Monday, January 2, 2012

Fort Walton Beach FL, Ocean City Home - Sold in 60 Days



This beautiful Fort Walton Beach Florida home, near Lowe's and Sam's, was sold in just over 60 days!  Part of the appeal of 728 Hart Dr. was the fantastic remodeling, especially in the kitchen.  Granite counters, tile backsplashes, new cabinets and new appliances were some of the upgrades.  The home, built in 1987, was over 1700 square feet, and was impeccably maintained.  The lot was about one-half acre, which is unusual for Fort Walton Beach, where most lots are smaller. Listed at $177,900, there were multiple offers. 

728 Hart Dr., Fort Walton Beach sold for $170,000. The sellers contributed $5,500 toward buyer closing costs.  Why is that important to know?  When using this sale as a "comparable" sale to price other properties, the significant seller credit means, in essence, the home sold for $164,500.  For example, if a homeowner with an identical property asked me what their home would sell for, I would not tell them $170,000 - that would be too high. I would suggest they keep in mind that relocating military buyers coming into Eglin Air Force Base, typically ask for seller credits to help pay closing costs.  That must be kept in mind when anticipating net proceeds.  I hope that makes sense to you. If not, send me an email and I will explain further.

Labels: ,

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

Links to this post:

Create a Link

<< Home