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$250,000

Beds
2
Baths
1.0
sq ft
1,161

5570 Lancewood Dr, Port Orange, FL 32127

5570 Lancewood Dr

Port Orange, FL 32127

  • 37 days on market
    • Price drop $10,000↓
Charming 2-Bedroom Home on a Massive Corner Lot in Port Orange! Don't miss this opportunity to own a beautifully updated home in the heart of Port Orange at a price you can afford! This 2-bedroom, 1-bath gem features a renovated kitchen and bathroom, offering modern finishes and functionality. A spacious flex room with water access provides the perfect opportunity to easily add another bathroom or transform the space to suit your needs. Situated on a huge corner lot, there's plenty of room for your toys—boats, RVs, or extra vehicles—with no HOA to restrict your lifestyle. Enjoy the space for outdoor living, gardening, or future expansions. Affordable, updated, and packed with potential—this is your chance to enjoy the Port Orange lifestyle. Act fast!

Details

Property type

Single Family Residence

Est. home value

$254,154

Property condition

Updated/Remodeled

Lot size

0.23 acres

Price per sq ft

$216

Year built

1962

Annual property taxes

$1,631

Price History

01/15/2025
Daytona

Daytona #1206901

Price change
$250,000
-3.85%
01/02/2025
Daytona

Daytona #1206901

Price change
$260,000
-3.7%
12/16/2024
Daytona

Daytona #1206901

Listed
$270,000
+74.31%

Schools & Community

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

$94,008
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$135,992
Cash to seller
$94,008

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

Seller’s Loan History

Lender

Bank America Fsb

Loan start date

April 2019

Original loan amount

$152,093

Est. remaining balance

$135,992

Interest rate

4.35%

Loan type

FHA, 30 year

Seller

Morgan Hay and Tina Hay

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: 01/22/2025 at 3:50 PM

Listing updated: 01/20/2025 at 11:40 AM

Listed by: Stacey Mathews Johnson, Keller Williams Realty Florida Partners

MLS: Daytona #1206901

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