tomo logo

$279,900

Beds
4
Baths
2.0
sq ft
1,754

1056 Cabot Dr NE, Palm Bay, FL 32905

1056 Cabot Dr NE

PALM BAY, FL 32905

  • 84 days on market
    • Price drop $10,000↓
Welcome to this stunning property located in the beautiful Palm Bay, Florida! This spacious home boasts 4 bedrooms, 2 bathrooms, and a versatile flex room that can be transformed into your dream game room or office space. Step into the fully renovated kitchen featuring elegant granite countertops, perfect for whipping up gourmet meals or entertaining guests. The roof was recently redone in 2022, ensuring peace of mind for years to come. A brand new AC unit was installed in 2024, along with a water heater in 2018, providing optimal comfort and efficiency. Outside, enjoy the serene surroundings of Turkey Creek Sanctuary just moments away, offering biking trails, jogging paths, and opportunities for canoeing or kayaking. With the beaches just a short drive away, you'll have endless options for outdoor activities and relaxation. Don't miss out on this incredible opportunity to own a piece of paradise in Palm Bay! Schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$257,189

Lot size

9,583 sq ft

Price per sq ft

$160

Year built

1960

Annual property taxes

$3,015.18

HOA

No

Price History

09/16/2024
StellarMLS

StellarMLS #O6237783

Price change
$279,900
-3.45%
08/31/2024
StellarMLS

StellarMLS #O6237783

Listed
$289,900
+9.4%
12/22/2022
StellarMLS

StellarMLS #S5075691

Sold
$265,000
+41.71%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Stone Magnet Middle

High school: 

Palm Bay Magnet High

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

$2,591
Asking price
$279,900
Closing costs (~8% of asking)
-$22,392
Est. remaining loan balance
-$254,917
Cash to seller
$2,591

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

December 2022

Original loan amount

$260,200

Est. remaining balance

$254,917

Interest rate

6.95%

Loan type

FHA, 30 year

Seller

Carlos Michel Barrientos Mendez

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: 11/23/2024 at 6:00 AM

Listing updated: 09/16/2024 at 5:02 PM

Listed by: Trisha Deokinandan, ALORA REALTY GROUP INC Phone #: (407) 790-9605

MLS: StellarMLS #O6237783

StellarMLS logo

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