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$2,199,000

Beds
4
Baths
3.5
sq ft
2,280

431 Eastern Lake Rd, Santa Rosa Beach, FL 32459

431 Eastern Lake Rd

Santa Rosa Beach, FL 32459

  • 14 days on market
Welcome to Seagrove's quintessential beloved beach house just steps from Eastern Lake's Public Beach Access! This 4-bedroom, 3.5-bathroom home sleeps 12 guests comfortably, making it perfect for multi-generational families or group trips. There are several unique amenities, including a private saltwater pool plus multiple porches to relax on with Gulf and lake views.This home was recently renovated to include a state-of-the-art kitchen with stainless appliances, generous storage, quartz countertops and oversized island seating. The home showcases gorgeous oak hardwood floors throughout with tile floors in the updated baths.The first level has a primary suite with pool access plus 2 other bedrooms. Kitchen, dining, and living rooms are on the 2nd floor with 3rd floor viewing porch.

Details

Property type

Single Family Residence

Est. home value

$1,829,143

Lot size

3,920 sq ft

Price per sq ft

$965

Year built

2003

Price History

10/04/2024
EmeraldCoast

EmeraldCoast #960483

Listed
$2,199,000
+70.6%
03/13/2020
EmeraldCoast

EmeraldCoast #838372

Sold
$1,289,000

Schools & Community

Elementary school: 

Dune Lakes

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

$1,087,085
Asking price
$2,199,000
Closing costs (~8% of asking)
-$175,920
Est. remaining loan balance
-$935,995
Cash to seller
$1,087,085

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

Seller’s Loan History

Lender

Wilmington Savings Fund Society Fsb

Loan start date

March 2020

Original loan amount

$1,031,200

Est. remaining balance

$935,995

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

Jeffrey K Simpson and Katherine Simpson

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: 10/18/2024 at 10:30 AM

Listing updated: 10/17/2024 at 11:22 PM

Listed by: Jeffrey C Vernon, Jeffrey C Vernon, Jeffrey C Vernon, Lokation Phone #: (954) 545-5583

MLS: EmeraldCoast #960483

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