$1,015,000

Seller could get up to $574,365

Learn how this information can help you negotiate

Beds: 4
Baths: 3.5
sq ft: 2,263

80 Somersault Ln, Inlet Beach, FL 32461

80 Somersault Ln

Watersound, FL 32461

127 days on market

Price drop $14,000↓

Watersound Origins 4 bedroom, 4 bathroom home in the serene Winter Park area - this exquisite property boasts a plethora of modern upgrades and amenities. Step inside to discover a newly renovated kitchen with brand new LG appliances adorned with luxurious quartz counters, a stylish backsplash and a charming farmhouse sink. The adjacent dining area sets the stage for memorable gatherings. Hardwood floors throughout lend warmth to the home. The first floor has an additional bedroom with a bath that can be used as sleeping accommodations or an office/study.

Details

Property type

Single Family Residence

Est. home value

$1,091,900

Lot size

5,663 sq ft

Price per sq ft

$449

Year built

2015

Monthly HOA fee

$195

Price History

09/04/2024

EmeraldCoast #949942

Price change

$1,015,000

-1.36%

08/22/2024

EmeraldCoast #949942

Price change

$1,029,000

-1.91%

07/19/2024

EmeraldCoast #949942

Price change

$1,049,000

-0.47%

Schools & Community

Elementary school:

Dune Lakes

Middle school:

Bay

High school:

South Walton

Community features: Pool, Tennis Court(s)

Community features:

Pool, Tennis Court(s)

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

$574,365

Asking price

$1,015,000

Closing costs (~8% of asking)

-$81,200

Est. remaining loan balance

-$359,435

Cash to seller

$574,365

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

Seller’s Loan History

Lender

First Federal Bank

Loan start date

June 2020

Original loan amount

$395,000

Est. remaining balance

$359,435

Interest rate

3.23%

Loan type

New Conventional, 30 year

Seller

Fred L Moore and Yolanda M Moore

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: 09/19/2024 at 12:20 PM

Listing updated: 09/04/2024 at 5:14 PM

Listed by: Russell Franchi, Russell G Franchi, Russell G Franchi, Russell G Franchi, Russell G Franchi, Russell G Franchi, Scenic Sotheby's International Realty Phone #: (850) 231-6052

MLS: EmeraldCoast #949942

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