tomo logo

$220,000

Beds
2
Baths
1.0
sq ft
720

464 Palmetto St, Edgewater, FL 32132

464 Palmetto St

EDGEWATER, FL 32132

  • <1 day on market
Welcome to a charming and newly-updated single-family residence nestled in the heart of Edgewater. Perfect for those seeking to downsize and simplify their lifestyle, this pristine home boasts two cozy bedrooms and a beautifully updated bathroom, ideal for comfortable living. Step inside to discover a living space that radiates warmth and tranquility, complemented by a host of modern upgrades, including life-proof flooring throughout. The property features a new roof in 2020 to shelter your peace of mind, an AC system replaced in 2021 ensuring your comfort year-round, sparkling new windows that bathe each room in natural light, and freshly painted walls that is a clean canvas for your personal touches. Savor the Florida breeze on your new screened porch, or relax under the majestic oak tree canopy on the spacious front porch. The fenced yard provides privacy and a safe haven for outdoor activities, all set on a peaceful dead-end street. The outdoor space is complete with a 4' x 16' dock on the pond to savor morning coffee or evening beverages while enjoying the tranquility. This home is no just a place to live but a retreat designed for a life of simplicity and comfort.

Details

Property type

Single Family Residence

Est. home value

$218,603

Lot size

7,345 sq ft

Price per sq ft

$306

Year built

1956

Annual property taxes

$2,781.72

HOA

No

Price History

03/03/2025
StellarMLS

StellarMLS #FC307810

Listed
$220,000
-3.93%
01/03/2025
StellarMLS

StellarMLS #NS1082001

Removed
$229,000
10/17/2024
StellarMLS

StellarMLS #NS1082001

Price change
$229,000
-4.54%

Schools & Community

Elementary school: 

Edgewater Public School

Middle school: 

New Smyrna Beach Middl

High school: 

New Smyrna Beach High

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

$39,058
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$163,342
Cash to seller
$39,058

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

November 2021

Original loan amount

$175,655

Est. remaining balance

$163,342

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Mitchell Backus and Richard Troy Backus

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: 03/04/2025 at 3:30 AM

Listing updated: 03/04/2025 at 1:07 AM

Listed by: Taner Banks, KELLER WILLIAMS REALTY ATLANTIC PARTNERS (ST. AUG) Phone #: (904) 797-7442

MLS: StellarMLS #FC307810

StellarMLS logo

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