tomo logo

$400,000

Beds
2
Baths
2.0
sq ft
1,401

1806 7th Ave, Vero Beach, FL 32960

1806 7th Ave

Vero Beach, FL 32960

  • 12 days on market
Charming 1948 built home on a lush tropical 1/3 acre. Freshly painted real wood paneled walls & ceilings, tasteful upgrades-2022 4x4 tile floors throughout, impact windows, lighting, BEAUTIFULLY updated kitchen and bathrooms. Centrally located in the heart of Vero. 23x9 screened patio, with additional unscreened area. Fully fenced backyard...loads of room to play in the front or side yards as well. 2024: new driveway, exterior deck coating, new lighting, uv light in AC system, fireplace insert, keypad entry. 2019 metal roof. Banana & mango trees + pineapples plants. Storage/utility shed

Details

Property type

Single Family Residence

Est. home value

$309,918

Lot size

0.34 acres

Price per sq ft

$286

Year built

1948

Annual property taxes

$3,758

Price History

01/23/2025
IndianRiver

IndianRiver #284797

Listed
$400,000
+45.45%
01/13/2022
IndianRiver

IndianRiver #248442

Sold
$275,000

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

$204,122
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$163,878
Cash to seller
$204,122

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

Seller’s Loan History

Lender

Total Mortgage Services Llc

Loan start date

January 2022

Original loan amount

$175,000

Est. remaining balance

$163,878

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Ian M Johnson

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: 02/04/2025 at 10:40 AM

Listing updated: 02/02/2025 at 1:20 AM

Listed by: Kimberly Y Keithahn, Alex MacWilliam, Inc. Phone #: (772) 231-6509

MLS: IndianRiver #284797

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