tomo logo

$695,000

Beds
5
Baths
3.0
sq ft
3,020

4628 Tree Top Ln, Edgewater, FL 32141

4628 Tree Top Ln

EDGEWATER, FL 32141

  • 75 days on market
    • Price drop $5,000↓
One or more photo(s) has been virtually staged.****SELLER FINANCE AVAILABLE*** Low down payment: $625k sale price $90k cash to close $525k loan at 4 APR (about $2,700 a month plus taxes and insurance) with 7 year balloon!! Discover this hidden gem just 10 minutes from New Smyrna Beach—a private two-home estate on 1.3 acres that offers both luxury and versatility. The main home impresses with 2,214 sq. ft. of open living space, featuring cathedral ceilings, skylights, and a screened-in pool with a new pump. The master suite is a retreat with its private office, dual walk-in closets, and a spa-like bath. The second home adds a wow factor with 1,092 sq. ft. of living space, including two bedrooms, a full kitchen, and a private patio—perfect for accommodating guests, generating rental income, or creating a multi-generational living setup. The estate is enhanced by hurricane shutters, surveillance cameras, and an RV pad. With no HOA, this fully fenced property offers privacy, room for all your toys, and great investment potential. Close to parks, shopping, and dining, this estate truly offers the best of both worlds—an exquisite home and a smart investment. DON'T PASS UP THIS COUNTRY COMPOUND!!

Details

Property type

Single Family Residence

Est. home value

$664,341

Lot size

1.3 acres

Price per sq ft

$231

Year built

1997

Annual property taxes

$11,945.83

HOA

No

Price History

10/03/2024
StellarMLS

StellarMLS #O6234519

Price change
$695,000
-0.71%
09/13/2024
StellarMLS

StellarMLS #O6234519

Price change
$700,000
-3.45%
08/20/2024
StellarMLS

StellarMLS #O6234519

Listed
$725,000
+1.97%

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

$361,448
Asking price
$695,000
Closing costs (~8% of asking)
-$55,600
Est. remaining loan balance
-$277,952
Cash to seller
$361,448

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

Seller’s Loan History

Lender

First Green Bank

Loan start date

March 2018

Original loan amount

$319,200

Est. remaining balance

$277,952

Interest rate

4.04%

Loan type

New Conventional, 30 year

Seller

Adriana Honekamp

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: 11/03/2024 at 9:00 AM

Listing updated: 11/02/2024 at 9:38 PM

Listed by: Michael Gangemi, CALL IT CLOSED INTL REALTY Phone #: (407) 338-3339

MLS: StellarMLS #O6234519

StellarMLS logo

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