🏆 TOP OPPORTUNITY
Expired/Re-engagement
KEY DETAILS
Property Type
Residential
Lot Size
12,850 Sq Ft
Living Area
2,149 Sq Ft
Year Built
1990
Bedrooms / Baths
4/2
List Date
01/16/2024
Last Price Change
06/03/2024
List Price
$420,000
94 Covington Lane, Palm Coast, Florida 32137
Palm Coast, FL 32137
Residential | Built 1990 | 4/2 | 2,149 Sq Ft
Property Rank
#2
of 10 Selected
Overall Score
100
/100
ELITE
Estimated Market Value
$575,919
$268 / Sq Ft
List Price
$420,000
Equity Spread
$155,919
27.1% Below Market
Discount Pct
27.1%
A+ Grade
Days on Market
305
Expired/Re-engagement
Investment Summary
94 Covington Lane, Palm Coast, Florida 32137 in Palm Coast, Florida is priced below market based on subdivision comps and benchmark analysis. The current discount of 27.1% with 305 days on market supports a expired/re-engagement profile.
100
ELITE
LOCATION & MARKET SNAPSHOT
City
Palm Coast
ZIP Code
32137
Subdivision
PALM COAST SEC 16
Asset Class
RESIDENTIAL
Benchmark Level
Subdivision
Comp Count
15
Market Position
Below Selected Benchmark
DOM Category
High
Coordinates
29.6008110, -81.2201620
Value Breakdown
Benchmark Level
Subdivision
Estimated Market Value
$575,919
List Price
$420,000
Equity Spread
$155,919
Discount Percentage
27.1%
Confidence Level
High
Based on 15 comps using Subdivision benchmark logic.
MOTIVATION SIGNALS
Price Reduction
$45,000
9.7%
Days on Market
305 days
High
Price vs Market
27.1% Below Benchmark
Equity Potential
$155,919
IDEAL FOR
Flip
Buy & Hold
Rental
LISTING CONTACT
Agent Name
Rasa Siulte
Agent Phone
386-569-6030
Agent Email
Rasa Sells Palm Coast FL@gmail.com
Office Name
COLDWELL BANKER PREMIER PROPERTIES
Office Phone
386-445-5880
Office MLS ID
256500423