tomo logo

$245,000

Beds
4
Baths
3.0
sq ft
3,343

721 5th St, Chipley, FL 32428

721 5th St

Chipley, FL 32428

  • Pending
    • Price drop $900↓
100% financeable------PRICED BELOW MARKET FOR QUICK SALE!!!! Newly Painted inside and outside. Don't miss this charming home in Chipley, FL with custom woodwork around the wrap around porch. 4 Car Carport in back. Cosmetic touches needed by its new owner to complete. Historical home built in 1904 with approx. 3343 SF of living space with 3 bedrooms downstairs. Original Master on first floor with additional sitting room. 1 New Master/Large Bedroom upstairs with bathroom. PRIOR updates: Roof and AC 2019, 2020 Gas Tankless Water Heater, 2nd AC unit 2004. Plumbing updated within the last 2 years. Wiring updated but still some work may be needed. Fireplaces have been sealed but Frames still in place for other options. Solar Panels - Paid in full. Bay Windows on bottom floors, Windows have been fixed to work, some may need further repair. Hardwood flooring, Vinyl & Laminate,. Baths have Tile floors. Kitchen has minimal appliances (Refrig., Gas Stove, Dishwasher), unknown condition. New Water Softener, will remain, unconnected. Has Water/Sewer connections. Come get your chance to make this your dream home with a little work. Call for your appointment today!

Details

Property type

Single Family Residence

Est. home value

$259,240

Lot size

0.31 acres

Price per sq ft

$74

Year built

1904

Annual property taxes

$5,144

HOA

No

Price History

03/08/2025
CentralPanhandle

CentralPanhandle #769214

Pending
$245,000
03/01/2025
CentralPanhandle

CentralPanhandle #769214

Price change
$245,000
-0.37%
02/25/2025
CentralPanhandle

CentralPanhandle #769214

Price change
$245,900
-1.6%

Schools & Community

Elementary school: 

Kate M. Smith

Middle school: 

Vernon

High school: 

Chipley

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

$129,902
Asking price
$245,000
Closing costs (~8% of asking)
-$19,600
Est. remaining loan balance
-$95,498
Cash to seller
$129,902

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

Seller’s Loan History

Lender

Trustmark National Bank

Loan start date

March 2018

Original loan amount

$111,110

Est. remaining balance

$95,498

Interest rate

4.04%

Loan type

New Conventional, 30 year

Seller

Todd John Bergmann and Nicolette Koleen Bergmann

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: Pending/Under Contract

Tomo last checked: 04/10/2025 at 6:00 PM

Listing updated: 03/13/2025 at 3:39 PM

Listed by: Debbie Morton, Bay Living Inc. Phone #: (813) 948-0333

MLS: CentralPanhandle #769214

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