tomo logo

$690,000

Beds
6
Baths
4.5
sq ft
4,117

5 Fernwood Trl, Ormond Beach, FL 32174

5 Fernwood Trl

ORMOND BEACH, FL 32174

  • 150 days on market
Nestled within the Trails community in Ormond Beach, this exquisite 6-bedroom, 4.5-bathroom home is a true masterpiece. As you step inside, you'll be greeted by a beautiful interior that seamlessly blends comfort with timeless charm. The heart of this home is the large living area, perfect for entertaining or simply unwinding with loved ones. It also has a lovely kitchen/family room combination which overlooks your large lanai and pool area. The master bedroom upstairs is a true retreat, featuring a luxurious sauna where you can relax and rejuvenate after a long day. Or you can just sit back and enjoy the backyard tranquility from your master bedroom deck. The two additional suites located downstairs, along with the remaining spacious bedrooms offer plenty of space for family and guests to feel at home. Step outside to discover your own private oasis with a large yard that provides a serene backdrop for the sparkling pool and screened enclosure. Whether you're hosting a summer barbecue or enjoying a quiet evening under the stars, this outdoor space is sure to impress. Located in the sought-after Trails community, residents have access to a range of amenities including walking trails, tennis courts, and a clubhouse. It is also conveniently located near shopping, dining, beaches, and top-rated schools. Don't miss your chance to experience the unparalleled beauty of this Ormond Beach gem.

Details

Property type

Single Family Residence

Est. home value

$641,973

Lot size

0.65 acres

Price per sq ft

$168

Year built

1981

Annual property taxes

$7,182

Monthly HOA fee

$71.67

Price History

04/22/2024
StellarMLS

StellarMLS #FC300161

Listed
$690,000
+72.5%
02/20/2020
Daytona

Daytona #1058829

Sold
$400,000

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

$306,788
Asking price
$690,000
Closing costs (~8% of asking)
-$55,200
Est. remaining loan balance
-$328,012
Cash to seller
$306,788

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

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

February 2020

Original loan amount

$360,000

Est. remaining balance

$328,012

Interest rate

3.72%

Loan type

New Conventional, 30 year

Seller

Charles G Mcleod and Vallie Smith

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: 09/19/2024 at 12:05 PM

Listing updated: 06/26/2024 at 2:28 PM

Listed by: Christopher Snow, LPT REALTY Phone #: (877) 366-2213

MLS: StellarMLS #FC300161

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Recently listed in ORMOND BEACH