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$649,000

Beds
4
Baths
3.0
sq ft
1,817

131 Barrier Isle Dr, Ormond Beach, FL 32176

131 Barrier Isle Dr

ORMOND BEACH, FL 32176

  • 51 days on market
    • Price drop $20,000↓
This is a gorgeous beach side abode. An entertainers dream. Huge open spaces allow for a light and airy feeling. Off the living room is a giant flex room for more entertaining or office space. Split floor plan and everything is remodeled. Brand new roof with transferable 10 year warranty, fresh exterior paint and under ground power lines. Brand new kitchen and 10 foot ceilings. Steps away from the beach make the back yard oasis a dream while hearing the waves crash. BONUS..... In addition there is a mother in law apartment on the second floor full equipped with a kitchen and bathroom. Currently renting for $1,600.00 a month. What a dream.

Details

Property type

Single Family Residence

Est. home value

$593,244

Lot size

9,317 sq ft

Price per sq ft

$358

Year built

1992

Annual property taxes

$8,959

HOA

No

Price History

11/09/2024
StellarMLS

StellarMLS #FC304373

Price change
$649,000
-2.99%
10/03/2024
StellarMLS

StellarMLS #FC304373

Listed
$669,000
+11.69%
06/01/2022
Daytona

Daytona #1093670

Sold
$599,000

Schools & Community

Neighborhood: 

Ormond-by-the-Sea

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

$135,589
Asking price
$649,000
Closing costs (~8% of asking)
-$51,920
Est. remaining loan balance
-$461,491
Cash to seller
$135,589

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

Seller’s Loan History

Lender

Union Home Mortgage Corp

Loan start date

June 2022

Original loan amount

$479,200

Est. remaining balance

$461,491

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Colleen Ann Mctiernan and Christopher C Mctiernan

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?

Similar Homes Nearby

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Status: Active

Tomo last checked: 11/23/2024 at 6:00 AM

Listing updated: 11/09/2024 at 4:00 PM

Listed by: Tracie Culver, CULVER REALTY & PROPERTY MANAGEMENT Phone #: (386) 414-3445

MLS: StellarMLS #FC304373

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Recently listed in ORMOND BEACH