tomo logo

$634,900

Beds
4
Baths
3.0
sq ft
3,743

2565 Billie Ln, Malabar, FL 32950

2565 Billie Ln

Malabar, FL 32950

  • 2 days on market
Lender required repairs have been made. Repairs include: New roof, 3 new HVAC systems, New carpet, New interior doors, New exterior paint, New drainfield, 2 new water heaters and water softener, New pool pump and drywall repairs so it it ready for your paint. Beautiful lot with a pond. 1.4 acres. Ready for your final touches to make it your home. This property is eligible under the Freddie Mac First Look Initiative. Only owner occupant offers will be considered the first 30 days of the listing.

Details

Property type

Single Family Residence

Est. home value

$690,532

Property condition

Fixer

Lot size

1.4 acres

Price per sq ft

$170

Year built

1990

Annual property taxes

$7,416.09

Price History

02/21/2025
BrevardMLS

BrevardMLS #1037901

Listed
$634,900

Schools & Community

Elementary school: 

Port Malabar

Middle school: 

Stone

High school: 

Palm Bay

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

$225,286
Asking price
$634,900
Closing costs (~8% of asking)
-$50,792
Est. remaining loan balance
-$358,822
Cash to seller
$225,286

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

November 2018

Original loan amount

$403,750

Est. remaining balance

$358,822

Interest rate

4.65%

Loan type

New Conventional, 30 year

Seller

Raymond Warren and Rachel Warren

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: 02/23/2025 at 4:40 PM

Listing updated: 02/21/2025 at 7:05 AM

Listed by: Ronald J Gentile, Orlando REO Professionals, INC Phone #: (407) 704-6924

MLS: BrevardMLS #1037901

BrevardMLS logo

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