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$550,000

Beds
4
Baths
2.0
sq ft
2,489

167 N Ridgewood Ave, Ormond Beach, FL 32174

167 N Ridgewood Ave

Ormond Beach, FL 32174

  • 59 days on market
Welcome to your dream home in the heart of Ormond Beach! This remodeled 4-bedroom, 2-bath residence is perfectly situated in a great location close to the river. With two separate living areas, this home is ideal for in-laws or as a vacation retreat. Downstairs, you'll find two spacious bedrooms, large kitchen, a cozy fireplace, and a patio area, perfect for relaxing or entertaining. Upstairs, enjoy the brand-new kitchen with an eat-in area, modern bathroom, and fresh flooring. The open floor plan creates a seamless flow throughout the home, leading to a large upper deck that is perfect for entertaining and enjoying the beautiful Florida weather. Additional updates include a 4-year-old roof, newer AC units, gutters, and a water heater, ensuring peace of mind for years to come. Don't miss out on this fantastic opportunity to own a beautiful home in one of Ormond Beach's most sought-after locations! Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.

Details

Property type

Single Family Residence

Est. home value

$504,385

Lot size

7,000.09 sq ft

Price per sq ft

$221

Year built

1985

Annual property taxes

$5,195

Price History

07/22/2024
Daytona

Daytona #1201848

Listed
$550,000
+8.27%
06/05/2023
Daytona

Daytona #1108419

Sold
$508,000
+290.77%
05/19/2017
Daytona

Daytona #1028335

Sold
$130,000

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

$5,306
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$500,694
Cash to seller
$5,306

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

June 2023

Original loan amount

$508,000

Est. remaining balance

$500,694

Interest rate

6.39%

Loan type

VA, 30 year

Seller

Trenton Butler

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: 09/19/2024 at 12:20 PM

Listing updated: 07/22/2024 at 4:04 PM

Listed by: Buzzy Porter, Realty Pros Assured

MLS: Daytona #1201848

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