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$119,900

Beds
1
Baths
1.0
sq ft
920

8550 Touchton Rd Unit 2025, Jacksonville, FL 32216

8550 Touchton Rd Unit 2025

Jacksonville, FL 32216

  • Pending
    • Price drop $10,000↓
1 bedroom, 1 bathroom condo unit located on the Southside of Jacksonville in Montreux! Owner sell ''as is'' and not doing any repairs. It was a rental and owner never lived in this condo. Renter just moved out on December 31, 2024 and owner wants to sell it ''as is''.

Details

Property type

Condominium

Est. home value

$187,476

Lot size

435.6 sq ft

Price per sq ft

$131

Year built

2005

Annual property taxes

$2,454.73

Monthly HOA fee

$500.24

Price History

01/27/2025
RealMLS

RealMLS #2062551

Pending
$119,900
01/14/2025
RealMLS

RealMLS #2062551

Price change
$119,900
-7.7%
01/02/2025
RealMLS

RealMLS #2062551

Listed
$129,900
+21.4%

Schools & Community

Neighborhood: 

Secret Cove

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

$35,599
Asking price
$119,900
Closing costs (~8% of asking)
-$9,592
Est. remaining loan balance
-$74,709
Cash to seller
$35,599

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

February 2006

Original loan amount

$126,891

Est. remaining balance

$74,709

Interest rate

6.22%

Loan type

Not Provided, 30 year

Seller

Carlos A Morales and Elsa Carolina Morales

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: Pending/Under Contract

Tomo last checked: 01/28/2025 at 5:15 PM

Listing updated: 01/27/2025 at 5:51 PM

Listed by: MING RUAN, REBATERENTALS.COM REALTY INC Phone #: (904) 281-2100

MLS: RealMLS #2062551

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