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$174,000

Beds
2
Baths
2.0
sq ft
1,122

1401 S Palmetto Ave Unit 600, Daytona Beach, FL 32114

1401 S Palmetto Ave Unit 600

Daytona Beach, FL 32114

  • 44 days on market
    • Price drop $5,000↓
Welcome to the Preserve at River's Edge. This furnished, move in ready condo has a split 2 bedroom plan with 2 full bathrooms. Sit out on the screened porch and enjoy the wildlife and beverage of choice. This is such as great place for first time homebuyers, retiree's, vacation home, or a rental. Situated in a gated community on the halifax river, it also features a community pool, spa, clubhouse , gym and car wash. New LVP floors, paint ,ceiling fan, and microwave in 2022. New A/C system and hot water heater in 2020. New stove and refrigerator in 2023. The community also has a dog park. So convenient to shopping ,restaurants, airport, Daytona International Speedway, colleges, and ''The Worlds Most Famous Beach '' Come tour this furnished home and let's get moved in before the holidays

Details

Property type

Condominium

Est. home value

$480,019

Property condition

Updated/Remodeled

Lot size

14.54 acres

Price per sq ft

$156

Year built

1987

Annual property taxes

$1,807

Monthly HOA fee

$565

Price History

12/19/2024
Daytona

Daytona #1205704

Price change
$174,000
-2.79%
12/07/2024
Daytona

Daytona #1205704

Price change
$179,000
-2.72%
11/22/2024
Daytona

Daytona #1205704

Price change
$184,000
-2.65%

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

-$300,456
Asking price
$174,000
Closing costs (~8% of asking)
-$13,920
Est. remaining loan balance
-$460,536
Cash to seller
-$300,456

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

Seller’s Loan History

Lender

Mattamy Home Funding Llc

Loan start date

March 2023

Original loan amount

$470,715

Est. remaining balance

$460,536

Interest rate

6.09%

Loan type

FHA, 30 year

Seller

Amanda Marie Knock and Michael David Lindsey Jr

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: 12/22/2024 at 6:35 AM

Listing updated: 12/19/2024 at 11:59 AM

Listed by: Debbie Ellis, EXP Realty LLC

MLS: Daytona #1205704

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