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$390,000

Beds
2
Baths
2.5
sq ft
1,374

2525 College St Unit 1104, Jacksonville, FL 32204

2525 College St Unit 1104

Jacksonville, FL 32204

  • 17 days on market
    • Open house Sep 21
Welcome to your haven! Discover this exceptional, luxury condo nestled in the vibrant heart of Riverside at The John Gorrie Community. Originally constructed in 1927 as the John Gorrie Junior High School, this beautifully repurposed schoolhouse offers a unique blend of historical charm and modern convenience, making it the perfect choice for easy and secure condo living. This particular unit is one of the select few that occupies the original gymnasium/auditorium, featuring soaring 40-foot ceilings and expansive windows that flood the space with natural light. Step outside to your private terrace, where you can enjoy the serene surroundings. Inside, you'll find stunning new cherry oak hardwood floors, state-of-the-art smart technology air conditioning, and a brand-new refrigerator. The inviting reclining leather pit sofa adds a touch of comfort and style. Additionally, the seller is generously offering 270 square feet of matching wood for future touches to the stairs or bedrooms

Details

Property type

Condominium

Est. home value

$389,057

Lot size

871.2 sq ft

Price per sq ft

$284

Year built

1927

Annual property taxes

$4,742.18

Monthly HOA fee

$710.13

Price History

09/04/2024
RealMLS

RealMLS #2045606

Listed
$390,000
+18.18%
07/01/2021
RealMLS

RealMLS #1100511

Sold
$330,000
+24.06%
02/16/2017
RealMLS

RealMLS #729069

Sold
$266,000

Schools & Community

Neighborhood: 

Riverside

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

$128,367
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$230,433
Cash to seller
$128,367

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

July 2021

Original loan amount

$247,500

Est. remaining balance

$230,433

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Tyler Thomas

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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2525 College St Unit 1120, Jacksonville, FL 32204

Status: Active

Tomo last checked: 09/20/2024 at 8:20 PM

Listing updated: 09/17/2024 at 10:56 AM

Listed by: IAN LILLARD THOMAS, HOUSE & HAVEN Phone #: (904) 774-2836

MLS: RealMLS #2045606

RealMLS logo

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