tomo logo

$600,000

Beds
5
Baths
4.5
sq ft
2,420

5415 Highway 21, Atmore, AL 36502

5415 Highway 21

Atmore, AL 36502

  • 3723 days on market
    • Price drop $95,000↓
Location: The property is located in Atmore, Alabama, and it's described as being steps away from the Wind Creek Casino and Entertainment Center. This prime location could be a major selling point for individuals seeking entertainment and leisure activities. Bed & Breakfast Potential: The property is described as a beautiful bed and breakfast or country home. This implies that it can serve as a business opportunity for those interested in the hospitality industry. An established clientele adds to its appeal as a potential business venture. Main House and Apartment Suites: The main house features three bedrooms with 2.5 baths, making it suitable for accommodating guests. Additionally, there are two detached apartment suites on the property. These apartment suites offer privacy for guests or long-term stays, making the property versatile for various purposes. Decor and Ambiance: The mention of "perfectly decorated" and an "unforgettable ambiance" suggests that the property has been designed and maintained to create a welcoming and comfortable environment. This can be a significant factor for attracting guests and making their stay enjoyable. Residential or Commercial Use: The property's flexibility for both residential and commercial use means it can cater to different needs and preferences. Buyers can choose to use it as a primary residence, a vacation home, or operate it as a bed and breakfast or other hospitality-related business. If you're interested in this property as a potential business venture or a unique residence, it's advisable to contact the seller or their representative for more information, including details about the property's current clientele, financials

Details

Property type

Single Family Residence

Est. home value

$444,394

Lot size

1.8 acres

Price per sq ft

$248

Year built

1986

HOA

No

Price History

12/16/2024
Pensacola

Pensacola #470776

Price change
$600,000
-13.67%
11/29/2024
Pensacola

Pensacola #470776

Listed
$695,000
09/18/2024
Pensacola

Pensacola #470776

Removed
$695,000

Schools & Community

Elementary school: 

Local School In County

Middle school: 

Local School In County

High school: 

Local School In County

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

$354,550
Asking price
$600,000
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$197,450
Cash to seller
$354,550

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

Seller’s Loan History

Lender

Lakeview Loan Servicing Llc

Loan start date

February 2017

Original loan amount

$232,804

Est. remaining balance

$197,450

Interest rate

4.32%

Loan type

FHA, 30 year

Seller

James Foster Kizer

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?

Similar Homes Nearby

Price drop
Pensacola
$540,000
5 bd
|
3.5 ba
|
3,145 sq ft
|
House

300 1/2 Brookwood Rd, Atmore, AL 36502

Price drop
Pensacola
$525,000
4 bd
|
2 ba
|
3,686 sq ft
|
House

1 E Hecker Rd, Century, FL 32535

Status: Active

Tomo last checked: 12/23/2024 at 5:50 AM

Listing updated: 12/16/2024 at 2:55 PM

Listed by: Malcolm Owen Bub Gideons, PHD Real Estate, LLC Phone #: (251) 368-1063

MLS: Pensacola #470776

Pensacola logo

Recently listed in Atmore

$375,000|3 bd|2.0 ba|House
$339,000|4 bd|2.0 ba|House
$229,000|3 bd|2.0 ba|House
$149,900|3 bd|2.0 ba|House
$325,000|5 bd|3.0 ba|House
$175,000|2 bd|2.0 ba|House
$129,000|4 bd|1.5 ba|House
$149,900|4 bd|2.0 ba|House
$475,000|4 bd|3.5 ba|House