tomo logo

$257,500

Beds
3
Baths
2.5
sq ft
1,312

7620 Rain Forest Dr N, Jacksonville, FL 32277

7620 Rain Forest Dr N

Jacksonville, FL 32277

  • 116 days on market
Investors, seize this chance for instant income with a nearly new property already occupied by a long-term tenant! This is it, the perfect property to add to your investment portfolio! Leased thru January 31, 2025. This home comes with all stainless-steel appliances, granite countertops and nice cabinetry, Great floor plan, great community and fabulous location. Designed for low maintenance, featuring vinyl flooring throughout with the exception of the stairs. This property is tenant occupied. We respect the privacy of our tenants. Showings are outside visual, drive by only. Property can be inspected after an offer has been submitted and accepted during the due diligence period. Please do not disturb the tenant. Photos are prior to move in.

Details

Property type

Townhouse

Est. home value

$235,558

Lot size

4,356 sq ft

Price per sq ft

$197

Year built

2019

Annual property taxes

$3,304.08

Monthly HOA fee

$12.12

Price History

03/12/2024
RealMLS

RealMLS #2013759

Listed
$257,500

Schools & Community

Neighborhood: 

Arlington Hills

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

$128,217
Asking price
$257,500
Closing costs (~8% of asking)
-$20,600
Est. remaining loan balance
-$108,683
Cash to seller
$128,217

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

Seller’s Loan History

Lender

Highlands Residential Mortgage Ltd

Loan start date

December 2019

Original loan amount

$119,175

Est. remaining balance

$108,683

Interest rate

3.78%

Loan type

New Conventional, 30 year

Seller

John G Bishop Jr and Michelle L Bishop

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?

Similar Homes Nearby

Price drop
RealMLS
$265,000
3 bd
|
2.5 ba
|
1,301 sq ft
|
Townhouse

2839 Black Buck Cir, Jacksonville, FL 32225

Price drop
RealMLS
$260,000
3 bd
|
2.5 ba
|
1,701 sq ft
|
Townhouse

3578 Hartsfield Forest Cir, Jacksonville, FL 32277

Price drop
RealMLS
$259,000
3 bd
|
2.5 ba
|
1,701 sq ft
|
Townhouse

3636 Hartsfield Forest Cir, Jacksonville, FL 32277

Status: Active

Tomo last checked: 07/05/2024 at 10:30 PM

Listing updated: 06/04/2024 at 5:34 PM

Listed by: LISA G LEATH, SUNCOAST PROPERTY MANAGEMENT LLC Phone #: (904) 517-5939

MLS: RealMLS #2013759

RealMLS logo