tomo logo

$392,500

Beds
4
Baths
2.0
sq ft
2,046

1883 Farmhouse Rd SE, Palm Bay, FL 32909

1883 Farmhouse Rd SE

Palm Bay, FL 32909

  • <1 day on market
    • Open house Feb 15
A 4 bedroom 2 bath beauty, this home is different than the others in the neighborhood, as it has an oversized ''premium'' lot, designer light fixtures, a large pantry and backyard views of peaceful farmland! The split plan features a wide entry foyer for privacy, tall 10' flat ceilings and washable HVAC filters as well. This quiet, gated community makes you feel miles away from the hustle and bustle, yet it's close to everything! Only 10 miles to the beach, 20 miles to the Vero Beach Outlets and 60 miles to Disney. And a brand new Publix is right around the corner! Appliances are still under warranty and pools/fences are allowed in this beautiful and unique community. Irrigation is on well. This is a must-see, standout property in Cypress Bay Preserve, come take a look!

Details

Property type

Ranch

Est. home value

$381,621

Property condition

Updated/Remodeled

Lot size

8,712 sq ft

Price per sq ft

$192

Year built

2023

Annual property taxes

$5,495.55

Monthly HOA fee

$78.33

Price History

02/12/2025
BrevardMLS

BrevardMLS #1037079

Listed
$392,500
+2.61%
12/22/2024
BrevardMLS

BrevardMLS #1016049

Removed
$382,500
08/29/2024
BrevardMLS

BrevardMLS #1016049

Price change
$382,500
-0.71%

Schools & Community

Elementary school: 

Sunrise

Middle school: 

Southwest

High school: 

Bayside

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

$18,181
Asking price
$392,500
Closing costs (~8% of asking)
-$31,400
Est. remaining loan balance
-$342,919
Cash to seller
$18,181

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

$342,919

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?

Status: Active

Tomo last checked: 02/13/2025 at 2:40 AM

Listing updated: 02/13/2025 at 12:10 AM

Listed by: Tina Lange, Ruth James FL Phone #: (321) 458-7631

MLS: BrevardMLS #1037079

BrevardMLS logo

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