tomo logo

$324,900

Beds
4
Baths
3.0
sq ft
3,121

735 Main St, Chipley, FL 32428

735 Main St

Chipley, FL 32428

  • 425 days on market
    • Price drop $25,000↓
Welcome to this magnificent historic home, situated on 1.47 acres of land. Built in 1916, this timeless gem boasts 3,121 square feet of living space, offering plenty of room for entertaining. With four generously-sized bedrooms, it's the perfect blend of historic charm. The home features parquet floors that add to its character. Inside, you'll find a spacious sitting room and a formal dining room that's ideal for hosting gatherings and special occasions. Additionally, there's a den that offers a versatile space for work or relaxation. This property also includes a nice storage building with electricity, providing added convenience and functionality. With a rich history and the potential to become a showpiece with some updating, this home also features a newer metal roof, ensuring durability and protection for years to come. Conveniently located on a paved road near local shopping and dining, you'll have everything you need at your fingertips.

Details

Property type

Single Family Residence

Est. home value

$368,088

Lot size

1.47 acres

Price per sq ft

$105

Year built

1916

Annual property taxes

$2,047

HOA

No

Price History

10/24/2024
CentralPanhandle

CentralPanhandle #748300

Price change
$324,900
-7.14%
08/08/2024
CentralPanhandle

CentralPanhandle #748300

Price change
$349,900
-2.78%
04/15/2024
CentralPanhandle

CentralPanhandle #748300

Price change
$359,900
-4%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$73,884
Asking price
$324,900
Closing costs (~8% of asking)
-$25,992
Est. remaining loan balance
-$225,024
Cash to seller
$73,884

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

Seller’s Loan History

Lender

Envoy Mortgage Ltd

Loan start date

January 2023

Original loan amount

$230,000

Est. remaining balance

$225,024

Interest rate

6.61%

Loan type

New Conventional, 30 year

Seller

Lota Kay Braxton

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: 12/23/2024 at 3:40 AM

Listing updated: 10/24/2024 at 4:30 PM

Listed by: Cindy R Birge, Elite Realty Phone #: (850) 638-0370

MLS: CentralPanhandle #748300

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