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$289,700

Beds
2
Baths
2.0
sq ft
1,300

14 Magnolia Dr S, Ormond Beach, FL 32174

14 Magnolia Dr S

Ormond Beach, FL 32174

  • 187 days on market
    • Price drop $10,200↓
It's all about the location and this location is simply perfect... Nestled in beautiful Plantation Bay with gorgeous lake and golf course views. This is the perfect spot to view rocket laches from Kennedy Space Center, exotic wild life and bird watching. This first floor condo is in immaculate, mint condition boasting a large wrap around screened in lanai adding an extension of year round living space. Plantation Point is just inside the gates of Plantation Bay, a private gated country club community with 2- 18 hole and 1- 9 hole signature golf courses. Condo is located within walking distance to all of the amenities. Various club memberships are available. Excellent home for year round living or a second home get away. If you are looking for affordability in a pristine neighborhood you just found it.

Details

Property type

Condominium

Est. home value

$684,107

Lot size

1,742.4 sq ft

Price per sq ft

$223

Year built

1988

Annual property taxes

$837

Price History

08/19/2024
Daytona

Daytona #1123855

Price change
$289,700
-3.4%
05/20/2024
Daytona

Daytona #1123855

Listed
$299,900

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

$66,180
Asking price
$289,700
Closing costs (~8% of asking)
-$23,176
Est. remaining loan balance
-$200,344
Cash to seller
$66,180

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

Seller’s Loan History

Lender

Norwich Commercial Group Inc

Loan start date

August 2020

Original loan amount

$220,500

Est. remaining balance

$200,344

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Donald D Banister and Jacqueline Banister

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?

Status: Active

Tomo last checked: 11/22/2024 at 11:40 PM

Listing updated: 11/18/2024 at 10:49 AM

Listed by: Traci C. Yeager, Realty Executives Oceanside

MLS: Daytona #1123855

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