tomo logo

$207,500

Beds
3
Baths
2.0
sq ft
1,654

278 SE Sullivan Ave, Madison, FL 32340

278 SE Sullivan Ave

Madison, FL 32340

  • 101 days on market
    • Price drop $2,500↓
Charming 3-Bedroom Home Near Lake Francis in Madison - Fully Updated! Welcome to your dream home! This beautifully updated 3-bedroom, 2-bathroom residence is located in the heart of Madison, just moments from Lake Francis and downtown. Offering a perfect blend of modern amenities and timeless charm, this home is ideal for families seeking both comfort and convenience. Step inside to discover an inviting and spacious living area with brand-new flooring that flows seamlessly throughout the entire home. The heart of the home is the fully renovated kitchen, featuring stunning granite countertops, modern appliances, and ample cabinetry—ideal for cooking and entertaining guests. The home has been meticulously updated to offer worry-free living with a new roof, new electrical system, new plumbing, and a new HVAC system—providing peace of mind for years to come. Enjoy your morning coffee or unwind with a good book on the cozy, screened-in front porch, a perfect spot to relax while enjoying the fresh air, all year round. The expansive outdoor area is ideal for family gatherings, play, or gardening, offering limitless opportunities for outdoor fun. This property also boasts a large outbuilding, offering additional storage space or potential for a workshop—great for hobbies or home projects. Don't miss the chance to own this fully updated home in a prime Madison location. Schedule your showing today and imagine the lifestyle that awaits you in this delightful gem!

Details

Property type

Single Family Residence

Est. home value

$172,003

Lot size

9,583 sq ft

Price per sq ft

$126

Year built

1932

Price History

01/30/2025
Tallahassee

Tallahassee #379025

Price change
$207,500
-1.19%
11/14/2024
Tallahassee

Tallahassee #379025

Listed
$210,000
+121.05%
09/30/2019
Tallahassee

Tallahassee #310062

Sold
$95,000

Schools & Community

Elementary school: 

Madison County Central School

Middle school: 

Madison County

High school: 

Madison County High School

Community features: 

Street Lights

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

$100,893
Asking price
$207,500
Closing costs (~8% of asking)
-$16,600
Est. remaining loan balance
-$90,007
Cash to seller
$100,893

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

Seller’s Loan History

Lender

Southpoint Financial Services Inc

Loan start date

September 2019

Original loan amount

$101,010

Est. remaining balance

$90,007

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

Jarrod Jefferson Sullivan

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?

Similar Homes Nearby

Tallahassee
$210,000
3 bd
|
2 ba
|
1,568 sq ft
|
House

403 SW Horry Ave, Madison, FL 32340

Tallahassee
$229,500
3 bd
|
2 ba
|
1,776 sq ft
|
House

3620 Alton Wentworth Rd, Greenville, FL 32331

Tallahassee
$219,000
3 bd
|
2 ba
|
1,280 sq ft
|
House

135 SE Oak St, Madison, FL 32340

Status: Active

Tomo last checked: 02/24/2025 at 5:05 AM

Listing updated: 02/11/2025 at 8:21 PM

Listed by: Jessica H Groover, Southern Land & Homes Phone #: (850) 973-2200

MLS: Tallahassee #379025

Tallahassee logo

Recently listed in Madison

$199,900|3 bd|2.0 ba|House
$340,000|3 bd|2.0 ba|House
$210,000|3 bd|2.0 ba|House
$270,000|4 bd|3.0 ba|House
$157,900|3 bd|2.0 ba|Manufactured
$129,900|2 bd|2.0 ba|Manufactured
$75,000|2 bd|1.0 ba|Manufactured
$219,000|3 bd|2.0 ba|House