tomo logo

$105,000

Beds
2
Baths
2.0
sq ft
864

1602 University Ln Unit 1307, Cocoa, FL 32922

1602 University Ln Unit 1307

Cocoa, FL 32922

  • 26 days on market
College Club Condominiums NEWEST unit available! Excellent location for this well-kept complex that's just steps from the EFSC and UCF Campuses, and minutes away from shopping, dining, and major interstates/highways! This well-maintained second-floor 2BR/2BATH condo is located in a quiet community, which you can enjoy from your screened patio and offers views of beautiful small ponds and regularly manicured landscaping. This is a PERFECT property for someone looking to jump start an investment portfolio, as all appliances come with it and there will never be a shortage of potential student-tenants! Association fee includes exterior/roofs, insurance, pool, water/sewer, pest control, basic cable, and grounds maintenance. Buyer is required to apply and interview to be approved through the association. Pet restrictions for tenants (not owners) per association....(more)

Details

Property type

Condominium

Est. home value

$116,744

Property condition

Fixer

Lot size

2,613.6 sq ft

Price per sq ft

$122

Year built

1986

Monthly HOA fee

$431

Price History

11/29/2024
BrevardMLS

BrevardMLS #1030789

Listed
$105,000

Schools & Community

Elementary school: 

Cambridge

Middle school: 

Cocoa

High school: 

Cocoa

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

$34,358
Asking price
$105,000
Closing costs (~8% of asking)
-$8,400
Est. remaining loan balance
-$62,242
Cash to seller
$34,358

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

February 2022

Original loan amount

$66,000

Est. remaining balance

$62,242

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Hanson Walker and Jennifer Walker

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: 12/24/2024 at 8:05 PM

Listing updated: 12/19/2024 at 2:05 PM

Listed by: Gina Gabrielle Ventimiglia, Real Broker LLC Phone #: (855) 450-0442

MLS: BrevardMLS #1030789

BrevardMLS logo

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