tomo logo

$425,000

Beds
3
Baths
2.0
sq ft
1,640

1263 Schumann Dr, Sebastian, FL 32958

1263 Schumann Dr

Sebastian, FL 32958

  • 83 days on market
This charming 3-bedroom, 2-bath home with a 2-car garage is ready for you to make memories. Imagine family gatherings in the expansive living room, where vaulted ceilings and a huge picture window create a bright. The open concept kitchen, complete with an eating bar and breakfast nook, flows seamlessly into the formal dining area, offering picturesque views of the screened lanai and sparkling pool. The much-desired split bedroom floor plan provides privacy, with a master suite featuring a full bath with a tub and shower.

Details

Property type

Single Family Residence

Est. home value

$388,606

Lot size

0.23 acres

Price per sq ft

$260

Year built

1996

Annual property taxes

$5,179

Price History

01/10/2025
IndianRiver

IndianRiver #284327

Listed
$425,000
+11.86%
11/30/2022
IndianRiver

IndianRiver #263295

Sold
$379,950

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

High school district: 

Indian River County Schools

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

$27,344
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$363,656
Cash to seller
$27,344

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

November 2022

Original loan amount

$373,067

Est. remaining balance

$363,656

Interest rate

6.92%

Loan type

FHA, 30 year

Seller

Jeffry Carl Hannah and Terri Marie Hannah

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?

Status: Active

Tomo last checked: 04/03/2025 at 12:00 PM

Listing updated: 04/02/2025 at 11:30 AM

Listed by: Sherri L Jacobs, EXP Realty, LLC Phone #: (888) 883-8509

MLS: IndianRiver #284327

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