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$500,000

Beds
4
Baths
2.0
sq ft
2,390

429 Cumberland Ave, Gulf Breeze, FL 32561

429 Cumberland Ave

Gulf Breeze, FL 32561

  • 59 days on market
    • Price drop $25,000↓
Square Footage includes 810 sq ft detached space with another kitchen, bathroom & other rooms. Wonderful home with a large backyard in Gulf Breeze! Located in the Casablanca neighborhood, this property features a newer roof (2023) along with a fenced backyard with a raised deck, a yard building, and an open patio area. The interior includes tile flooring throughout, an owner’s bedroom that is separate from the other bedrooms, and a spacious kitchen with granite countertops, stainless steel appliances, and plenty of cabinetry. The property is located within 2 miles of the shopping & restaurants in Gulf Breeze proper, the City of Gulf Breeze Recreation Center & Shoreline Park. The property is also within 5 miles of Pensacola Beach and within 7 miles of Downtown Pensacola. Detached space is not permitted with the city as living space and will not be permitted before closing.

Details

Property type

Single Family Residence

Est. home value

$421,899

Lot size

0.34 acres

Price per sq ft

$210

Year built

1957

HOA

No

Price History

11/13/2024
Pensacola

Pensacola #652909

Price change
$500,000
-4.76%
10/11/2024
Pensacola

Pensacola #652909

Price change
$525,000
-8.7%
09/24/2024
Pensacola

Pensacola #652909

Listed
$575,000
+245.35%

Schools & Community

Elementary school: 

Gulf Breeze

Middle school: 

Gulf Breeze

High school: 

Gulf Breeze

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

$360,933
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$99,067
Cash to seller
$360,933

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

Seller’s Loan History

Lender

Peoples First Community Bank

Loan start date

August 2007

Original loan amount

$150,000

Est. remaining balance

$99,067

Interest rate

6.63%

Loan type

Not Provided, 30 year

Seller

Charles T Cayson and Carolyn B Cayson

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: 11/23/2024 at 3:40 PM

Listing updated: 11/13/2024 at 1:05 PM

Listed by: Robert Brooks, ROB BROOKS REALTY Phone #: (850) 733-6440

MLS: Pensacola #652909

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Recently listed in Gulf Breeze