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$240,000

Beds
4
Baths
2.0
sq ft
2,126

507 W Madison St, Starke, FL 32091

507 W Madison St

Starke, FL 32091

  • 155 days on market
    • Price drop $10,000↓
Bring ALL Offers. Charming 4 bed, 2 bath home in downtown Starke, built in 1946 with original hardwood floors. Versatile property with potential for commercial zoning.

Details

Property type

Single Family Residence

Est. home value

$244,447

Lot size

Unknown

Price per sq ft

$113

Year built

1946

Price History

06/07/2024
RealMLS

RealMLS #2006842

Price change
$240,000
-4%
04/12/2024
RealMLS

RealMLS #2006842

Price change
$250,000
-16.64%
03/12/2024
RealMLS

RealMLS #2006842

Price change
$299,900
-7.72%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Bradford

High school: 

Bradford

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

$124,261
Asking price
$240,000
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$96,539
Cash to seller
$124,261

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

July 2019

Original loan amount

$106,837

Est. remaining balance

$96,539

Interest rate

3.82%

Loan type

FHA, 30 year

Seller

Jimmy Melton Bowen and Sandra K Bowen

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: 07/05/2024 at 11:05 PM

Listing updated: 06/07/2024 at 9:37 PM

Listed by: RACHAEL BENTON, CW REALTY Phone #: (904) 964-3948

MLS: RealMLS #2006842

RealMLS logo

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