tomo logo

$4,740,000

Beds
4
Baths
5.0
sq ft
4,842

195 Ocean Way, Vero Beach, FL 32963

195 Ocean Way

Vero Beach, FL 32963

  • 6 days on market

Details

Property type

Single Family Residence

Est. home value

$4,283,623

Lot size

0.39 acres

Price per sq ft

$979

Year built

2018

Annual property taxes

$45,742

Monthly HOA fee

$227

Price History

01/16/2025
Beaches

Beaches #R11053048

Listed
$4,740,000
+54.15%
06/23/2021
IndianRiver

IndianRiver #242727

Sold
$3,075,000
+434.78%
07/22/2016
IndianRiver

IndianRiver #164705

Sold
$575,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Sidewalks

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

$3,669,509
Asking price
$4,740,000
Closing costs (~8% of asking)
-$379,200
Est. remaining loan balance
-$691,291
Cash to seller
$3,669,509

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

June 2021

Original loan amount

$750,000

Est. remaining balance

$691,291

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

J Michael Potter and Deborah O Potter

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: 01/22/2025 at 6:50 PM

Listing updated: 01/17/2025 at 12:05 PM

Listed by: Charlotte Terry, Alex MacWilliam, Inc. Phone #: (772) 231-6509

MLS: Beaches #R11053048

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