tomo logo

$559,500

Beds
3
Baths
2.0
sq ft
3,057

542 NE Horry Ave, Madison, FL 32340

542 NE Horry Ave

Madison, FL 32340

  • 76 days on market
    • Price drop $20,000↓
Own just shy of 1 acre in Livingston Springs subdivision located in downtown Madison! This stunning, completely remodeled, brick home is an absolute show stopper! Sitting on a large corner lot and featuring 3000+ heated sq feet, this 3/2 home hosts an all new gourmet kitchen featuring Cafe appliances and custom cabinets, plus a butler's pantry. Brand new floors, fresh paint, all new interior doors and windows, and newly installed plantation shutters are just some of the added upgrades this beautiful home boasts. Home is wired for a whole home generator.

Details

Property type

Single Family Residence

Est. home value

$309,265

Lot size

0.92 acres

Price per sq ft

$184

Year built

1966

Price History

10/24/2024
Tallahassee

Tallahassee #376227

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

Tallahassee #376227

Price change
$579,500
-2.52%
08/20/2024
Tallahassee

Tallahassee #376227

Listed
$594,500
+91.77%

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

$275,905
Asking price
$559,500
Closing costs (~8% of asking)
-$44,760
Est. remaining loan balance
-$238,835
Cash to seller
$275,905

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

$238,835

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: 11/04/2024 at 11:25 PM

Listing updated: 10/24/2024 at 1:41 PM

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

MLS: Tallahassee #376227

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