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$385,000

Beds
5
Baths
2.5
sq ft
2,078

1312 Mardrake Rd, Daytona Beach, FL 32114

1312 Mardrake Rd

DAYTONA BEACH, FL 32114

  • 14 days on market
Fantastic personal or business opportunities await at this versatile 5 bed, 2.5 bath completely updated and furnished home. Currently leased at $3100/mo, take advantage of the immediate passive income. This home has also recently been licensed as an assisted living facility and is set up to accomodate multiple residents. The layout is flexible with the possibility of a mother in law suite with a separate entrance, benefitting multigenerational families. Meticulously kept, luxury vinyl planks throughout, the kitchen features samsung smart appliances, 42 inch shaker cabinets, quartz countertops, farmhouse sink and incredible views of the lush and private back yard. 2021 roof, 16KW Generac propane generator, electronic key pad for front door entry, state inspected fire alarm and sprinkler system, remote controlled ceiling fans, irrigation system, laundry room with plenty of storage and utility sink, an extra room to serve as den or office, the list of bonuses goes on and on!

Details

Property type

Single Family Residence

Est. home value

$512,497

Lot size

8,800 sq ft

Price per sq ft

$186

Year built

1977

Annual property taxes

$5,304.55

HOA

No

Price History

02/24/2025
StellarMLS

StellarMLS #O6284142

Listed
$385,000
-3.51%
02/19/2025
StellarMLS

StellarMLS #O6282424

Removed
$399,000
02/19/2025
StellarMLS

StellarMLS #O6282424

Listed
$399,000

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

-$61,469
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$415,669
Cash to seller
-$61,469

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

March 2022

Original loan amount

$441,000

Est. remaining balance

$415,669

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Joseph C Mckiernan and Kim Mckiernan Myers

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: 03/10/2025 at 6:55 AM

Listing updated: 02/25/2025 at 2:48 PM

Listed by: Jo Davila-Unger, EXP REALTY LLC Phone #: (888) 883-8509

MLS: StellarMLS #O6284142

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