tomo logo

$1,000,000

Beds
3
Baths
2.5
sq ft
2,174

3920 N Highway A1a Unit 403, Hutchinson Island, FL 34949

3920 N Highway A1a Unit 403

Hutchinson Island, FL 34949

  • 295 days on market
    • Price drop $150,000↓
Welcome to your turnkey oceanfront retreat on North Hutchinson Island! Simply unpack and unwind in this spacious, condo featuring new tile flooring throughout. The remodeled kitchen, complete w/a large breakfast bar & GE Cafe' appliances, seamlessly flows into the cozy living room. Both the living & primary provide access to a covered balcony with breathtaking ocean views. The primary suite pampers you with double vanities and a jetted tub. Enjoy the best of coastal living in a sought-after community w/a clubhouse, private beach access, pool, & fitness room. Your serene seaside escape awaits!

Details

Property type

Single Family Residence

Est. home value

$762,266

Lot size

Unknown

Price per sq ft

$460

Year built

2003

HOA fee

$1,305

Price History

05/24/2024
IndianRiver

IndianRiver #275152

Price change
$1,000,000
-13.04%
02/02/2024
IndianRiver

IndianRiver #275152

Listed
$1,150,000
+115.7%
09/28/2020
Beaches

Beaches #R10588056

Sold
$533,144

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Clubhouse

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

$485,870
Asking price
$1,000,000
Closing costs (~8% of asking)
-$80,000
Est. remaining loan balance
-$434,130
Cash to seller
$485,870

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

September 2020

Original loan amount

$477,000

Est. remaining balance

$434,130

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Chester C Wilmot and Kristin F Wilmot

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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4160 N Highway A1a Unit 805A, Hutchinson Island, FL 34949

Status: Active

Tomo last checked: 11/22/2024 at 8:10 PM

Listing updated: 11/01/2024 at 1:20 AM

Listed by: Lori Anne Strazzulla, Compass Florida LLC Phone #: (772) 492-7777

MLS: IndianRiver #275152

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