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$849,000

Beds
3
Baths
2.0
sq ft
1,704

557 Ricker Ave, Santa Rosa Beach, FL 32459

557 Ricker Ave

Santa Rosa Beach, FL 32459

  • 65 days on market
    • Price drop $10,000↓
This exceptional renovated ranch home in Point Washington presides over a quarter-acre lot filled with mature oaks and magnificent magnolias. It's in a sought-after location close to Choctawhatchee Bay, beautiful sandy beaches and state forest trails. Recent renovations took this single-story home back to the studs and rebuilt everything from the LVP wood flooring to a new roof and gutters. Fresh paint inside and out, new lighting, new bathrooms and a gourmet kitchen. The entire siding on the back of the house was removed and three sets of French doors now connect the bright and spacious living room with the screened porch and covered barbecue area. Once the home was transformed, the owners turned their attention to the landscaping, creating a lush private wonderland for laid-back outdoor living with new lighting and outdoor spotlights. A new irrigation well pump keeps everything well-watered, even when owners are absent. The open kitchen had a complete makeover, which included relocating the HVAC to provide a pantry. As well as new cabinets, stainless steel appliances and quartz countertops, updates include a new kitchen vent fan. The laundry room has updated shelving and a useful butcher's block counter. This beautiful home has three large bedrooms and two bathrooms. California Closets provide covetous storage in the bedrooms and the newly expanded master bathroom boasts beautiful tile flooring, a twin vanity, new mirrors and more. The newly pavered driveway was widened to provide ample parking for four vehicles in front of the two-car garage. A nicely paved walkway leads to the fenced backyard and firepit patio. With no HOA, this fully renovated home enjoys an enviable location close to boat access, Grayton Beach and 30A shops and restaurants. It delivers the sort of lifestyle that dreams are made of.

Details

Property type

Single Family Residence

Est. home value

$654,132

Lot size

0.25 acres

Price per sq ft

$499

Year built

1989

Price History

11/09/2024
EmeraldCoast

EmeraldCoast #961367

Price change
$849,000
-1.16%
10/18/2024
EmeraldCoast

EmeraldCoast #961367

Listed
$859,000
+31.15%
07/18/2022
EmeraldCoast

EmeraldCoast #898868

Sold
$655,000
+204.65%

Schools & Community

Elementary school: 

Dune Lakes

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

$414,906
Asking price
$849,000
Closing costs (~8% of asking)
-$67,920
Est. remaining loan balance
-$366,174
Cash to seller
$414,906

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

July 2022

Original loan amount

$380,000

Est. remaining balance

$366,174

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

John David Olson and Tiana Connolly Bouma

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: 12/22/2024 at 11:25 AM

Listing updated: 12/09/2024 at 11:54 AM

Listed by: Team Kim & Keen Polakoff, Team Kim & Keen Polakoff, Polakoff Group, Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: EmeraldCoast #961367

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