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$350,000

Beds
4
Baths
2.5
sq ft
1,791

647 W 16th St, Jacksonville, FL 32206

647 W 16th St

Jacksonville, FL 32206

  • 85 days on market
Come see this adorable 2 story home, it has a separate apartment garage perfectly positioned in the back yard. This property is a great choice for several different rental options such as housing for traveling nurses, Airbnb, Vrbo and others, a group home for adults or one for adolescents. You can live in the back and rent out the front or vice versa. Or you can live in the main home and have the apartment garage as an office or work garage. This charming home is with in walking distance from UF Hospital and near by medical buildings and eating establishments. It's close to downtown so you will have quick access to all of the entertainment spot downtown. Minutes away from the beach and the air port. Property is being sold ASIS.

Details

Property type

Single Family Residence

Est. home value

$149,243

Property condition

Fixer

Lot size

4,791.6 sq ft

Price per sq ft

$196

Year built

1936

Annual property taxes

$1,265.59

Price History

07/12/2024
RealMLS

RealMLS #2036808

Listed
$350,000
+280.43%
03/13/2020
RealMLS

RealMLS #1026540

Sold
$92,000

Schools & Community

Neighborhood: 

Hogan's Creek

Elementary school: 

Biltmore

Middle school: 

Lake Shore

High school: 

William M. Raines

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

$238,327
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$83,673
Cash to seller
$238,327

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 Of America Na

Loan start date

March 2020

Original loan amount

$92,000

Est. remaining balance

$83,673

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

Monica Duff and William C Duff

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: 10/04/2024 at 11:20 PM

Listing updated: 07/21/2024 at 2:47 AM

Listed by: CICYONIA MITCHELL, UNITED REAL ESTATE GALLERY Phone #: (904) 500-3948

MLS: RealMLS #2036808

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