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$340,000

Beds
3
Baths
2.0
sq ft
1,644

355 S Orchard St, Ormond Beach, FL 32174

355 S Orchard St

Ormond Beach, FL 32174

  • 1 day on market
This 3-bedroom, 2-bathroom home offers a fantastic opportunity for buyers willing to invest some TLC. While the house has seen updates since its last purchase in 2022, there are a few areas that need attention, including an estimated 5,100 dollar repair on the roof eave where a patio cover was damaged/removed by Hurricane Milton, and the pool/surround, which requires maintenance and cleaning. The home is being sold as-is and qualifies for conventional loans or cash purchases only. Located in a flood zone, the property currently carries an affordable flood insurance policy of approximately 534 dollars per year. Importantly, the home has not experienced any flooding that the seller is aware of. The exterior of the home is in good condition, apart from the roof eave and pool. This property is a great opportunity for the right buyer to secure a home with excellent potential.

Details

Property type

Single Family Residence

Est. home value

$383,229

Property condition

Fixer
Updated/Remodeled

Lot size

7,501.03 sq ft

Price per sq ft

$207

Year built

1973

Annual property taxes

$5,366

Price History

01/08/2025
Daytona

Daytona #1207579

Listed
$340,000
-4.49%
02/03/2022
Daytona

Daytona #1091539

Sold
$356,000
+119.75%
05/18/2021
Daytona

Daytona #1082099

Sold
$162,000

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

-$4,596
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$317,396
Cash to seller
-$4,596

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

Seller’s Loan History

Lender

Mutual Of Omaha Mortgage Inc

Loan start date

January 2022

Original loan amount

$338,200

Est. remaining balance

$317,396

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

Darryl Maurice Isaac and Patricia Ann Isaac

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?

Status: Active

Tomo last checked: 01/09/2025 at 7:10 AM

Listing updated: 01/08/2025 at 12:50 PM

Listed by: Tara Lovesee, RE/MAX Signature

MLS: Daytona #1207579

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