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$575,000

Beds
4
Baths
3.0
sq ft
2,386

40 Winchester Rd, Ormond Beach, FL 32174

40 Winchester Rd

ORMOND BEACH, FL 32174

  • 1 day on market
Short Sale. SHORT SALE!! SHORT SALE!! 4 Bedroom. 3 bath. 2 car garage. 3386 Sq. Ft. on 5 Acres of land. Needs TLC. Bankruptcy short sale will take about 120 days to get response on offer from lien holders.

Details

Property type

Single Family Residence

Est. home value

$838,437

Lot size

5.0 acres

Price per sq ft

$241

Year built

1981

Annual property taxes

$428.9

Monthly HOA fee

$83.33

Price History

02/21/2025
StellarMLS

StellarMLS #FC307526

Listed
$575,000
-30.93%
02/06/2025
Daytona

Daytona #1200666

Removed
$832,500
10/30/2024
Daytona

Daytona #1200666

Price change
$832,500
-2.06%

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

-$154,276
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$683,276
Cash to seller
-$154,276

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

September 2021

Original loan amount

$740,000

Est. remaining balance

$683,276

Interest rate

2.77%

Loan type

VA, 30 year

Seller

Elisha G Perkins and Kristen M Perkins

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: 02/22/2025 at 6:30 PM

Listing updated: 02/22/2025 at 6:55 AM

Listed by: Naji Hassan, 7 STAR REALTY Phone #: (904) 425-8280

MLS: StellarMLS #FC307526

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