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$420,000

Beds
5
Baths
2.5
sq ft
2,676

5531 Ghormley Rd, Jacksonville, FL 32277

5531 Ghormley Rd

Jacksonville, FL 32277

  • 55 days on market
    • Price drop $10,000↓
As you step inside, you are greeted by a grand foyer that leads you into the spacious living room, perfect for hosting gatherings with friends and family. The gourmet kitchen boasts modern appliances and ample counter space, making it a chef's dream. The dining area overlooks the lush backyard, where you can unwind and enjoy the serene surroundings. Upstairs, you will find the luxurious master suite, and 3 additional bedrooms that are generously sized, providing comfort and privacy for all members of your household. On the lower level, there is an additional bedroom, bathroom, laundry room and spacious family room. Outside, the oversized corner lot offers endless possibilities for outdoor activities and relaxation. Whether you choose to host a barbecue, enjoy the play area for the kids, or simply bask in the sun, this backyard is sure to become your favorite retreat. Welcome to your new home, where every corner is designed for comfort, style, and enjoyment.

Details

Property type

Single Family Residence

Est. home value

$391,821

Lot size

0.47 acres

Price per sq ft

$157

Year built

1961

Annual property taxes

$4,979.95

Price History

06/24/2024
RealMLS

RealMLS #2025363

Price change
$420,000
-2.33%
05/30/2024
RealMLS

RealMLS #2025363

Price change
$430,000
-4.44%
05/12/2024
RealMLS

RealMLS #2025363

Listed
$450,000
+32.39%

Schools & Community

Neighborhood: 

University Park

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

$54,786
Asking price
$420,000
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$331,614
Cash to seller
$54,786

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

Seller’s Loan History

Lender

Southern Trust Mortgage Llc

Loan start date

October 2021

Original loan amount

$352,136

Est. remaining balance

$331,614

Interest rate

2.87%

Loan type

VA, 30 year

Seller

David Thomas and Erica Thomas

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 11:40 PM

Listing updated: 06/24/2024 at 7:53 AM

Listed by: SCHENITA LITTLE, 1st CHOICE REAL ESTATE INC Phone #: (904) 505-7108

MLS: RealMLS #2025363

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