tomo logo

$1,250,000

Beds
5
Baths
3.0
sq ft
3,045

53 Palmer Ln, Santa Rosa Beach, FL 32459

53 Palmer Ln

Santa Rosa Beach, FL 32459

  • 98 days on market
    • Price drop $125,000↓
Welcome to this exquisite 5-bedroom, 3-bathroom residence in Ocean Estates. Crafted with premium materials and finishes, this home is a masterpiece. Step inside to find a formal dining room and a study just off the foyer. The open kitchen boasts an island and KitchenAid appliances, perfect for effortless entertaining. Enjoy luxurious mornings with coffee on the spacious covered back porch. Throughout the home, discover vinyl plank flooring and plush carpeting in the bedrooms. Ideally situated between Highway 98 and Scenic Highway 30A. Indulge in top-notch dining options like Shunk Gulley, The Perfect Pig, Pizza by the Sea, Sunrise Coffee, and charming boutiques.

Details

Property type

Single Family Residence

Est. home value

$984,965

Lot size

8,276 sq ft

Price per sq ft

$411

Year built

2022

Price History

09/03/2024
EmeraldCoast

EmeraldCoast #952383

Price change
$1,250,000
-9.09%
08/13/2024
EmeraldCoast

EmeraldCoast #952383

Listed
$1,375,000
07/20/2024
EmeraldCoast

EmeraldCoast #952383

Pending
$1,375,000

Schools & Community

Elementary school: 

Van R Butler

Middle school: 

Emerald Coast

High school: 

South Walton

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

$343,340
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$806,660
Cash to seller
$343,340

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

Seller’s Loan History

Lender

Deephaven Mortgage Llc

Loan start date

February 2022

Original loan amount

$850,500

Est. remaining balance

$806,660

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

John Albert Bill Wells

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: 09/20/2024 at 1:50 PM

Listing updated: 09/03/2024 at 1:04 PM

Listed by: Jeremy E Ramsey, Five Star Properties RE FL Inc Phone #: (850) 204-3825

MLS: EmeraldCoast #952383

EmeraldCoast logo

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