tomo logo

$180,000

Beds
4
Baths
2.0
sq ft
1,988

790 Biro Dr, Port Orange, FL 32129

790 Biro Dr

PORT ORANGE, FL 32129

  • 112 days on market
    • Price drop $5,000↓
AS IS, INVESTORS SPECIAL Lots of potential and possibilities in this home on a peaceful corner lot, just under a quarter an acre in size. This property allows you to bring your dream home to life. This home has the original concrete block construction, a solid foundation and durability. New Roof 2023, newer A/C, all new appliances. With almost 2000 square feet, 4 bedrooms, and two bathrooms, renovation had begun but personal issues prevented progress and the completion. The backyard is spacious, shaded by mature trees, and lots of room to play, garden, and entertain. This is a peaceful community, it's located close to schools, making it an excellent choice for families. This property was flooded during Hurricane Ian. The Sellers have submitted an Action Plan required to elevate the home with a FEMA Grant, when they are available, expected to be available by the end of this year. A Structural Engineering report is required. FEMA Grants are only available for individuals, not LLC's or Corportations. While this home needs the renovation completed, it is an incredible opportunity to create the living space you've always wanted. The home is on the FEMA Grant list, for elevation. Elevation would provide that extra protection from future rising water levels. All information deemed reliable but not guaranteed and should be independently verified. A wise investment for those who see the potential.

Details

Property type

Single Family Residence

Est. home value

$293,714

Property condition

Fixer

Lot size

0.23 acres

Price per sq ft

$91

Year built

1960

Annual property taxes

$2,375

HOA

No

Price History

09/16/2024
StellarMLS

StellarMLS #FC301163

Listed
$180,000
09/09/2024
StellarMLS

StellarMLS #FC301163

Pending
$180,000
08/26/2024
StellarMLS

StellarMLS #FC301163

Listed
$180,000

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

$11,241
Asking price
$180,000
Closing costs (~8% of asking)
-$14,400
Est. remaining loan balance
-$154,359
Cash to seller
$11,241

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

October 2020

Original loan amount

$168,761

Est. remaining balance

$154,359

Interest rate

2.86%

Loan type

FHA, 30 year

Seller

Timothy F Whelan and Janesa A Whelan

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
StellarMLS
$165,000
3 bd
|
2 ba
|
1,482 sq ft
|
House

910 Big Tree Rd Unit 1201, South Daytona, FL 32119

Price drop
Daytona
$197,900
2 bd
|
2 ba
|
1,127 sq ft
|
Manufactured

150 Sand Pebble Cir, Port Orange, FL 32129

Daytona
$190,000
3 bd
|
2 ba
|
1,047 sq ft
|
Manufactured

1050 Beckman Dr, Daytona Beach, FL 32119

Status: Active

Tomo last checked: 09/18/2024 at 8:15 PM

Listing updated: 09/16/2024 at 1:26 PM

Listed by: Debra Callahan, ADAMS, CAMERON & CO., REALTORS Phone #: (386) 445-5595

MLS: StellarMLS #FC301163

StellarMLS logo

Recently listed in PORT ORANGE