tomo logo

$194,500

Beds
2
Baths
2.0
sq ft
1,067

1958 Otterbein Ave Unit 902, Cocoa, FL 32926

1958 Otterbein Ave Unit 902

Cocoa, FL 32926

  • 90 days on market
    • Price drop $5,000↓
Charming ground floor 2 bedroom, 2 bathroom townhouse style condo with a private courtyard. This meticulous home is light & bright with an open floorplan, high ceilings and skylight. Located at the end of a private street so it is quiet with no traffic. Features include a split bedroom plan, walk-in closets in both bedrooms, updated bathrooms, new kitchen counters, tile and laminate flooring. Sliders from the living room, and both bedrooms open to the private courtyard. There is ample storage space inside the home as well as a large storage unit in the courtyard. The roof is new and the AC is 2019. Enjoy the nearby heated community pool and clubhouse. The condo fee includes internet, cable, exterior and lawn maintenance, pool upkeep and roof replacement. This is an owner only community so neighbors are friendly and the homes are pristine. Ideal location close to shopping, post office, Eastern Florida State College, major thoroughfares and the future Brightline Cocoa station

Details

Property type

Condominium

Est. home value

$184,179

Lot size

4,792 sq ft

Price per sq ft

$183

Year built

1987

Annual property taxes

$2,773.54

Monthly HOA fee

$380

Price History

11/22/2024
BrevardMLS

BrevardMLS #1025805

Price change
$194,500
-2.51%
10/02/2024
BrevardMLS

BrevardMLS #1025805

Listed
$199,500
+134.71%
01/23/2017
BrevardMLS

BrevardMLS #766085

Sold
$85,000

Schools & Community

Elementary school: 

Cambridge

Middle school: 

Cocoa

High school: 

Cocoa

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

$146,692
Asking price
$194,500
Closing costs (~8% of asking)
-$15,560
Est. remaining loan balance
-$32,248
Cash to seller
$146,692

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

Seller’s Loan History

Lender

Pinnacle Financial Corp

Loan start date

March 2004

Original loan amount

$64,000

Est. remaining balance

$32,248

Interest rate

5.72%

Loan type

Not Provided, 30 year

Seller

Joshua Lehmann

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: 12/24/2024 at 8:15 AM

Listing updated: 11/22/2024 at 5:30 PM

Listed by: Alice Desiongco, Coldwell Banker Coast Realty Phone #: (321) 383-3330

MLS: BrevardMLS #1025805

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