tomo logo

$549,500

Beds
3
Baths
2.0
sq ft
3,057

542 NE Horry Ave, Madison, FL 32340

542 NE Horry Ave

Madison, FL 32340

  • 187 days on market
    • Price drop $10,000↓
Welcome to your dream home in the heart of downtown Madison! Nestled on a spacious corner lot in the desirable Livingston Springs subdivision, this completely renovated 3-bedroom, 2-bathroom beauty offers over 3,000 square feet of heated living space. Step inside to discover a show-stopping gourmet kitchen that’s perfect for entertaining, featuring top-of-the-line Café appliances, custom cabinetry, and a convenient butler’s pantry. The home has been thoughtfully updated with brand-new flooring, fresh paint throughout, and elegant plantation shutters that enhance its timeless charm. With all-new interior doors and windows, this home blends modern luxury with classic appeal. Additional perks include wiring for a whole-home generator, ensuring you're prepared for anything. Don’t miss the opportunity to make this move-in-ready masterpiece yours!

Details

Property type

Single Family Residence

Est. home value

$309,265

Lot size

0.92 acres

Price per sq ft

$180

Year built

1966

Price History

02/06/2025
Tallahassee

Tallahassee #376227

Price change
$549,500
-1.79%
10/24/2024
Tallahassee

Tallahassee #376227

Price change
$559,500
-3.45%
09/21/2024
Tallahassee

Tallahassee #376227

Price change
$579,500
-2.52%

Schools & Community

Elementary school: 

Madison County Central School

Middle school: 

Madison County

High school: 

Madison County High School

Community features: 

Street Lights

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

$267,718
Asking price
$549,500
Closing costs (~8% of asking)
-$43,960
Est. remaining loan balance
-$237,822
Cash to seller
$267,718

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

May 2022

Original loan amount

$248,000

Est. remaining balance

$237,822

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

James L Fraleigh and Donna Fraleigh

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: 02/24/2025 at 8:20 AM

Listing updated: 02/16/2025 at 9:11 AM

Listed by: Jessica H Groover, Southern Land & Homes Phone #: (850) 973-2200

MLS: Tallahassee #376227

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