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$325,000

Beds
3
Baths
2.0
sq ft
1,768

107 Cypress Dr, East Palatka, FL 32131

107 Cypress Dr

East Palatka, FL 32131

  • 49 days on market
    • Price drop $15,000↓
Great canal home in Palm Port! Start enjoying the river life in this spacious 3 bedroom 2 bath, move-in ready home. Features include tile flooring throughout, large living and dining areas, separate family room, owner's suite with a private office or den, and an inside laundry room. Enjoy the river breezes from the huge screened porch or soak up the sun on the sundeck overlooking the canal. Waterfront has a concrete bulkhead and the wide canal is great for fishing and not far to the open waters of the St Johns River and beyond. This could be a great opportunity for an Air BNB opportunity!

Details

Property type

Single Family Residence

Est. home value

$388,881

Property condition

Updated/Remodeled

Lot size

0.23 acres

Price per sq ft

$184

Year built

1979

Annual property taxes

$4,668.24

Price History

09/05/2024
RealMLS

RealMLS #2040656

Price change
$325,000
-4.41%
08/20/2024
RealMLS

RealMLS #2040656

Price change
$340,000
-2.86%
08/02/2024
RealMLS

RealMLS #2040656

Listed
$350,000
+34.62%

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

$81,618
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$217,382
Cash to seller
$81,618

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

Seller’s Loan History

Lender

South State Bank Na

Loan start date

May 2021

Original loan amount

$234,020

Est. remaining balance

$217,382

Interest rate

3.09%

Loan type

FHA, 30 year

Seller

Todd Paulson

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: 09/20/2024 at 2:45 AM

Listing updated: 09/05/2024 at 8:37 AM

Listed by: Patricia Glissman, ROBERT SLACK, LLC. Phone #: (352) 229-1187

MLS: RealMLS #2040656

RealMLS logo

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