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$456,000

Beds
3
Baths
2.0
sq ft
1,304

136 Via Madrid Dr, Ormond Beach, FL 32176

136 Via Madrid Dr

Ormond Beach, FL 32176

  • 88 days on market
    • Price drop $19,000↓
Coastal gem nestled in between the Atlantic Ocean and the Intracoastal in desirable Ormond by the Sea. Newly built in 2021, this home comes with a Home Warranty putting your mind at ease. Let this low maintenance home work for you, short term rent 12X a year (once every 30 days) or rent for special events only like Bike Week, Biketoberfest, The Daytona 500 or any one of the Major events. Featuring an open floor plan, neutral tones, plantation shutters, and dimmer switches throughout, this home combines functionality with coastal elegance. Open the triple slider to extend your entertaining space into the backyard oasis completely fenced featuring beautifully laid pavers that create a seamless flow for entertainment and relaxation. The covered pergola offers shade, perfect for al fresco dining. The outdoor shower is perfect for rinsing off after a day at the beach, fishing or boating. There are endless opportunities for outdoor adventures, from kayaking, fishing, surfing or enjoying the dog park only 2 miles away. Imagine sunrises over the ocean, colorful sunsets over the Intracoastal, and gentle ocean breezes all day long. No HOA fees or Flood Insurance required. Perfectly situated in-between two two-story homes and equipped with vinyl thermal hurricane windows and sliders, you are protected during hurricane season. Schedule your tour today.

Details

Property type

Single Family Residence

Est. home value

$558,987

Property condition

Updated/Remodeled

Lot size

6,094.04 sq ft

Price per sq ft

$350

Year built

2021

Annual property taxes

$5,852

Price History

12/11/2024
Daytona

Daytona #1204331

Price change
$456,000
-4%
12/03/2024
Daytona

Daytona #1204331

Price change
$475,000
-4.98%
09/27/2024
Daytona

Daytona #1204331

Listed
$499,900
-9.11%

Schools & Community

Neighborhood: 

Ormond-by-the-Sea

Elementary school: 

Beachside

Middle school: 

Ormond Beach

High school: 

Seabreeze

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

$80,384
Asking price
$456,000
Closing costs (~8% of asking)
-$36,480
Est. remaining loan balance
-$339,136
Cash to seller
$80,384

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

Seller’s Loan History

Lender

Bayfirst National Bank

Loan start date

August 2022

Original loan amount

$350,000

Est. remaining balance

$339,136

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

Neil Tomkin and Alicia Tomkin

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: 12/24/2024 at 1:15 PM

Listing updated: 12/20/2024 at 7:30 PM

Listed by: Robyn Stahl, LPT Realty, LLC

MLS: Daytona #1204331

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