tomo logo

$199,999

Beds
3
Baths
2.0
sq ft
1,308

5274 Highway 77, Chipley, FL 32428

5274 Highway 77

Chipley, FL 32428

  • 62 days on market
    • Price drop $10,001↓
Welcome to your homesteading dream location with four acres of already sectioned-off property. A large barn w/tackroom and two other small sheds. The home is situated right on the main road of Highway 77 which would be perfect for operating any type of business straight from your house. The home features a newer roof, perimeter fencing and a spacious master bedroom and bathroom with a split floor plan. There is a single car garage and/or workshop with a concrete foundation. Electricity is already ran to the garage and barn but is not currently working. This home is a definite must-see if you enjoy spending time outside tinkering around or messing in a garden. The possibilities with this property are endless.

Details

Property type

Manufactured Home

Est. home value

$161,034

Lot size

4.08 acres

Price per sq ft

$153

Year built

1997

Annual property taxes

$1,735

HOA

No

Price History

10/25/2024
CentralPanhandle

CentralPanhandle #762969

Price change
$199,999
-4.76%
10/11/2024
CentralPanhandle

CentralPanhandle #762969

Price change
$210,000
-2.33%
09/20/2024
CentralPanhandle

CentralPanhandle #762969

Listed
$215,000
+53.57%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$58,961
Asking price
$199,999
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$125,038
Cash to seller
$58,961

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

Seller’s Loan History

Lender

Union Home Mortgage Corp

Loan start date

January 2022

Original loan amount

$133,000

Est. remaining balance

$125,038

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Mark Alan Watts and Rebekah Watts

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: 11/22/2024 at 2:15 PM

Listing updated: 10/28/2024 at 4:00 PM

Listed by: Whitny Loughry, Keller Williams Town & Country Phone #: (850) 201-4663

MLS: CentralPanhandle #762969

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