tomo logo

$325,000

Beds
3
Baths
3.0
sq ft
2,192

179 S Duval Ave, Madison, FL 32340

179 S Duval Ave

MADISON, FL 32340

  • 116 days on market
    • Price drop $10,000↓
Welcome to this charming historic home in the heart of the growing town of Madison, offering a unique blend of commercial and residential opportunities. The front of this beautiful property is currently run as a crystal shop, while the owners reside comfortably in the back, providing endless possibilities for both entrepreneurs and families. With 3 spacious bedrooms, 3 bathrooms, and 2,192 square feet of living space, this home offers ample room for both living and business needs. The expansive front porch provides a welcoming space ideal for relaxation or greeting customers, while the tranquil meditation garden in the backyard offers a peaceful oasis. In addition to the main house, a detached building features three dorm-style apartments, one of which is leased month-to-month, presenting potential rental income. These apartments could be renovated to increase rent or converted into office spaces to support your business ventures. Centrally located in Madison, this property is just blocks away from downtown dining and shopping. Sitting on over half an acre, this historic gem is a rare find with immense potential for total residential or total commercial use. Don’t miss your chance to own a piece of Madison’s history while shaping its future.

Details

Property type

Single Family Residence

Est. home value

$193,790

Lot size

0.52 acres

Price per sq ft

$149

Year built

1870

Annual property taxes

$2,717.31

Price History

08/22/2024
StellarMLS

StellarMLS #GC524101

Price change
$325,000
-2.99%
07/30/2024
StellarMLS

StellarMLS #GC524101

Listed
$335,000
+235%
07/14/2020
Tallahassee

Tallahassee #311512

Sold
$100,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Madison County Community Bank

Loan start date

July 2020

Original loan amount

$70,000

Est. remaining balance

Not provided

Interest rate

3.15%

Loan type

Purchase Money Mortgage, 30 year

Seller

Billie Joe Margraves

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: 11/23/2024 at 5:30 AM

Listing updated: 08/22/2024 at 4:20 PM

Listed by: Brandon Moore, KELLER WILLIAMS GAINESVILLE REALTY PARTNERS Phone #: (352) 240-0600

MLS: StellarMLS #GC524101

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