tomo logo

$875,000

Beds
5
Baths
4.0
sq ft
3,224

1870 Cypress Lake Dr, Grant, FL 32949

1870 Cypress Lake Dr

Grant Valkaria, FL 32949

  • 232 days on market
    • Price drop $74,900↓
Completely remodeled, executive home with inviting new double metal front door, 2023 roof, new windows and custom blinds. Private master suite, formal living & dining areas plus a great room with vaulted ceilings throughout. Large island kitchen with reverse osmosis system, new stainless-steel appliances, and a working fireplace. Bonus office/room with full bathroom on second level. Deep well, and water filtration system for the entire home, 30x30’ outbuilding w/16 ft. doors, full house generator, 2 AC units (2021), 2 new water heaters. Bring your toys and the horses. rmszappr&sub2err

Details

Property type

Single Family Residence

Est. home value

$836,257

Lot size

2.57 acres

Price per sq ft

$272

Year built

1993

Annual property taxes

$8,425

Price History

12/18/2024
IndianRiver

IndianRiver #280535

Price change
$875,000
-7.89%
11/15/2024
IndianRiver

IndianRiver #280535

Price change
$949,900
-2.57%
08/15/2024
IndianRiver

IndianRiver #280535

Listed
$975,000
+47.73%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

High school district: 

Brevard County Schools

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

$282,982
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$522,018
Cash to seller
$282,982

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

Seller’s Loan History

Lender

American Financing Corp

Loan start date

July 2022

Original loan amount

$544,000

Est. remaining balance

$522,018

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

Lynn C Hansen

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: 04/03/2025 at 11:30 PM

Listing updated: 03/28/2025 at 1:20 AM

Listed by: Luchian S Bercea, Dale Sorensen Real Estate Inc. Phone #: (772) 231-4712

MLS: IndianRiver #280535

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