$400,000

Seller could get up to $115,387

Learn how this information can help you negotiate

Beds: 3
Baths: 3.0
sq ft: 2,257

8917 Trail Ridge Rd, Milton, FL 32583

8917 Trail Ridge Rd

Milton, FL 32583

22 days on market

This HUD REO home is not one to be passed up! Built just a few years ago in 2021, this home is ready to go! This neighborhood continues to be built and this is your time to jump in. This all brick home has 3 bedrooms and 3 full baths; a great room design that opens to the kitchen and dining room. Just off the kitchen is a breakfast nook. Master bedroom is oversized and the master bath is large with a shower and double vanities as well as a large walk in closet. Call today!

Details

Property type

Single Family Residence

Est. home value

$393,262

Lot size

9,583 sq ft

Price per sq ft

$178

Year built

2021

Monthly HOA fee

$50

Price History

01/31/2025

EmeraldCoast #967546

Listed

$400,000

+42.63%

04/30/2021

Pensacola #578669

Sold

$280,451

Schools & Community

Elementary school:

East Milton

Middle school:

King

High school:

Milton

Community features: Pool

Community features:

Pool

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

$115,387

Asking price

$400,000

Closing costs (~8% of asking)

-$32,000

Est. remaining loan balance

-$252,613

Cash to seller

$115,387

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

Seller’s Loan History

Lender

Fidelity Bank

Loan start date

April 2021

Original loan amount

$274,879

Est. remaining balance

$252,613

Interest rate

3.05%

Loan type

FHA, 30 year

Seller

Vincent Stokes Jr

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: 02/22/2025 at 9:45 PM

Listing updated: 02/01/2025 at 3:39 PM

Listed by: Cosmo Spellings, Cosmo Spellings, Cosmo Spellings, Cosmo Spellings, Cosmo M Spellings, Assurance Realty of NWFL LLC Phone #: (850) 306-3989

MLS: EmeraldCoast #967546

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