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$328,500

Beds
2
Baths
1.0
sq ft
1,034

52 Palm Dr, Ormond Beach, FL 32176

52 Palm Dr

Ormond Beach, FL 32176

  • 80 days on market
    • Price drop $500↓
Just Reduced! Best priced property in Ormond By The Sea. Welcome to Beach Life! The interior is bright and light with new impact windows, plantation shutters, updated lighting and fans. The backyard is an oasis with a patio and pergola (2022) and a wonderfully private space. The home is steps to the ocean and equally close to the Halifax River. You can surf in the morning and kayak later in the day. It is walkable to restaurants, Publix, a dog park, and much more. Improvements to the property include, newer exterior paint, completely redone oversized septic system including oversized drain fields and a lift station. The system was relocated to the front to allow for an addition and or a pool in the backyard. The shingled roof was replaced in 2020, the flat roof was replaced in 2023, the HVAC was replaced in 2024. Utilities are underground. This home is ready for a new owner looking for low maintenance and grand beach living. All furnishings are negotiab

Details

Property type

Single Family Residence

Est. home value

$309,688

Property condition

Updated/Remodeled

Lot size

7,130.77 sq ft

Price per sq ft

$318

Year built

1954

Annual property taxes

$5,129

Price History

11/24/2024
Daytona

Daytona #1204645

Price change
$328,500
-0.15%
10/05/2024
Daytona

Daytona #1204645

Listed
$329,000
+69.15%
09/13/2019
Daytona

Daytona #1059781

Sold
$194,500

Schools & Community

Neighborhood: 

Ormond-by-the-Sea

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

$192,884
Asking price
$328,500
Closing costs (~8% of asking)
-$26,280
Est. remaining loan balance
-$109,336
Cash to seller
$192,884

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

Seller’s Loan History

Lender

Fairwinds Cu

Loan start date

September 2019

Original loan amount

$155,600

Est. remaining balance

$109,336

Interest rate

3.18%

Loan type

New Conventional, 15 year

Seller

David Matichak

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: 12/23/2024 at 7:55 PM

Listing updated: 12/09/2024 at 3:20 AM

Listed by: Tracie Culver, Culver Realty & Property Management

MLS: Daytona #1204645

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