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$381,621Estimated home value

Beds
4
Baths
2.0
sq ft
2,034

1883 Farmhouse Rd SE, Palm Bay, FL 32909

1883 Farmhouse Rd SE

Palm Bay, FL 32909

  • Sold On 2/16/2023
This all concrete block constructed, one-story layout optimizes living space with an open concept kitchen that overlooks the great room, dining area, and outdoor covered lanai. The owner's suite, located at the back of the home for privacy, has an Ensuite bathroom. At the front of the home, two bedrooms share the second bathroom. A flex room is located near the laundry room. Photos used for illustrative purposes and do not depict actual home

Details

Property type

Single Family Residence

Est. home value

$381,621

Property condition

New Construction

Lot size

6,534 sq ft

Price per sq ft

$176

Year built

2022

Monthly HOA fee

$67.03

Price History

12/22/2024
BrevardMLS

BrevardMLS #1016049

Removed
$382,500
08/29/2024
BrevardMLS

BrevardMLS #1016049

Price change
$382,500
-0.71%
08/06/2024
BrevardMLS

BrevardMLS #1016049

Price change
$385,250
-1.19%

Schools & Community

Elementary school: 

Sunrise

Middle school: 

Southwest

High school: 

Bayside

Community features: 

Pool

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

-$14,611
Asking price
$357,250
Closing costs (~8% of asking)
-$28,580
Est. remaining loan balance
-$343,281
Cash to seller
-$14,611

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

Seller’s Loan History

Lender

Dhi Mortgage Company Ltd

Loan start date

February 2023

Original loan amount

$350,779

Est. remaining balance

$343,281

Interest rate

6.42%

Loan type

FHA, 30 year

Seller

Cindy Kay Mcgovern

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: Off Market

Tomo last checked: 12/26/2024 at 1:35 AM

Listing updated: 10/17/2024 at 11:53 PM

Listed by: Elizabeth Boley, D.R.Horton Realty of Melbourne Phone #: (321) 953-3154

MLS: BrevardMLS #946470

BrevardMLS logo

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