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$1,100,000

Beds
5
Baths
3.5
sq ft
2,260

424 Elm St, Fernandina Beach, FL 32034

424 Elm St

Fernandina Beach, FL 32034

  • 17 days on market
    • Open house Sep 21
Welcome to your dream home, just 5 blocks from d'town! This stunning 2016-built residence sits on a picturesque oak-canopied corner lot, blending modern luxury with timeless charm. Step inside to find smooth ceilings and luxury wood plank floors that flow seamlessly through an open floor plan. The kitchen is a chef's delight, featuring a sleek granite countertop and elegant lighting that adds a touch of sophistication to every meal. The primary suite on the main floor offers the ultimate retreat, while the three spacious upstairs bedrooms each boast walk-in closets, ensuring everyone has their own private haven. Need more space? The upstairs garage APT is perfect for guests, a home office, or rental income. The fenced front yard provides a safe play area, and the paved courtyard with a fire pit is the perfect spot for cozy evenings under the stars. Plus, with the beach less than 2.5 miles away, you'll enjoy the best of coastal living & the convenience of d'town. This is a lifestyle.

Details

Property type

Single Family Residence

Est. home value

$762,521

Lot size

4,791.6 sq ft

Price per sq ft

$487

Year built

2016

Annual property taxes

$10,630.5

Price History

08/30/2024
RealMLS

RealMLS #2045037

Listed
$1,100,000
+43.79%
03/22/2023
RealMLS

RealMLS #1209165

Sold
$765,000

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

$898,722
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$113,278
Cash to seller
$898,722

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

Seller’s Loan History

Lender

Morgan Stanley Private Bank Na

Loan start date

February 2016

Original loan amount

$232,500

Est. remaining balance

$113,278

Interest rate

3.22%

Loan type

New Conventional, 15 year

Seller

Chris L Starr and The Chris Starr Trust

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: 09/16/2024 at 4:15 PM

Listing updated: 09/09/2024 at 8:35 AM

Listed by: TAMARA JONES, SUMMER HOUSE REALTY Phone #: (904) 557-3020

MLS: RealMLS #2045037

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