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$1,450,000

Beds
3
Baths
2.0
sq ft
1,937

515 Indian Lilac Rd, Vero Beach, FL 32963

515 Indian Lilac Rd

Vero Beach, FL 32963

  • 16 days on market
Welcome to your fully furnished dream beach home! This beautifully updated 3-bedroom, 2-bathroom retreat offers everything you need for coastal living. Tile floors, open floorplan w/impact glass, a durable metal roof, and neutral decor throughout. This home exudes comfort and style with the added convenience of a laundry room and 2-car garage. The large patio is perfect for relaxing or entertaining. Just a short walk to the beach, shops, and restaurants -- this move-in-ready gem is coastal living at its finest! Sizes apprx subject to error.

Details

Property type

Single Family Residence

Est. home value

$1,307,506

Lot size

Unknown

Price per sq ft

$749

Year built

1963

Annual property taxes

$14,462

Price History

01/08/2025
Beaches

Beaches #R11050844

Listed
$1,450,000
+18.37%
03/23/2022
IndianRiver

IndianRiver #248803

Sold
$1,225,000
+198.78%
03/20/2017
IndianRiver

IndianRiver #167257

Sold
$410,000

Schools & Community

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

$1,097,609
Asking price
$1,450,000
Closing costs (~8% of asking)
-$116,000
Est. remaining loan balance
-$236,391
Cash to seller
$1,097,609

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

Seller’s Loan History

Lender

First National Home Mortgage

Loan start date

May 2020

Original loan amount

$321,000

Est. remaining balance

$236,391

Interest rate

3.06%

Loan type

New Conventional, 15 year

Seller

Kenneth E Cook and Michele P Cook

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: 01/23/2025 at 10:40 PM

Listing updated: 01/10/2025 at 11:30 AM

Listed by: Kimberly Taylor, Dale Sorensen Real Estate Inc. Phone #: (772) 231-4712

MLS: Beaches #R11050844

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