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$520,000

Beds
3
Baths
2.5
sq ft
2,580

4909 Magnolia Ave, Fort Pierce, FL 34982

4909 Magnolia Ave

Fort Pierce, FL 34982

  • 160 days on market
    • Price drop $25,000↓
Welcome to your dream ranch-style home, nestled on a lush one-acre parcel. just a quarter of a mile from convenient ocean access via white city park boat ramp. This charming residence has had many renovations done in the past few years. The expansive property is perfect for outdoor enthusiasts, with a chicken coop and shed already in place, adding to the rustic charm and practicality of the land. Inside, you'll find spacious living areas flooded with natural light, a modern kitchen ready for your final upgrades, and cozy bedrooms promising restful nights. The serene surroundings create an idyllic retreat, blending country living with coastal convenience. As an added bonus, the seller is offering up to 3% concession at closing with full price offer to complete renovations.

Details

Property type

Single Family Residence

Est. home value

$400,565

Lot size

0.99 acres

Price per sq ft

$202

Year built

1950

Annual property taxes

$1,871

Price History

07/31/2024
Beaches

Beaches #R10996930

Price change
$520,000
-4.59%
06/15/2024
Beaches

Beaches #R10996930

Listed
$545,000
+144.39%
02/21/2019
Beaches

Beaches #R10491114

Sold
$223,000

Schools & Community

Neighborhood: 

White City

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

$166,183
Asking price
$520,000
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$312,217
Cash to seller
$166,183

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

December 2022

Original loan amount

$318,700

Est. remaining balance

$312,217

Interest rate

6.94%

Loan type

New Conventional, 30 year

Seller

Jonathan Fraga and Supreet Fraga

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: 11/22/2024 at 1:45 PM

Listing updated: 09/30/2024 at 5:17 PM

Listed by: Nicholas Anicito, NextHome Treasure Coast Phone #: (833) 435-5635

MLS: Beaches #R10996930

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