tomo logo

$1,995,000

Beds
4
Baths
4.5
sq ft
4,791

500 Marbrisa Dr, Vero Beach, FL 32963

500 Marbrisa Dr

Vero Beach, FL 32963

  • 129 days on market
    • Price drop $305,000↓
Meticulously remodeled (2022) residence situated on over .5 acre located in the ocean-to-river community, Marbrisa. Featuring coffered ceilings & an open, airy layout w/ lots of natural light through huge picture windows. 4 beds, incl. the expansive primary suite, 4.5 updated baths, 3-car oversized garage plus very spacious laundry room. The renovated kitchen feat. quartzite counters, shaker-style cabinetry, Bosch appliances, & butler's pantry. Wet bar w/ wine storage. Wood-like tile floors for easy maintenance & extensive millwork throughout. Large lanai w/ saltwater pool. Fantastic storage.

Details

Property type

Single Family Residence

Est. home value

$2,634,384

Lot size

0.58 acres

Price per sq ft

$417

Year built

1993

Annual property taxes

$14,386

HOA fee

$320

Price History

08/20/2024
IndianRiver

IndianRiver #278985

Price change
$1,995,000
-13.26%
06/11/2024
IndianRiver

IndianRiver #278985

Listed
$2,300,000
05/31/2024
IndianRiver

IndianRiver #274848

Removed
$2,300,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Clubhouse, Tennis Court(s)

High school district: 

Indian River County Schools

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

$480,562
Asking price
$1,995,000
Closing costs (~8% of asking)
-$159,600
Est. remaining loan balance
-$1,354,838
Cash to seller
$480,562

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

Seller’s Loan History

Lender

South State Bank Na

Loan start date

December 2021

Original loan amount

$1,440,000

Est. remaining balance

$1,354,838

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Ha Jimmy Chim and Taylor Chim

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: 10/18/2024 at 8:30 AM

Listing updated: 10/15/2024 at 11:20 AM

Listed by: Cindy J O'Dare, One Sotheby's Int'l Realty Phone #: (772) 492-1002

MLS: IndianRiver #278985

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