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$220,000

Beds
2
Baths
2.0
sq ft
1,356

500 Grove Isle Cir Unit 202, Vero Beach, FL 32962

500 Grove Isle Cir Unit 202

Vero Beach, FL 32962

  • 71 days on market
    • Price drop $25,000↓
Enjoy this updated, bright and spacious fully furnished two bedroom and two full bath condominium located in the active community of Grove Isle. The many amenities include two swimming pools and clubhouses, tennis courts, kayak & boat launch, guarded gate entrance, and a 46 acre Nature Preserve with a nature trail leading to an observation deck & picnic area. Just minutes to Vero's beautiful sandy beaches. Storm shutters (electric and manual). Close

Details

Property type

Condominium

Est. home value

$255,485

Lot size

Unknown

Price per sq ft

$163

Year built

1988

Annual property taxes

$2,427

Monthly HOA fee

$555

Price History

10/31/2024
Beaches

Beaches #F10458878

Price change
$220,000
-10.2%
08/29/2024
Beaches

Beaches #F10458878

Listed
$245,000
06/27/2024
Beaches

Beaches #F10431175

Removed
$245,000
-2%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Senior community center: 

Yes

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

$95,418
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$106,982
Cash to seller
$95,418

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

August 2020

Original loan amount

$141,750

Est. remaining balance

$106,982

Interest rate

2.58%

Loan type

New Conventional, 15 year

Seller

Rodolfo B Fernandez and Donna S Fernandez

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: 11/08/2024 at 1:40 PM

Listing updated: 10/31/2024 at 7:20 AM

Listed by: Juan Garcia, Weichert Realtors Hallmark Pr Phone #: (772) 231-8480

MLS: Beaches #F10458878

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