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$648,000

Beds
2
Baths
1.0
sq ft
1,456

1602 Binney Dr, Fort Pierce, FL 34949

1602 Binney Dr

Fort Pierce, FL 34949

  • 328 days on market
    • Price drop $20,000↓
Excellent Investment (details below)*** Very Nice Corner Beach Home/Investment Property Three Bedroom Two Bath Totally redone 1950's Beach Home. Great Corner Lot Over half a block long featuring Separate Two Story 800 Sq/Ft Garage with second floor office. Nice open space between home for a Pool. 50'x 16.6' RV/Boat Pad with 30/50 Amp and Sewage Hook-up. 2016) 2020, State of the Art Electrical Service(s) 2018 and Plumbing ! Bonus Room can be used as Bedroom or Hobby Room. New PVC Fence with Three gate access, New Trex Deck out back (not pictured). *** Great Income Potential. Plans in hand to convert the two story 800 CBS Garage into a modern Studio single! Rent or Air BnB the 2016 updated 3/2 CBS Home!

Details

Property type

Single Family Residence

Est. home value

$623,408

Lot size

9,062 sq ft

Price per sq ft

$446

Year built

1952

Annual property taxes

$10,434

Price History

06/06/2024
Beaches

Beaches #R10931394

Price change
$648,000
-2.99%
02/29/2024
Beaches

Beaches #R10931394

Price change
$668,000
-2.91%
02/22/2024
Beaches

Beaches #R10931394

Price change
$688,000
-2.69%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$322,830
Asking price
$648,000
Closing costs (~8% of asking)
-$51,840
Est. remaining loan balance
-$273,330
Cash to seller
$322,830

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

November 2021

Original loan amount

$291,000

Est. remaining balance

$273,330

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Ronald K Baker and Ingrid E Baker

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: 09/20/2024 at 4:55 AM

Listing updated: 09/04/2024 at 2:25 AM

Listed by: Ronald Baker, Frankel Ball Realty LLC Phone #: (561) 427-2154

MLS: Beaches #R10931394

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