tomo logo

$1,075,000

Beds
5
Baths
3.5
sq ft
4,054

829 N Bay Dr, Lynn Haven, FL 32444

829 N Bay Dr

Lynn Haven, FL 32444

  • 136 days on market
    • Price drop $25,000↓
Exceptional Waterfront Home on North Bay, Lynn Haven, FL:This exquisite 4,000 sq ft waterfront home, located on the serene shores of North Bay in Lynn Haven, FL, combines luxury, comfort, and stunning natural beauty. Perfectly designed for those who love water sports, boating, and serene living, this property offers everything you need and more.Property Highlights:Size: 4,054 sq ftBedrooms: 5 spacious bedrooms with a bonus room that can serve as a 6th bedroomMaster Suites: 2 luxurious master suites, ideal for multi-generational living or hosting guestsBathrooms: 3.5 Laundry Rooms: 2 convenient laundry rooms located on different floors in each master suite.Elevator: Private elevator with a 950 lbs capacity for easy access across all floorsOutdoor Features:Dock: Recently built (2 years old), banded and ready for roofingLift: 1-year-old boat lift with a 12,000 lbs capacity and 4 years remaining on the parts warrantyGarage: Unique drive-thru 2-car garage with 20 ft ceilings, perfect for parking an RV or boatLayout and Design:Downstairs: Features a primary master bedroom, one guest room, and a half bathUpstairs: Includes 2 guest bedrooms, a second master suite, a bonus room, and a living room prepped for a potential kitchen additionLiving Spaces: Expansive rooms with panoramic water views, high ceilings, and abundant natural lightLocation and Lifestyle:North Bay: One of the most desirable bodies of water in Bay County, known for its seclusion, protection, and ideal conditions for swimming, tubing, and fishingProximity: Just a 15-minute boat ride to the Gulf of MexicoProtected Views: Directly across from the Lynn Haven Bayou Preserve Park, ensuring your view remains untouchedAdditional Features:Insurance: Low total insurance cost of $4k per yearYard: Large enough to accommodate a pool with additional space for extra structures or parking with sprinkler systemRecent Updates: New exterior paint, complete downstairs remodel, new well pump, new HVAC systems, new dock, and lift, and security system.

Details

Property type

Single Family Residence

Est. home value

$724,414

Lot size

0.32 acres

Price per sq ft

$266

Year built

2000

Annual property taxes

$40

HOA

No

Price History

09/19/2024
CentralPanhandle

CentralPanhandle #759047

Price change
$1,075,000
-2.27%
07/22/2024
CentralPanhandle

CentralPanhandle #759047

Price change
$1,100,000
-12%
06/17/2024
CentralPanhandle

CentralPanhandle #759047

Listed
$1,250,000
+146.31%

Schools & Community

Elementary school: 

Deer Point

Middle school: 

Merritt Brown

High school: 

Mosley

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

$574,411
Asking price
$1,075,000
Closing costs (~8% of asking)
-$86,000
Est. remaining loan balance
-$414,589
Cash to seller
$574,411

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

August 2020

Original loan amount

$456,300

Est. remaining balance

$414,589

Interest rate

3.13%

Loan type

VA, 30 year

Seller

George Christoph and Cindy Christoph

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: 11/08/2024 at 5:10 AM

Listing updated: 09/26/2024 at 11:10 PM

Listed by: Matt W Wright, Think Real Estate Phone #: (850) 270-4200

MLS: CentralPanhandle #759047

CentralPanhandle logo

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