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$460,000

Beds
2
Baths
2.0
sq ft
1,451

198 Magnolia Dr, Ormond Beach, FL 32176

198 Magnolia Dr

Ormond Beach, FL 32176

  • 58 days on market
    • Price drop $20,000↓
This home is the epitome of a beautiful HGTV makeover and is designed for easy living just ONE BLOCK from the beach!. The highlight of this home is the huge BRAND NEW KITCHEN with the latest colors and features, including travertine flooring. A very large sit-down island and cozy breakfast nook area allow for comfortable casual dining and get-togethers with friends and family. Sleek quartz and butcher block countertops, modern stainless steel appliances and ample storage seamlessly blend style with function. The two pristine bathrooms have been meticulously remodeled using the latest colors, tiles, sinks and upgraded brushed gold fixtures. The primary bath has a large, glass-enclosed shower while the hall bath has a new soaker tub, both featuring a rain head and hand held shower. The home's original wood floors run throughout the main living area and bedrooms, adding a warmth that complements its modern upgrades. In addition to the two bedrooms, there is a flex room off the living... ...area perfect for an office, library or exercise room. The huge paver front porch gives the home a welcoming appeal. The fenced backyard with a large paver patio is a private tropical oasis creating a sense of seclusion and tranquility, and the outdoor shower is handy to rinse off the beach sand. The oversized one-car garage has space for your car and practical storage. Minutes to Bellair Shopping Plaza ( including Publix) and a myriad of other shopping choices and restaurants. Picture the ease of beachside living, where the ocean waves create a daily soundtrack and a quick stroll has you basking in the sun or dipping your toes in the ocean. Whether you're entertaining, relaxing, or exploring, this home and its beachside location offers a truly idyllic lifestyle.

Details

Property type

Single Family Residence

Est. home value

$401,045

Property condition

Updated/Remodeled

Lot size

7,875.65 sq ft

Price per sq ft

$318

Year built

1953

Annual property taxes

$3,952

Price History

10/26/2024
Daytona

Daytona #1203582

Price change
$460,000
-4.17%
09/06/2024
Daytona

Daytona #1203582

Listed
$480,000
+33.33%
10/29/2021
StellarMLS

StellarMLS #FC270399

Sold
$360,000
+67.44%

Schools & Community

Elementary school: 

Beachside

Middle school: 

Ormond Beach

High school: 

Seabreeze

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

$154,144
Asking price
$460,000
Closing costs (~8% of asking)
-$36,800
Est. remaining loan balance
-$269,056
Cash to seller
$154,144

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

Seller’s Loan History

Lender

Equity Prime Mortgage Llc

Loan start date

October 2021

Original loan amount

$288,000

Est. remaining balance

$269,056

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Kyle Marc Davis and Sarah Kolodziejski

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: 11/03/2024 at 9:15 AM

Listing updated: 10/28/2024 at 3:00 AM

Listed by: Diana Janzen, Adams, Cameron & Co., Realtors

MLS: Daytona #1203582

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