tomo logo

$550,000

Beds
5
Baths
3.0
sq ft
2,282

205 E Voorhis Ave, Deland, FL 32724

205 E Voorhis Ave

DELAND, FL 32724

  • 212 days on market
    • Price drop $25,000↓
BUYERS FINANCING FELL THROUGH 2 DAYS BEFORE CLOSING!!! LOCATION LOCATION LOCATION!! Investor Alert. Check out this beautifully maintained historic Triplex in the heart of Downtown Deland. This property consists of a two-story building with 2- 2 bedroom/1 bath units and a detached 1/1 cottage. All units are full of character and charm, and are walking distance to shopping, dining, and all downtown Deland has to offer. You are only 1 mile from Stetson University. Don't let this investment opportunity pass you by. Call today to set up your private showing. All information taken from the tax record, and while deemed reliable, cannot be guaranteed.

Details

Property type

Single Family Residence

Est. home value

$437,069

Lot size

3,287 sq ft

Price per sq ft

$242

Year built

1903

Annual property taxes

$7,226

HOA

No

Price History

10/23/2024
StellarMLS

StellarMLS #V4935901

Listed
$550,000
09/13/2024
StellarMLS

StellarMLS #V4935901

Pending
$550,000
08/27/2024
StellarMLS

StellarMLS #V4935901

Listed
$550,000

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

$288,873
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$217,127
Cash to seller
$288,873

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

Seller’s Loan History

Lender

Plaza Home Mortgage Inc

Loan start date

July 2022

Original loan amount

$225,000

Est. remaining balance

$217,127

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Thomas Solano

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 4:10 AM

Listing updated: 10/23/2024 at 9:12 AM

Listed by: Jessica Jackson, SIMPLY REAL ESTATE Phone #: (386) 677-0870

MLS: StellarMLS #V4935901

StellarMLS logo

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