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$559,900

Beds
3
Baths
2.5
sq ft
2,817

10696 Michael Edward Ct, Jacksonville, FL 32257

10696 Michael Edward Ct

Jacksonville, FL 32257

  • 110 days on market
    • Price drop $2,600↓
Assumable VA Loan 5.45% rate or $10000 for rate buy down or closing cost with acceptable offer. The home is 2800 sq ft, with wrap around extended screened lanai, room for a pool, and great for entertaining friends and family. Fantastic location to NAS Jax and Mayport Naval Station. Located in the heart of Mandarin, The home has a spacious open-concept, featuring a chef's kitchen that flows into the living room & separate dining area, complete with a beverage bar. Escape upstairs to your owner suite that boasts a breakfast bar, spa-like bath with double shower, and a convenient walk-in closet leading directly to the laundry area. The two additional bedrooms share a Jack & Jill bath, ideal for family or guests. Outside, the huge wrap-around screened lanai beckons you to relax in the tranquil perserve surroundings. A Tandem (3rd space) garage for vehicle, motorcycles, jet skis, or just extra storage. This home is a MUST SEE!

Details

Property type

Single Family Residence

Est. home value

$541,873

Lot size

0.28 acres

Price per sq ft

$199

Year built

2019

Annual property taxes

$8,441.43

Monthly HOA fee

$41.67

Price History

06/06/2024
RealMLS

RealMLS #2017042

Price change
$559,900
-0.46%
06/04/2024
RealMLS

RealMLS #2017042

Price change
$562,500
-0.42%
05/21/2024
RealMLS

RealMLS #2017042

Price change
$564,900
-0.88%

Schools & Community

Neighborhood: 

Mandarin Station - Losco

Elementary school: 

Mandarin Oaks

Middle school: 

Mandarin

High school: 

Mandarin

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

$70,759
Asking price
$559,900
Closing costs (~8% of asking)
-$44,792
Est. remaining loan balance
-$444,349
Cash to seller
$70,759

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

June 2023

Original loan amount

$450,056

Est. remaining balance

$444,349

Interest rate

6.27%

Loan type

VA, 30 year

Seller

Karl Lorenz and Karen Lorenz

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: 07/05/2024 at 11:00 PM

Listing updated: 06/30/2024 at 11:33 AM

Listed by: TIM MATHES, UNITED REAL ESTATE GALLERY Phone #: (904) 500-3948

MLS: RealMLS #2017042

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