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$224,900

Beds
3
Baths
1.5
sq ft
1,148

401 Cherry St, South Daytona, FL 32119

401 Cherry St

SOUTH DAYTONA, FL 32119

  • 147 days on market
    • Price drop $5,000↓
No flooding here. This charming 3-bedroom, 1.5-bath home is situated on a spacious, oversized lot in a peaceful cul-de-sac was high and dry during the hurricanes. The exterior boasts a large, fenced-in yard, perfect for entertaining and an a screened-in porch to just sit and relax. Recent updates include a roof and A/C system, both approximately 3 years old, as well as newer solar panels that significantly reduce electric costs. Conveniently located near shopping and just a short drive to the beach, this home is a must-see! Don’t miss the opportunity—schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$256,002

Lot size

0.32 acres

Price per sq ft

$196

Year built

1972

Annual property taxes

$3,943.73

HOA

No

Price History

11/14/2024
StellarMLS

StellarMLS #V4937125

Price change
$224,900
-2.17%
11/01/2024
StellarMLS

StellarMLS #V4937125

Listed
$229,900
10/17/2024
StellarMLS

StellarMLS #V4937125

Pending
$229,900

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

$45,026
Asking price
$224,900
Closing costs (~8% of asking)
-$17,992
Est. remaining loan balance
-$161,882
Cash to seller
$45,026

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

February 2021

Original loan amount

$176,739

Est. remaining balance

$161,882

Interest rate

2.65%

Loan type

FHA, 30 year

Seller

Russell Norman Hopkins and Dawn Annette Hopkins

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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Status: Active

Tomo last checked: 11/22/2024 at 11:00 PM

Listing updated: 11/14/2024 at 2:30 PM

Listed by: Monica Kapp, IRON VALLEY REAL ESTATE DELTONA LAKES Phone #: (386) 944-9464

MLS: StellarMLS #V4937125

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Recently listed in SOUTH DAYTONA