tomo logo

$185,000

Beds
2
Baths
1.5
sq ft
1,024

480 Reed Canal Rd Unit 16, South Daytona, FL 32119

480 Reed Canal Rd Unit 16

South Daytona, FL 32119

  • 124 days on market
    • Price drop $5,000↓
Step into the ease of a low-maintenance lifestyle with this charming two-story townhome, boasting a thoughtful 1,024 sq ft layout. Perfect for buyers seeking both comfort and convenience, this 2-bedroom, 1.5-bathroom unit is a gem within a vibrant community. Savor your morning coffee on the cute front porch or indulge in the tranquil views from the back porch overlooking the community pool. The living space is enhanced by crown molding and a modern touch with all stainless steel appliances in the kitchen. Upstairs, privacy is yours with both bedrooms nestled away from the main living area. The convenience doesn't end there! No need to worry about upkeep—this well-maintained abode ensures you spend your time enjoying life. Located mere steps from the Halifax River, your new home invites you to explore the outdoors with a quick 5-minute bike ride to the Atlantic Ocean's breezy shores. Embrace the blend of serenity and easy living in this delightful townhome.

Details

Property type

Condominium

Est. home value

$155,822

Lot size

Unknown

Price per sq ft

$181

Year built

1986

Annual property taxes

$2,766.34

Monthly HOA fee

$400

Price History

09/18/2024
RealMLS

RealMLS #2029350

Price change
$185,000
-2.63%
07/03/2024
RealMLS

RealMLS #2029350

Price change
$190,000
-5%
06/03/2024
RealMLS

RealMLS #2029350

Listed
$200,000
+29.03%

Schools & Community

Elementary school: 

South Daytona

Middle school: 

Silver Sands

High school: 

Atlantic

Community features: 

Pool

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

$34,064
Asking price
$185,000
Closing costs (~8% of asking)
-$14,800
Est. remaining loan balance
-$136,136
Cash to seller
$34,064

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

November 2022

Original loan amount

$139,500

Est. remaining balance

$136,136

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Dustin Boan

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?

Similar Homes Nearby

Price drop
Daytona
$180,000
2 bd
|
2 ba
|
922 sq ft
|
Condo

417 Banana Cay Dr Unit D, South Daytona, FL 32119

Price drop
Daytona
$155,000
2 bd
|
2 ba
|
922 sq ft
|
Condo

426 Banana Cay Dr Unit I, South Daytona, FL 32119

Daytona
$174,000
2 bd
|
1.5 ba
|
1,122 sq ft
|
Condo

2200 S Palmetto Ave Unit D050, South Daytona, FL 32119

Status: Active

Tomo last checked: 10/05/2024 at 4:15 AM

Listing updated: 09/18/2024 at 8:05 PM

Listed by: TYREE TOBLER, KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE Phone #: (904) 797-7442

MLS: RealMLS #2029350

RealMLS logo