tomo logo

$235,000

Beds
3
Baths
1.5
sq ft
1,248

836 S Ridgewood Ave, Daytona Beach, FL 32114

836 S Ridgewood Ave

DAYTONA BEACH, FL 32114

  • 74 days on market
Welcome home! What a charmer! With a newer roof and updated electric system in place, enhancing the value of this beautifully restored craftsman style 3-bedroom, 1.5-bathroom home with an additional flex bonus room. The property boasts a wrap-around porch, adding to its character and appeal. Currently utilized as a short-term rental Airbnb, this property is zoned T2 and offers potential for various uses. Property is 368' and spans from Ridgewood to Seagrave giving you a spacious back lot, spanning over half an acre with a separate entrance from Seagrave This presents endless opportunities due to its size and prime location. With low maintenance needs and the potential for lucrative returns, this property is an excellent long-term investment opportunity or the perfect starter home! Schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$222,287

Lot size

0.52 acres

Price per sq ft

$189

Year built

1910

Annual property taxes

$2,453.59

HOA

No

Price History

10/11/2024
StellarMLS

StellarMLS #V4938415

Listed
$235,000
09/30/2024
StellarMLS

StellarMLS #V4938415

Pending
$235,000
09/10/2024
StellarMLS

StellarMLS #V4938415

Listed
$235,000
+6.96%

Schools & Community

Elementary school: 

Turie T. Small Elem

Middle school: 

Campbell Middle

High school: 

Mainland High School

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

$43,842
Asking price
$235,000
Closing costs (~8% of asking)
-$18,800
Est. remaining loan balance
-$172,358
Cash to seller
$43,842

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

Seller’s Loan History

Lender

Cornerstone First Mortgage Inc

Loan start date

March 2023

Original loan amount

$175,760

Est. remaining balance

$172,358

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Justin Alan Loutfy and Robert Coley Arbegast

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: 11/22/2024 at 7:20 PM

Listing updated: 11/10/2024 at 2:09 PM

Listed by: Stacey Matthews-Johnson, KELLER WILLIAMS RLTY FL. PARTN Phone #: (386) 944-2800

MLS: StellarMLS #V4938415

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