🏠 Subto/Seller Finance 2018 Build 3/2 Home in Jacksonville, FL $17K ARV $290K 🏠

Duval County, Jacksonville, FL, 32219
Sold
Listed at: January 27th, 2023
Price
$13,500
ARV
$290,000
Gross Margin
$276,500
Sq. Footage
1564
Type
Single-Family
Parking
Attached Garage
Year build
2018
Lot size
0.28 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

***FOR FASTEST RESPONSE PLEASE CALL OR TEXT THE AGENT LISTED ON THE DEAL***


Ben Toaff's Deal!


XXXXX Glimmer Way, Jacksonville FL 32219


Creative finance structure on this 2018 Build home in Jacksonville consisting of subto and seller finance. Property in turnkey condition and doesnt have any issues. Will be sold vacant with clear title. Market rent rate is $1,850-$2,000. HOA is only $21 per month.


Terms and breakdown below:

  • Purchase price: $258K
  • 180K mortgage balance with a PITI of $1,234
  • Seller finance: 78K - 50 year term with no interest = $130 per month
  • Buyer to assume solar panel balance of $22K (approx. $80 per month)


Money due at closing:

  • $13.5K assignment fee
  • Approximately $3.5K in late payments
  • Buyer pays all closing costs


Asking Price: $17K + two notes and closing costs

ARV: $290K


Comps:

  • 6770 Langford Street, Jacksonville FL - SOLD for 280K (12/27/2022)
  • 6997 Sandle Drive, Jacksonville FL - SOLD for 315K (11/18/2022)


-Showing Instructions: Appointment Only!!


-Sight unseen offers always prioritized.

-Must close with seller title company

-Buyer pays all closing costs 

-Deal not final until EMD is received.  

-Inspections done prior to contract. (Zero day inspection period)

-Realtors/wholesalers add commission to our asking price.

-We DO NOT work with Keyglee & New Western


Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Daniel Pombo

No reviews

Disposition manager