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$335,999

Beds
3
Baths
2.5
sq ft
1,876

5316 Colonial Ave, Jacksonville, FL 32210

5316 Colonial Ave

Jacksonville, FL 32210

  • 51 days on market
**Assumable rate of 3.375%**$5,000.00 in concessions. This charming property, built in 1922, seamlessly blends classic elegance with modern amenities. Additionally, this well cared for property boasts several recent updates, including a new roof installed in 2020, a new electric panel in 2021, and a new AC unit and Water Heater in 2021. These modern upgrades offer peace of mind and contribute to the home's overall efficiency and comfort. Located just seven minutes from historic Avondale and within close proximity to shopping, dining, and entertainment options at Roosevelt Square, this home provides both convenience and charm. With its ideal location near the interstate, stadium, Veterans Memorial Arena, and Jacksonville Beach, this home offers easy access to everything Jacksonville has to offer. Furthermore, being just 10 minutes from Baptist Hospital adds an additional layer of convenience for those seeking healthcare services. Whether you're relaxing in the spacious living areas, enjoying the outdoor wooden deck, or exploring the vibrant neighborhood, this home offers the perfect blend of classic charm and modern convenience with no CDD or HOA.

Details

Property type

Single Family Residence

Est. home value

$315,134

Lot size

6,098.4 sq ft

Price per sq ft

$180

Year built

1922

Annual property taxes

$3,565.31

Price History

06/24/2024
RealMLS

RealMLS #2026193

Price change
$335,999
+5%
05/16/2024
RealMLS

RealMLS #2026193

Listed
$319,999
-1.54%
05/14/2024
RealMLS

RealMLS #2006465

Removed
$325,000

Schools & Community

Neighborhood: 

Lakeshore

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

$64,412
Asking price
$335,999
Closing costs (~8% of asking)
-$26,880
Est. remaining loan balance
-$244,707
Cash to seller
$64,412

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

July 2021

Original loan amount

$261,182

Est. remaining balance

$244,707

Interest rate

2.96%

Loan type

FHA, 30 year

Seller

John Aguilar and Jordan Pressley K Aguilar

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: 07/06/2024 at 12:05 AM

Listing updated: 06/24/2024 at 5:51 PM

Listed by: LARRY BOYLES, FORWARD REAL ESTATE INVESTMENT GROUP LLC Phone #: (904) 655-7778

MLS: RealMLS #2026193

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