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$397,387Estimated home value

Beds
2
Baths
2.5
sq ft
1,248

7649 River Rd, Milton, FL 32583

7649 River Rd

Milton, FL 32583

  • Off market
    • Price drop $9,100↓
PRICE REDUCTION, Beautiful Home tucked away on Paradise Island. Private boat launch with river access, custom RV parking with electric and dump station, and huge bonus she-shed with loft and electric! Stainless appliances, kitchen island with flat cooktop, breakfast bar and ample storage in the kitchen. Stunning wood-burning stove, Florida room with stunning view of property with hot tub or artist loft, you choose! Two large bedrooms with custom cabinetry, and ample closet space. Two large bathrooms and laundry. Several out buildings, greenhouse, garden beds, fruit trees and a chicken coop. Ample covered outdoor living space upstairs and downstairs. Electric outdoor lift. Two large workshops and half bath on bottom floor. Property has nearly 2 acres that border Marshall lake, a small tributary off of the Blackwater river and a small inlet. Fish, kayak, boat and swim from your own backyard paradise. Truly a one of a kind property you won't find anywhere else! This small quaint island with wonderful neighbors and no HOA truly is Paradise.

Details

Property type

Single Family Residence

Est. home value

$397,387

Lot size

1.87 acres

Price per sq ft

$305

Year built

1982

HOA

No

Price History

10/07/2024
Pensacola

Pensacola #648233

Removed
$379,900
09/28/2024
Pensacola

Pensacola #648233

Price change
$379,900
-2.34%
09/17/2024
Pensacola

Pensacola #648233

Price change
$389,000
-2.51%

Schools & Community

Elementary school: 

East Milton

Middle school: 

King

High school: 

Milton

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

$20,327
Asking price
$379,900
Closing costs (~8% of asking)
-$30,392
Est. remaining loan balance
-$329,181
Cash to seller
$20,327

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

Seller’s Loan History

Lender

Pacific Sun Mortgage

Loan start date

October 2021

Original loan amount

$352,398

Est. remaining balance

$329,181

Interest rate

2.87%

Loan type

FHA, 30 year

Seller

Patrick Michael Maddox and Jennifer L Maddox

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?

Status: Off Market

Tomo last checked: 11/09/2024 at 11:40 AM

Listing updated: 09/28/2024 at 1:43 PM

Listed by: Thomas Boyett, Robert Slack LLC Phone #: (352) 817-0746

MLS: Pensacola #648233

Pensacola logo

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