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$640,000

Beds
3
Baths
3.0
sq ft
2,365

1596 Lancaster Ter Unit 7A, Jacksonville, FL 32204

1596 Lancaster Ter Unit 7A

Jacksonville, FL 32204

  • 325 days on market
    • Price drop $20,000↓
One of the best locations in Jacksonville-riverfront & walkable to restaurants, parks, Riverside Art Mart, banks, Publix, & the Cummer Art Museum. Everything is just blocks away. With cosmetic updating, this could be your forever home. A modern lobby with a secured entrance invites you into the building. Then, up to the 7th floor where solid wood double entry doors lead to an elegant foyer. Functionality & comfort define the space w/ parquet floors, moldings, floor to ceiling built ins, decorative fireplace, galley kitchen & plenty of wall space for art work. Panoramic views of the St Johns River from several rooms to watch the dolphins play. Amenities include full-time management, a second-floor pool, a gym, and a tennis courts. Garage parking secured, 2nd floor, 1 space.

Details

Property type

Condominium

Est. home value

$699,322

Lot size

Unknown

Price per sq ft

$271

Year built

1974

Monthly HOA fee

$1,051

Price History

06/18/2024
RealMLS

RealMLS #1242462

Price change
$640,000
-3.03%
04/05/2024
RealMLS

RealMLS #1242462

Price change
$660,000
-4.21%
02/16/2024
RealMLS

RealMLS #1242462

Price change
$689,000
-2.41%

Schools & Community

Neighborhood: 

Riverside

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$243,353
Asking price
$640,000
Closing costs (~8% of asking)
-$51,200
Est. remaining loan balance
-$345,447
Cash to seller
$243,353

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

Seller’s Loan History

Lender

Bbmc Mortgage Llc

Loan start date

February 2016

Original loan amount

$417,000

Est. remaining balance

$345,447

Interest rate

3.96%

Loan type

New Conventional, 30 year

Seller

Rosabelle V Judge

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: 07/03/2024 at 1:15 PM

Listing updated: 06/18/2024 at 12:33 PM

Listed by: BETH KING, TRADITIONS REALTY LLC Phone #: (904) 683-5230

MLS: RealMLS #1242462

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