tomo logo

$420,000

Beds
4
Baths
2.0
sq ft
2,149

94 Covington Ln, Palm Coast, FL 32137

94 Covington Ln

PALM COAST, FL 32137

  • 303 days on market
    • Price drop $10,000↓
SUBSTANTIAL REDUCTION IN PRICE SINCE IT CAME ON THE MARKET!! MOTIVATED SELLER OF THIS BEAUTIFUL UPDATED HOME!! This spacious 4 Bedroom, 2 Bath Palm Harbor home has been completely updated & renovated over the last few years. Check out the spacious revamped kitchen with LG stainless appliances that also includes an under the counter wine fridge, lots of upper and lower cabinetry, granite counters and tile backsplash! Laminate flooring is found throughout the majority of the home. In both remodeled bathrooms you'll find spacious modern double vanities and tiled floors. There is a large living room/dining room at the entrance of the home and an additional family room is right off of the kitchen. Two of the 4 bedrooms are carpeted while the other 2 have laminate flooring that ties in with the flooring in the rest of the house. All of the home's windows have recently been replaced with hurricane impact windows in 2023. The home sits on an oversized 12,850 sq ft lot that is fenced with a vinyl privacy fence and you'll find there is a covered patio off of the dining area and owner's bedroom to enjoy. Architectural shingle roof was new in July 2017. Location, location, location! Homes across the other side of the street on Covington Lane are directly on the saltwater canals so you're in great company!!

Details

Property type

Single Family Residence

Est. home value

$391,310

Lot size

0.3 acres

Price per sq ft

$196

Year built

1990

Annual property taxes

$3,155

HOA

No

Price History

06/03/2024
StellarMLS

StellarMLS #FC297330

Price change
$420,000
-2.33%
04/22/2024
StellarMLS

StellarMLS #FC297330

Price change
$430,000
-4.44%
03/28/2024
StellarMLS

StellarMLS #FC297330

Price change
$450,000
-1.1%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

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

$163,053
Asking price
$420,000
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$223,347
Cash to seller
$163,053

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

August 2021

Original loan amount

$240,000

Est. remaining balance

$223,347

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Philip M Robinson and Linda Robinson

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: 11/13/2024 at 10:55 PM

Listing updated: 10/24/2024 at 4:42 PM

Listed by: RASA SIULTE, COLDWELL BANKER PREMIER Phone #: (386) 445-5880

MLS: StellarMLS #FC297330

StellarMLS logo

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