tomo logo

$116,000

Beds
2
Baths
2.0
sq ft
864

1600 University Ln Unit 1506, Cocoa, FL 32922

1600 University Ln Unit 1506

Cocoa, FL 32922

  • 59 days on market
    • Price drop $4,000↓
Condo on the second floor with income producing potential! This condo can work for both an investor or owner occupant. The tenant will be vacating soon, allowing you to make some minor improvements and occupy or rent out. The condo is in good condition and features textured walls, a/c is 2015, tile and carpet throughout, a stackable washer/dryer and private view from the back screened porch. Lowest priced condo in College Club!

Details

Property type

Condominium

Est. home value

$121,965

Lot size

2,614 sq ft

Price per sq ft

$135

Year built

1986

Annual property taxes

$1,768

Monthly HOA fee

$433.33

Price History

08/22/2024
BrevardMLS

BrevardMLS #1019963

Price change
$116,000
-3.33%
08/13/2024
BrevardMLS

BrevardMLS #1019963

Listed
$120,000
08/11/2024
BrevardMLS

BrevardMLS #1019963

Pending
$120,000

Schools & Community

Elementary school: 

Cambridge

Middle school: 

Cocoa

High school: 

Cocoa

Community features: 

Pool

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Franklin

Loan start date

January 2006

Original loan amount

$95,000

Est. remaining balance

Not provided

Interest rate

9.37%

Loan type

Stand Alone First, 30 year

Seller

Thomas J Walton

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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608 S Ridgewood Dr, Cocoa, FL 32926

Status: Active

Tomo last checked: 09/16/2024 at 11:30 AM

Listing updated: 08/22/2024 at 7:43 PM

Listed by: Aida N Teague, Southern Tropics R.E. LLC Phone #: (321) 423-2010

MLS: BrevardMLS #1019963

BrevardMLS logo

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