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$401,045Estimated home value

Beds
2
Baths
2.0
sq ft
1,451

198 Magnolia Dr, Ormond Beach, FL 32176

198 Magnolia Dr

ORMOND BEACH, FL 32176

  • Sold On 10/29/2021
    • Price drop $20,000↓
Walk to the Beach! Enjoy Ocean Breezes from this jewel of a home. Beautiful paver walkway leads to the front door. 2/2 plan with large sun room, separate living room and timeless hardwood floors. The seller has made many upgrade in the past 2 years included electrical, plumbing, Heat & AC system, hot water heater, several appliances, painting, gutters, irrigation system, and the list goes on. New roof 2016. A large paver patio and walkway winds through a beautiful tropical paradise. Custom wood high end wood fence and shed are also newer. Do you have a green thumb?Back yard includes 3 raised planting beds potting bench. The garage includes custom built in storage cabinets . Transferable termite bond included. Walking distance to Beachside restaurant, coffee shop, and beach access.

Details

Property type

Single Family Residence

Est. home value

$401,045

Lot size

7,875 sq ft

Price per sq ft

$259

Year built

1953

Annual property taxes

$1,988

Price History

03/06/2025
Daytona

Daytona #1203582

Removed
$459,000
11/13/2024
Daytona

Daytona #1203582

Price change
$459,000
-0.22%
10/26/2024
Daytona

Daytona #1203582

Price change
$460,000
-4.17%

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

$78,707
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$266,293
Cash to seller
$78,707

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

$266,293

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: Off Market

Tomo last checked: 04/03/2025 at 4:20 AM

Listing updated: 09/07/2022 at 10:56 PM

Listed by: JOHN CORBETT, COLDWELL BANKER PREMIER PROPERTIES Phone #: (386) 445-5880

MLS: StellarMLS #FC270399

StellarMLS logo

Recently listed in ORMOND BEACH