tomo logo

$425,000

Beds
4
Baths
3.0
sq ft
2,197

540 John King Rd, Crestview, FL 32539

540 John King Rd

Crestview, FL 32539

  • 118 days on market
    • Price drop $25,000↓
VA Assumable Mortage 4.75% 4.43 ACRES SOUTH OF I-10!!! Charming Home with Expansive Land - This home is perfect for the Renovation Enthusiasts! Boasting almost 4 and half acres of tranquil surroundings, this serene setting offers endless possibilities for expansion, landscaping, and outdoor pursuits. This, 4 bed 3 bath home offers granite countertops, a glass tile backsplash and stainless-steel appliances in the kitchen. The living room offers a wonderful woodburning fireplace that's perfect to cozy up to on those chilly nights. Each bedroom is spacious and offers ample closet space. With all the outdoor activities you will love at this property and there's nothing better than a mud/laundry room, complete with cabinets and a custom dog shower. So many possibilites on this one!

Details

Property type

Single Family Residence

Est. home value

$374,096

Lot size

4.43 acres

Price per sq ft

$194

Year built

1974

Price History

07/18/2024
EmeraldCoast

EmeraldCoast #951289

Price change
$425,000
-5.56%
06/15/2024
EmeraldCoast

EmeraldCoast #951289

Price change
$450,000
-6.25%
05/24/2024
EmeraldCoast

EmeraldCoast #951289

Listed
$480,000
+56.86%

Schools & Community

Elementary school: 

Riverside

Middle school: 

Shoal River

High school: 

Crestview

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

$41,396
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$349,604
Cash to seller
$41,396

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

Seller’s Loan History

Lender

Nationstar Mortgage Llc

Loan start date

September 2022

Original loan amount

$359,492

Est. remaining balance

$349,604

Interest rate

5.54%

Loan type

VA, 30 year

Seller

Samuel E Reid and Salena M Reid

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: 09/19/2024 at 9:05 PM

Listing updated: 08/03/2024 at 1:13 PM

Listed by: Brandy L Lynch, Brandy L Lynch, Realty ONE Group Emerald Coast Phone #: (850) 842-3211

MLS: EmeraldCoast #951289

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