tomo logo

$1,300,000

Beds
3
Baths
3.0
sq ft
3,590

1062 Hampstead Ln, Ormond Beach, FL 32174

1062 Hampstead Ln

Ormond Beach, FL 32174

  • 66 days on market
    • Price drop $200,000↓
Welcome to your spacious single-story home that sits on an oversized lot which is located on the 1st hole of the Prestwick Estates section of Plantation Bay. This executive ICI Showcase III Designer home offers fresh updates and plenty of sunshine! As you enter the custom glass double doors, you are captivated by the size and grandeur with the open floorplan offering endless views of the pool, pond, fairway, and colorful skies. The sprawling split floorplan holds a customized detail throughout with oak hardwood floors, crown molding, 14-foot coffered ceilings, and large windows and doors. The formal dining room is perfect for entertaining! Walk through the all-new chef's kitchen with quartz countertops and backsplash, 42-inch upper cabinets, Bosch stainless steel appliances, built in double oven, walk-in pantry, and expansive island, included is a breakfast nook and wine storage. Open to the family room with a cozy fireplace and array of windows with interior/exterior remote controlled solar sunshades overlooking the screened lanai/pool and tropical landscape. The large primary suite features a sitting area with French doors leading out to the lanai, and 2 walk-in California Closets. The primary bath has double sinks with granite countertops, undermount lighting for vanity and overmount lighting and shelving. Large, jetted garden tub with separate glass block double-head showers. The 3-car garage with room for a golf-cart, holds built in cabinetry, over-head storage, epoxy flooring, and room for work area. Come see this stunner today!

Details

Property type

Single Family Residence

Est. home value

$973,889

Property condition

Updated/Remodeled

Lot size

0.55 acres

Price per sq ft

$363

Year built

2001

Annual property taxes

$9,662.12

Monthly HOA fee

$90

Price History

11/01/2024
RealMLS

RealMLS #2045110

Price change
$1,300,000
-13.33%
09/10/2024
RealMLS

RealMLS #2045110

Price change
$1,500,000
-11.76%
08/31/2024
RealMLS

RealMLS #2045110

Listed
$1,700,000
+172%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$1,009,983
Asking price
$1,300,000
Closing costs (~8% of asking)
-$104,000
Est. remaining loan balance
-$186,017
Cash to seller
$1,009,983

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

Seller’s Loan History

Lender

Christensen Financial Inc

Loan start date

April 2020

Original loan amount

$205,000

Est. remaining balance

$186,017

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

William P King and Elizabeth A King

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: 11/05/2024 at 6:30 AM

Listing updated: 11/01/2024 at 9:31 AM

Listed by: KEITH E BAILEY, A BONUS REALTY, INC. Phone #: (904) 387-0011

MLS: RealMLS #2045110

RealMLS logo

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