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$225,000

Beds
3
Baths
2.5
sq ft
1,424

611 Drake Bay Ter, Saint Augustine, FL 32084

611 Drake Bay Ter

St Augustine, FL 32084

  • 19 days on market
    • Price drop $5,000↓
Seller is offering a 1.90% credit to buyers to be used for closing costs or any other lender allowable costs. Welcome, prospective buyers! This uniquely appealing property features a soothing neutral color scheme that matches any decor. The spacious layout fosters a comfortable atmosphere, perfect for those who cherish a harmonious living environment. This property not only provides essential comforts but also enhances your day-to-day living with thoughtfully implemented features. Start your new chapter here, where comfort meets convenience. Don't miss the opportunity to own this exceptional home!

Details

Property type

Townhouse

Est. home value

$251,028

Lot size

1,742.4 sq ft

Price per sq ft

$159

Year built

2007

Annual property taxes

$2,553.52

Monthly HOA fee

$440

Price History

07/04/2024
RealMLS

RealMLS #2031967

Price change
$225,000
-2.17%
06/17/2024
RealMLS

RealMLS #2031967

Listed
$230,000
+71%
01/06/2017
RealMLS

RealMLS #850347

Sold
$134,500
+12.08%

Schools & Community

Elementary school: 

Crookshank

Middle school: 

Murray

High school: 

St. Augustine

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

$106,506
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$100,494
Cash to seller
$106,506

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

Seller’s Loan History

Lender

Stearns Lending Llc

Loan start date

April 2020

Original loan amount

$110,000

Est. remaining balance

$100,494

Interest rate

3.36%

Loan type

New Conventional, 30 year

Seller

Pierre Lepoureau

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 8:55 PM

Listing updated: 07/03/2024 at 10:33 PM

Listed by: ALLISON JOHNSTON, OPENDOOR BROKERAGE, LLC. Phone #: (480) 462-5392

MLS: RealMLS #2031967

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