tomo logo

$395,000

Beds
4
Baths
2.0
sq ft
2,358

1524 Rachel Ave SE, Palm Bay, FL 32909

1524 Rachel Ave SE

Palm Bay, FL 32909

  • 210 days on market
    • Price drop $10,000↓
Beautiful Remodeled home on 1/2 acre size lot. Very quiet and peaceful neighborhood. Beautiful upgraded maple cabinets with crown, granite top and backsplash. This home has it all hardwood and tile floors, hurricane shutters, enclosed porch, and patio pavers, exotic fruit trees and garden surrounding the properties such as mango, sugar apple, sapodilla, jujube, tamarind, sugarcane, etc. All new master bathroom. Surround sound w/built-in speakers. New wooden fences. House has city water. Vaulted ceiling and laundry room. Exterior of the house was newly painted. Roof was replaced 2019. This home has it all.

Details

Property type

Single Family Residence

Est. home value

$365,666

Lot size

0.47 acres

Price per sq ft

$168

Year built

1993

Annual property taxes

$5,552.19

Price History

09/18/2024
BrevardMLS

BrevardMLS #1010293

Price change
$395,000
-2.47%
08/03/2024
BrevardMLS

BrevardMLS #1010293

Price change
$405,000
-3.57%
04/09/2024
BrevardMLS

BrevardMLS #1010293

Listed
$420,000
+31.25%

Schools & Community

Elementary school: 

Columbia

Middle school: 

Southwest

High school: 

Bayside

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

$139,856
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$223,544
Cash to seller
$139,856

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

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

June 2021

Original loan amount

$241,000

Est. remaining balance

$223,544

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Sabrina Pan

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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A home in Palm Bay
Price drop
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Status: Active

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

Listing updated: 10/21/2024 at 10:56 PM

Listed by: Jake Keo, One Sotheby's International Phone #: (321) 723-1400

MLS: BrevardMLS #1010293

BrevardMLS logo

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