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$550,000

Beds
3
Baths
2.0
sq ft
1,562

511 SW North River Point Dr, Stuart, FL 34994

511 SW North River Point Dr

Stuart, FL 34994

  • 198 days on market
    • Price drop $25,000↓
fully renovated home minutes from downtown and stuart boat ramp with full impact windows and doors and metal roof. room for a boat and pool. home has been a successful short term rental

Details

Property type

Single Family Residence

Est. home value

$483,774

Lot size

7,650 sq ft

Price per sq ft

$353

Year built

1966

Annual property taxes

$6,018

Price History

07/25/2024
Beaches

Beaches #R10986124

Price change
$550,000
-4.35%
06/04/2024
Beaches

Beaches #R10986124

Price change
$575,000
-4.01%
05/09/2024
Beaches

Beaches #R10986124

Listed
$599,000
+42.62%

Schools & Community

Neighborhood: 

Indian Groves/Poppleton South

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$187,853
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$318,147
Cash to seller
$187,853

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

February 2022

Original loan amount

$336,000

Est. remaining balance

$318,147

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Michael N Bittar and Gina Dibenedetto

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: 11/23/2024 at 6:25 AM

Listing updated: 09/30/2024 at 5:14 PM

Listed by: Michael Bittar, Atlantic Florida Properties Inc Phone #: (561) 713-1141

MLS: Beaches #R10986124

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