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$409,000

Beds
4
Baths
2.0
sq ft
1,618

71 Fairview Ave, Ormond Beach, FL 32174

71 Fairview Ave

Ormond Beach, FL 32174

  • 100 days on market
    • Price drop $20,000↓
Nice home for a large family, with an in law suite 4 bedrooms, 2 bathrooms, 2 kitchens and 2 laundry rooms. New roof installed in 2023, air conditions were installed 4 years ago. Nice size lot in a nice area close to the Halifax River. Ready to move in. A must see for those seeking comfortable living space. Owner is a licensed real estate agent.

Details

Property type

Single Family Residence

Est. home value

$341,930

Lot size

9,544 sq ft

Price per sq ft

$253

Year built

1951

Annual property taxes

$4,464

Price History

10/21/2024
Daytona

Daytona #1202221

Price change
$409,000
-4.66%
07/31/2024
Daytona

Daytona #1202221

Listed
$429,000
+202.11%
02/09/2015
Daytona

Daytona #557405

Sold
$142,000

Schools & Community

Elementary school: 

Ormond Beach

Middle school: 

Ormond Beach

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

$280,772
Asking price
$409,000
Closing costs (~8% of asking)
-$32,720
Est. remaining loan balance
-$95,508
Cash to seller
$280,772

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

Seller’s Loan History

Lender

Stonegate Bank

Loan start date

April 2008

Original loan amount

$143,500

Est. remaining balance

$95,508

Interest rate

6.03%

Loan type

Not Provided, 30 year

Seller

Prakash Patel

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: 11/08/2024 at 10:25 AM

Listing updated: 10/21/2024 at 8:19 AM

Listed by: Amalia Silvestri, Gaff's Realty Company

MLS: Daytona #1202221

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