tomo logo

$1,500,000

Beds
5
Baths
3.5
sq ft
3,841

40 Secretariat Ln, Flagler Beach, FL 32136

40 Secretariat Ln

Flagler Beach, FL 32136

  • 67 days on market
Discover this stunning 5-bedroom, 3.5-bath custom built luxury home on 5 acres, located in an exclusive equestrian-friendly gated community near the serene Bulow State Park. This estate features a spacious kitchen that opens up to the living area with beautiful wood beams gracing the cathedral ceilings. Separate expansive dining room adds a touch of rustic elegance. Primary bedroom is downstairs with lots of room and natural light-a true private en-suite. Head up the beautiful staircase to the rest of the bedrooms. All are oversized with plenty of room and natural light. The 5th bedroom is ideal for a game room, media theatre room, home office, or guest suite, offering flexibility to suit your lifestyle. Step outside the pocket sliding doors to your private backyard oasis, complete with a sparkling saltwater pool and shaded by large oak trees, creating a charming Old Florida vibe. 2 acres of the 5 have been cleared and professionally landscaped with brand new custom fence. The community offers scenic trails for horseback riding and walking, as well as water access for kayaking. Short drive to the beach, shopping, and restaurants, this home combines the peacefulness of nature and privacy with modern convenience and luxury. Perfect for those seeking a tranquil yet active lifestyle. See documents for list of upgrades.

Details

Property type

Single Family Residence

Lot size

5.2 acres

Price per sq ft

$391

Year built

2022

Annual property taxes

$10,905

Monthly HOA fee

$190.33

Price History

10/17/2024
Daytona

Daytona #1204842

Listed
$1,500,000
+1385.15%
06/29/2020
StellarMLS

StellarMLS #FC255208

Sold
$101,000

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

$916,531
Asking price
$1,500,000
Closing costs (~8% of asking)
-$120,000
Est. remaining loan balance
-$463,469
Cash to seller
$916,531

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

October 2020

Original loan amount

$510,000

Est. remaining balance

$463,469

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Jason Spillers and Bonnie Spillers

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

Price drop
StellarMLS
$1,299,000
5 bd
|
4.5 ba
|
3,300 sq ft
|
House

608 Riverview Rd, Flagler Beach, FL 32136

StellarMLS
$1,350,000
4 bd
|
4 ba
|
3,084 sq ft
|
House

601 Cumberland Dr, Flagler Beach, FL 32136

StellarMLS
$1,297,000
3 bd
|
3.5 ba
|
3,245 sq ft
|
House

8 Bulows Lndg, Flagler Beach, FL 32136

Status: Active

Tomo last checked: 12/23/2024 at 12:10 AM

Listing updated: 11/12/2024 at 12:21 PM

Listed by: Amber Morgan, Keller Williams Realty Florida Partners

MLS: Daytona #1204842

Daytona logo

Recently listed in Flagler Beach