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$524,000

Beds
3
Baths
2.0
sq ft
1,456

1305 Thompson Bailey Rd, Saint Augustine, FL 32084

1305 Thompson Bailey Rd

St Augustine, FL 32084

  • 173 days on market
    • Price drop $25,000↓
    • Open house Mar 22
Beautifully renovated St Augustine home on 1.68 acres zoned open rural! Sellers are open to a lease back with acceptable offer. Currently home has 3-bedrooms and 2-bathrooms and an 800+ sqft second story (plumbing and electric roughed in) that leaves the possibilities for more endless. Consider using a renovation loan to help customize the upstairs to suite your needs. Home has an open layout featuring an updated kitchen, with stainless steel appliances and quartz countertops. Both bathrooms have been beautifully updated. The large outdoor area has plenty of room for animals, gardening, storing your boat or RV, installing a pool or adding another dwelling. Additional updates include a concrete culvert drainage system and gutters that is 2 years old. Well, water softener and sanitation system, water heater, duct work, crawl space insulation and second story spray foam insulation are all only three years old. Located just a short drive from historic downtown St. Augustine, this property combines rural tranquility with the accessibility of city living. Schedule your private showing today! *Photo 23 is a virtually finished and staged photo of the upper level.

Details

Property type

Single Family Residence

Est. home value

$522,144

Lot size

1.68 acres

Price per sq ft

$360

Year built

2009

Price History

03/17/2025
RealMLS

RealMLS #2049282

Listed
$524,000
02/25/2025
RealMLS

RealMLS #2049282

Pending
$524,000
02/12/2025
RealMLS

RealMLS #2049282

Price change
$524,000
-4.55%

Schools & Community

Elementary school: 

Webster

Middle school: 

Murray

High school: 

St. Augustine

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

$109,829
Asking price
$524,000
Closing costs (~8% of asking)
-$41,920
Est. remaining loan balance
-$372,251
Cash to seller
$109,829

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

Seller’s Loan History

Lender

Jet Homeloans Llc

Loan start date

March 2022

Original loan amount

$394,400

Est. remaining balance

$372,251

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

David Brian Banks and Nancy Mcleod Banks

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: 03/18/2025 at 5:50 PM

Listing updated: 03/17/2025 at 3:36 PM

Listed by: KACEY DREW, FLORIDA'S CHOICE REALTY LLC Phone #: (352) 857-9748

MLS: RealMLS #2049282

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