tomo logo

$170,000

Beds
3
Baths
2.0
sq ft
1,040

126 Kensington Ave, Deland, FL 32724

126 Kensington Ave

DELAND, FL 32724

  • Pending
    • Price drop $9,000↓
Under contract-accepting backup offers. Charming Investment Opportunity – Ideal Long-Term Rental! Discover the potential in this 3-bedroom, 2-bath home located in the heart of DeLand! Priced at $170,000, this property presents an excellent opportunity for an investor looking to hold long-term as a rental or for a first-time homebuyer who wants to build equity while making it their own. The home offers solid bones and a great layout but could use some cosmetic updates to bring out its full charm. Not a fix-and-flip candidate—this one is best suited for someone looking to invest for steady, long-term returns. The seller is open to creative options and may be willing to incorporate some improvements into the transaction for a first-time homebuyer. With a bit of TLC, this home has the potential to be a fantastic rental property or a cozy primary residence. Located in a quiet neighborhood near schools, shopping, and dining, this home offers strong rental demand in a growing market. Don’t miss this opportunity to own a durable investment property with plenty of upside!

Details

Property type

Single Family Residence

Est. home value

$197,584

Lot size

0.41 acres

Price per sq ft

$164

Year built

1949

Annual property taxes

$2,406

HOA

No

Price History

02/20/2025
StellarMLS

StellarMLS #V4939519

Pending
$170,000
01/30/2025
StellarMLS

StellarMLS #V4939519

Price change
$170,000
-5.03%
11/19/2024
StellarMLS

StellarMLS #V4939519

Listed
$179,000
+326.19%

Schools & Community

Elementary school: 

George Marks Elem

Middle school: 

Deland Middle

High school: 

Deland High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Space Coast Cu

Loan start date

April 2007

Original loan amount

$112,000

Est. remaining balance

$0

Interest rate

5.86%

Loan type

Not Provided, 15 year

Seller

Billy W Gilley

Lender

Space Coast Cu

Loan start date

December 2001

Original loan amount

$35,000

Est. remaining balance

Not provided

Interest rate

6.51%

Loan type

New Conventional

Seller

Billy W Gilley and Wendy Gilley

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: Pending/Under Contract

Tomo last checked: 02/23/2025 at 4:00 AM

Listing updated: 02/20/2025 at 2:36 PM

Listed by: Julie Cvercko, PRIME REAL ESTATE, INC. Phone #: (386) 668-8668

MLS: StellarMLS #V4939519

StellarMLS logo

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