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$725,000

Beds
3
Baths
2.5
sq ft
1,772

54 Topside Dr, Inlet Beach, FL 32461

54 Topside Dr

Inlet Beach, FL 32461

  • 239 days on market
    • Price drop $25,000↓
VERY DRASTIC PRICE REDUCTION!! Highly motivated seller. Gorgeously stunning beach bungalow in the heart of Inlet Beach, just a quick stroll to the sugar white sands and emerald waters of the Gulf of Mexico. This meticulously maintained home features a first floor open kitchen, dining and living room concept with lots of light and a truly beach getaway ambience. There is a patio just outside of the dining room for relaxing conversation or grilling up that perfect meal after a day at the beach. In the main hall entry there is a powder room and the one car garage entry. The second floor boasts three bedrooms, a Jack and Jill bath as well as an en suite off the master and is finished in a light and airy elegant and relaxing motif.

Details

Property type

Single Family Residence

Est. home value

$794,926

Lot size

Unknown

Price per sq ft

$410

Year built

2014

Monthly HOA fee

$54.17

Price History

10/16/2024
EmeraldCoast

EmeraldCoast #945007

Price change
$725,000
-3.33%
10/09/2024
EmeraldCoast

EmeraldCoast #945007

Price change
$750,000
-3.23%
10/01/2024
EmeraldCoast

EmeraldCoast #945007

Removed
$775,000

Schools & Community

Elementary school: 

Bay

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

$266,425
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$400,575
Cash to seller
$266,425

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

April 2021

Original loan amount

$433,200

Est. remaining balance

$400,575

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Timothy H Schrenker and Melissa C Schrenker

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: 11/04/2024 at 5:10 PM

Listing updated: 10/29/2024 at 10:46 PM

Listed by: Robert L Shoemaker, Robert L Shoemaker, Berkshire Hathaway HomeServices Phone #: (850) 534-3006

MLS: EmeraldCoast #945007

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