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$319,900

Beds
2
Baths
1.0
sq ft
1,214

82 Margaret Rd, Ormond Beach, FL 32176

82 Margaret Rd

ORMOND BEACH, FL 32176

  • 300 days on market
    • Price drop $5,000↓
Beachside paradise turnkey property located walking distance to the beach, parks, intracoastal waterway, public dock and kayak launch. Beautifully landscaped with a privacy hedge of Bird of paradise picket fence and gorgeous Magnolia Tree. The fully fenced in private backyard is your getaway with an elevated deck area with a spa for your sunset cocktails, paver patio with plenty of room for lounge chairs and sunbathing and lush landscaping to match the front yard. Newly replaced large hurricane impact rated windows in the front of the home allowing great natural light with premium finishes in every room. Reverse osmosis filters for your drinking water and 4 stage filter system for your ice machine in your kitchen. An air conditioned detached room on the west side of the property is perfect for an office, gym, storage room, game room or bedroom. Roof was installed in 2019, HVAC system in 2020 and upgraded electric. Dog park, pickle ball court, basketball court, tennis court, trails, Publix, restaurants are all very close. The landscaping at night is just as beautiful with amazing landscape lighting to enjoy. This home also makes for a perfect investment property as an Airbnb rental with high occupancy year round due to its location, style and finishes. Schedule a private showing to see this special property in person.

Details

Property type

Single Family Residence

Est. home value

$356,315

Lot size

5,000 sq ft

Price per sq ft

$264

Year built

1955

Annual property taxes

$4,682.04

HOA

No

Price History

12/09/2024
StellarMLS

StellarMLS #NS1080716

Price change
$319,900
-1.54%
11/24/2024
StellarMLS

StellarMLS #NS1080716

Price change
$324,900
-1.52%
11/13/2024
StellarMLS

StellarMLS #NS1080716

Price change
$329,900
-2.08%

Schools & Community

Neighborhood: 

Ormond-by-the-Sea

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

$38,052
Asking price
$319,900
Closing costs (~8% of asking)
-$25,592
Est. remaining loan balance
-$256,256
Cash to seller
$38,052

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

Seller’s Loan History

Lender

Fbc Mortgage Llc

Loan start date

October 2021

Original loan amount

$275,490

Est. remaining balance

$256,256

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Shawn Passen

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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73 Margaret Rd, Ormond Beach, FL 32176

Status: Active

Tomo last checked: 12/23/2024 at 7:10 PM

Listing updated: 12/16/2024 at 12:20 PM

Listed by: Chad Erickson, COLLADO REAL ESTATE Phone #: (386) 427-0002

MLS: StellarMLS #NS1080716

StellarMLS logo

Recently listed in ORMOND BEACH