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$398,000

Beds
3
Baths
2.0
sq ft
1,800

507 Fanny Ann Way, Freeport, FL 32439

507 Fanny Ann Way

Freeport, FL 32439

  • 91 days on market
    • Price drop $1,000↓
Discover this cute coastal cottage, a meticulously maintained 3 bedroom, 2 bath, single story charmer. It is Hammock Bay, nearby to ALL amenities including basketball and tennis courts, swimming pools, club house, gym and a NEW middle school in the top 10 ranked Walton County school district. also driving distance are all existing and coming commercial amenities but you are tucked away from the hustle and bustle. You'll love the open and airy floor plan combining modern elegance with cozy living. Upgrades in the kitchen include a beautiful backsplash which complements the beautiful granite countertops and Samsung refrigerator and dishwasher. All bedrooms are equipped with ceiling fans and the AC has a Reme-Halo filter installed to clean the air of germs and dust. The large master suite has a spacious walk-in closet and luxurious bath boasting a relaxing tub and walk in shower as well as double sinks with granite countertops. As you step out the back door, you'll find one of the largest back yards in Schooner Landing backed up to a deeded Conservancy Easement which adds to the peaceful setting. Enjoy a cup of coffee on the shaded deck or build a fire in fire pit to enjoy s'mores or maybe a glass of wine, creating many cherished memories. Buyer to verify all information and measurements deemed necessary.

Details

Property type

Single Family Residence

Est. home value

$392,583

Lot size

9,148 sq ft

Price per sq ft

$222

Year built

2014

Monthly HOA fee

$336

Price History

02/28/2025
EmeraldCoast

EmeraldCoast #964026

Price change
$398,000
-0.25%
12/03/2024
EmeraldCoast

EmeraldCoast #964026

Listed
$399,000
+78.92%
06/19/2019
CentralPanhandle

CentralPanhandle #679605

Sold
$223,000
+20.61%

Schools & Community

Elementary school: 

Freeport

Middle school: 

Freeport

High school: 

Freeport

Community features: 

Pool, Tennis Court(s)

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

$158,202
Asking price
$398,000
Closing costs (~8% of asking)
-$31,840
Est. remaining loan balance
-$207,958
Cash to seller
$158,202

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

April 2020

Original loan amount

$231,700

Est. remaining balance

$207,958

Interest rate

3.29%

Loan type

VA, 30 year

Seller

Larry Gay and Margaret Renee Gay

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: 03/04/2025 at 1:15 PM

Listing updated: 03/04/2025 at 10:49 AM

Listed by: Sherry J Gudinez, Sherry J Gudinez, Fathom Realty FL LLC Phone #: (888) 455-6040

MLS: EmeraldCoast #964026

EmeraldCoast logo

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