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$385,000

Beds
4
Baths
3.0
sq ft
1,650

116 Cypress Point Cir, East Palatka, FL 32131

116 Cypress Point Cir

EAST PALATKA, FL 32131

  • 88 days on market
    • Price drop $10,000↓
This newly renovated pool home is waiting for a forever Owner. Property is 1.25 acres and beautiful trees form a wonderful canopy. No HOA or CDD fees. There is a pole barn that could be used for an RV or boat. Detached garage in the back of the property. Home is less than a mile from boat ramp. New metal roof, hot water heater, all appliances, completely new bathrooms and much more.. Home is 15 minutes from Palatka and 5 minutes from up and coming Hasting Main Street.

Details

Property type

Single Family Residence

Est. home value

$291,356

Lot size

1.25 acres

Price per sq ft

$234

Year built

1971

Annual property taxes

$1,648

HOA

No

Price History

12/16/2024
StellarMLS

StellarMLS #FC304223

Price change
$385,000
-2.53%
09/27/2024
StellarMLS

StellarMLS #FC304223

Listed
$395,000
+132.49%
12/21/2018
RealMLS

RealMLS #962579

Sold
$169,900

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

$192,052
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$162,148
Cash to seller
$192,052

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

Seller’s Loan History

Lender

Amerant Mortgage Llc

Loan start date

January 2023

Original loan amount

$165,750

Est. remaining balance

$162,148

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Sheila Ann Jones Duggins and Daniel Wayne Duggins Sr

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: 12/23/2024 at 8:10 PM

Listing updated: 12/16/2024 at 9:17 AM

Listed by: Teresa Mercurio, TEAM 100 REALTY Phone #: (904) 825-2700

MLS: StellarMLS #FC304223

StellarMLS logo

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