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$154,900

Beds
3
Baths
1.0
sq ft
974

4841 Louisa Ter, Jacksonville, FL 32205

4841 Louisa Ter

Jacksonville, FL 32205

  • 26 days on market
    • Price drop $15,000↓
INVESTOR ALERT!!!!! MURRAY HILL!!!! LOCATION LOCATION LOCATION!!!! Cute 3/1 Bungalow located in ONE OF JACKSONVILLE'S MOST DESIRABLE LOCATIONS!!! Property is currently rented until 5/1/25 at $1225 per month... however lease provision allows current or new landlord to terminate lease with 30 days notice in the event of sale of property, giving the Buyer a variety of options to choose from. While this one should make a GREAT ADDITION TO ANY RENTAL PORTFOLIO as part of a Wealth Building strategy, it also appears to be a SOLID BUY FIX SELL OPPORTUNITY with current ARV's in the area markedly higher. According to Building Dept records, NEW ROOF in 2017. HVAC and HW Heater also appear to be newer, with Buyer to confirm independently. Corporate Seller has never occupied the property, & makes no representations regarding property condition. CASH OR HARD MONEY ONLY, with Seller making NO REPAIRS.

Details

Property type

Single Family Residence

Est. home value

$164,136

Lot size

5,227.2 sq ft

Price per sq ft

$160

Year built

1944

Annual property taxes

$2,019.11

Price History

11/06/2024
RealMLS

RealMLS #2052255

Price change
$154,900
-8.83%
10/17/2024
RealMLS

RealMLS #2052255

Listed
$169,900
+149.85%
01/04/2018
RealMLS

RealMLS #908491

Sold
$68,000

Schools & Community

Neighborhood: 

Murray Hill

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

$97,179
Asking price
$154,900
Closing costs (~8% of asking)
-$12,392
Est. remaining loan balance
-$45,329
Cash to seller
$97,179

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

Seller’s Loan History

Lender

Mount Olympus Mortgage Co

Loan start date

January 2018

Original loan amount

$52,500

Est. remaining balance

$45,329

Interest rate

3.95%

Loan type

New Conventional, 30 year

Seller

Tomasz R Skiba

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: 11/12/2024 at 5:35 PM

Listing updated: 11/06/2024 at 5:46 PM

Listed by: JOSEPH CAPARROS, AMERICAN REAL ESTATE SOLUTIONS LLC Phone #: (904) 887-5778

MLS: RealMLS #2052255

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