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330 Se Elliott Road
Fort Walton Beach, FL 32548
Chris Collins with ERA American Real Estate, original listing - (850) 651-2454
$1,125,000
Conventional
Property
Bedroom
4
Bathroom
Full: 4
Property Type
Conventional
Square ft
3262 Square Feet
Property Description
OPEN HOUSE SUNDAY 1-3 PM. This incredibly special home is ready for you! Location, charm, character, quality and features galore! You'll appreciate the newer roof (2019), 2 Daikin HVAC systems (2020) with smart thermostat and all new ductwork, Rinai tankless gas hot water heater, new high impact glass living room window (2023) and more! Relax and enjoy the laid back Florida lifestyle as you float in your private pool or bring your boat 1 block to the boat launch and intercoastal waterway. Step through the custom double front doors into this timeless classic and notice the refinished solid walnut wood flooring downstairs, new carpet upstairs and fresh paint. There are so many unique features in this home that include beautiful wainscoting, original paneling, custom millwork READ MORE> custom interior wood doors, penny tile and a classic wood burning fireplace. Custom built-ins that include a concrete shelf and repurposed original windows tell a sweet history of the home. Plenty of storage space, recessed lighting throughout and a first floor indoor/outdoor speaker system are a bonus too! Your new home will be a breeze for entertaining everyone. Welcome friends and family with a space and place from the formal living room to the family room, formal dining room, eat-in kitchen, an office/flex space. Gather in the kitchen around the macabus quartzite counters, notice the wood shaker cabinets w glass inserts, kitchen pantry, deep stainless steel sink, gas 5 burner stove with pot filler, new dishwasher and French door fridge. You'll find 4 bedrooms/4 bathrooms (3 beds w/ private baths). There are 2 master bedrooms (1 upstairs and 1 downstairs) which makes this an option for multi-generational families. The upstairs master suite is a retreat you'll enjoy with high ceilings, separate garden tub and walk-in shower for two, 2 new vanities and 2 walk-in closets. Outside, entertaining includes so many options including a covered patio with kitchenette and counters for extra eating/seating space. The screened lanai keeps bugs and leaves out of your glistening gunite pool. The low maintenance, salt system saves money using less chemicals and is gentler on your skin! The pavered patio is just the right spot for your fire pit as your friends play corn hole in the grassy area of the backyard. The little "She Shed" is just right for gardening, extra pool toys, or a playhouse and take a look at that workshop! The 12x24 workshop is ready for all your projects with power a ramp, roll up door and portable heat/AC. This lot is almost half an acre that is fully fenced! Your dogs and kiddos can roam freely with privacy fencing in the backyard and custom, gated fencing in front. You can park everyone's car in the circular drive and also your boat or RV in the extra concrete pad with 50 AMP power hook up and sanitation station! Don't miss the automatic sprinkler system and lawn pump/well. Azaleas, hydrangeas, palms, river rock and more add touches to your landscaping. The 2 car garage includes a sink, pegged wall storage system, stained concrete floor, pull down stairs and a garage attic storage system. Spray foam insulation is energy efficient and the brick & block construction make this a solid well built home. Technology touches include a media closet with whole house ethernet connections, AT&T fiber hook up in place with Cox Wifi Homelife and Direct TV capability. You have to see this home to truly appreciate this Elliott Point gem right down the street from the neighborhood park, boat launch and neighborhood beach! You might even qualify for the 2.5% VA interest rate loan assumption!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1954
MLS Number
--
Location
Address
330 SE Elliott Road
City
Fort Walton Beach
State
FL
Zip Code
32548
County
OKALOOSA (SOUTH)
Listing
Name
Phone
(850) 218-9873
Office Name
Office Phone
(850) 651-2454
Agent Name
Chris Collins
Agency Phone
(850) 651-2454

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.