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$539,000

Beds
2
Baths
2.0
sq ft
1,340

1560 Lancaster Ter Unit 604, Jacksonville, FL 32204

1560 Lancaster Ter Unit 604

Jacksonville, FL 32204

  • 141 days on market
    • Price drop $5,000↓
Discover wonderful waterfront living at its finest in this stunning 2 bedroom, 2 bath condominium nestled within the prestigious Broadview Terrace building, perched along the serene banks of the St. Johns River. Located in the vibrant Riverside area of Jacksonville. This 6th floor gem offers unparalleled views of downtown Jacksonville and breathtaking sunsets that paint the sky each evening. Step into elegance with a newly updated kitchen boasting sleek cabinets, state-of-the-art appliances, and modernized lighting fixtures. The residence features gorgeous hardwood floors throughout, complemented by plush carpeting in the bedrooms for added comfort. Enjoy leisurely moments in the expansive glass-enclosed patio, where panoramic vistas of the St. Johns River provide a serene backdrop to everyday living. This unit has an assumable mortgage. This coveted corner unit is move-in ready, offering convenience with an included parking space in the secure underground garage. The Broadview Terrace building stands as a testament to quality, meticulously maintained with a strong financial foundation and reserves. Residents will relish in the convenience of a short stroll to Riverside's finest shops and dining establishments, ensuring a lifestyle of utmost sophistication and ease. Just a short walk is Memorial Park right on the St. Johns River. Don't miss this exceptional opportunity to experience Jacksonville from a lofty perspective. Schedule your private viewing today and envision yourself calling this remarkable property home.

Details

Property type

Condominium

Est. home value

$526,026

Lot size

Unknown

Price per sq ft

$403

Year built

1962

Annual property taxes

$7,195.45

Monthly HOA fee

$1,201

Price History

11/01/2024
RealMLS

RealMLS #2035228

Listed
$539,000
11/01/2024
RealMLS

RealMLS #2035228

Removed
$539,000
10/24/2024
RealMLS

RealMLS #2035228

Price change
$539,000
-0.92%

Schools & Community

Neighborhood: 

Riverside

Elementary school: 

Central Riverside

Middle school: 

Landmark

High school: 

Riverside

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

$170,956
Asking price
$539,000
Closing costs (~8% of asking)
-$43,120
Est. remaining loan balance
-$324,924
Cash to seller
$170,956

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

Seller’s Loan History

Lender

Whitney Bank

Loan start date

January 2021

Original loan amount

$356,000

Est. remaining balance

$324,924

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

William E Bradshaw and Nancy J Lamey

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: 11/22/2024 at 5:25 AM

Listing updated: 11/14/2024 at 8:22 PM

Listed by: TED MELLO, LUXURY PROPERTY SERVICES GROUP Phone #: (904) 536-7162

MLS: RealMLS #2035228

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