tomo logo

$305,000

Beds
4
Baths
2.0
sq ft
1,766

1318 Gimlet St NW, Palm Bay, FL 32907

1318 Gimlet St NW

Palm Bay, FL 32907

  • Pending
    • Price drop $10,000↓
Built in 2021, this 4-bed, 2-bath residence offers modern living. The home features new LVP flring, a walk-in closet in the primary bedroom, & updated bath light fixtures. Enjoy energy-efficient insulation & windows, white cabinets, ss appliances, granite kitch counters, an island w/ a sink, & pantry. The property inclds a covered back porch & 2-car garage. W/ CBS, a newer roof, pro cleaning, this home is move-in ready. Save on insurance w/ newer construction w/out the wait. No HOA restrictions.

Details

Property type

Single Family Residence

Est. home value

$335,296

Lot size

0.23 acres

Price per sq ft

$173

Year built

2021

Annual property taxes

$5,222

Price History

11/04/2024
IndianRiver

IndianRiver #280307

Pending
$305,000
10/25/2024
IndianRiver

IndianRiver #280307

Price change
$305,000
-3.17%
09/23/2024
IndianRiver

IndianRiver #280307

Price change
$315,000
-1.56%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Brevard 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

$117,096
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$163,504
Cash to seller
$117,096

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

June 2021

Original loan amount

$176,250

Est. remaining balance

$163,504

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

James Yourk and Renee Yourk

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: Pending/Under Contract

Tomo last checked: 11/05/2024 at 1:40 AM

Listing updated: 11/04/2024 at 12:40 PM

Listed by: Nicole M Pulcini, Dale Sorensen Real Estate Inc. Phone #: (772) 231-4712

MLS: IndianRiver #280307

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