amount

$340,000

Est. remaining balance

$316,590

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Paul P Landers and Deborah M Landers

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: 11/04/2024 at 5:05 PM

Listing updated: 11/04/2024 at 11:35 AM

Listed by: Deborah M Landers, Berkshire Hathaway HomeServices Phone #: (850) 534-3006

MLS: EmeraldCoast #957162

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