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$695,184Estimated home value

Beds
2
Baths
2.5
sq ft
2,321

408 E Bay St, Jacksonville, FL 32202

408 E Bay St

Jacksonville, FL 32202

  • Off market
Receive $20,000 in a forgivable grant to assist in closing costs , down payment, or permanent rate buy down if using Ameris Bank for FHA, VA, or conventional loan. Rare opportunity to own a direct riverfront townhouse. One of only six three story units of this size in the 20 units townhome complex. Two owner's suite on second floor and a large flex bonus room on the third floor. Gated and private brick paver courtyard facing the river. Be in the thick of the action when the barge pulls right up in front of your unit for the city's finest Fourth of July and New Year's Eve fireworks. Have a front row seat for the popular annual boat parade. Everyday you can curl up in the window seat with a cup of coffee/tea or a glass of wine and watch dolphins play and boat sail by. Feel like you are on a vacation everyday! New water heater, one of the A/C unit is newer, newer laminate floor in the bedrooms, newer brick pavers in back courtyard, updated high end appliances, new stair rail

Details

Property type

Townhouse

Est. home value

$695,184

Lot size

2,178 sq ft

Price per sq ft

$313

Year built

2002

Annual property taxes

$8,443.41

Monthly HOA fee

$500

Price History

07/03/2024
RealMLS

RealMLS #2021091

Removed
$724,900
04/19/2024
RealMLS

RealMLS #2021091

Listed
$724,900
+15.98%
04/05/2022
RealMLS

RealMLS #1145989

Sold
$625,000
+5.04%

Schools & Community

Neighborhood: 

Downtown Jacksonville

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

$451,070
Asking price
$724,900
Closing costs (~8% of asking)
-$57,992
Est. remaining loan balance
-$215,838
Cash to seller
$451,070

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

April 2022

Original loan amount

$225,108

Est. remaining balance

$215,838

Interest rate

3.92%

Loan type

VA, 30 year

Seller

Jeffery Elvin Hines and Sally Lee Hines

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: Off Market

Tomo last checked: 07/05/2024 at 11:25 PM

Listing updated: 05/22/2024 at 11:21 AM

Listed by: STEPHEN HACHEY, LOWEST FEE REALTY LLC Phone #: (904) 720-2755

MLS: RealMLS #2021091

RealMLS logo