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$649,000

Beds
5
Baths
3.5
sq ft
2,894

85440 Sagaponack Dr, Fernandina Beach, FL 32034

85440 Sagaponack Dr

Fernandina Beach, FL 32034

  • 5 days on market
Check out the JAG 2007 XK Coupe and can be yours at no monetary value with acceptable contract. Also ask about assumable low VA interest rate. This newly listed house boasts 5 spacious bedrooms and 3.5 bathrooms spread across 2872 square feet of elegantly appointed living space.Step inside to discover an open floor plan that encourages sunlight to dance across the rooms, creating an inviting and warm atmosphere. The heart of the home features a large primary bedroom suite, ensuring private luxury, while the walk-in pantry and formal dining room make entertaining not just a possibility but a pleasure.Recent upgrades include a new air conditioning unit, roof, exterior paint, water heater, and refrigerator, ensuring this home is not just beautiful but also worry-free. The fenced backyard offers a blank canvas for your outdoor dreamswhether that's a garden, playground, or a serene spot for morning coffees.Not just a house, this property opens the door to a vibrant comm Enjoy access to amenities that cater to all interests: a community clubhouse, swimming pool, tennis and pickleball courts, a playground, plus a bar and restaurant. For the outdoor enthusiast, the outpost with its picnic and fishing dock awaits, alongside the Arnold Palmer-designed golf course for those inspired by the green.Located in a cherished neighborhood, this home is not just about the four walls and a roof; it's about the lifestyle and convenience. Imagine living where you are minutes away from local attractions yet surrounded by daily conveniences, all within a friendly and welcoming community.

Details

Property type

Single Family Residence

Est. home value

$682,646

Lot size

0.25 acres

Price per sq ft

$225

Year built

2006

HOA fee

$1,260

Price History

01/17/2025
RealMLS

RealMLS #2065477

Listed
$649,000
-5.26%
09/24/2024
RealMLS

RealMLS #2030549

Removed
$685,000
07/09/2024
RealMLS

RealMLS #2030549

Price change
$685,000
-2.13%

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

$7,918
Asking price
$649,000
Closing costs (~8% of asking)
-$51,920
Est. remaining loan balance
-$589,162
Cash to seller
$7,918

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

Seller’s Loan History

Lender

New Day Financial Llc

Loan start date

April 2022

Original loan amount

$621,600

Est. remaining balance

$589,162

Interest rate

3.76%

Loan type

VA, 30 year

Seller

Michael Jean Dormeyer and Marie E Galvin

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?

Status: Active

Tomo last checked: 01/22/2025 at 2:05 PM

Listing updated: 01/17/2025 at 4:11 PM

Listed by: TINA C SMITH, PINEYWOODS REALTY LLC Phone #: (813) 225-1890

MLS: RealMLS #2065477

RealMLS logo