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$1,375,000

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

  • Pending
    • Price drop $24,000↓
This Fully Furnished 1963 home was completely updated in 2018! Updates include: Metal roof, Impact Glass, Plumbing, Electrical, Ductwork, Flooring, Sheetrock, Insulation, Soffits, AC, Tankless Hot Water Heater and Step System! Located in the highly desirable Central Beach area, you are within walking distance to our pristine beaches, shops and restaurants. Second living area perfect for a guest retreat! Full sized laundry room and a two-car garage. Large back patio for entertaining! Tastefully decorated in a coastal beach theme. Just bring your toothbrushes! Sizes apprx. subject to error.

Details

Property type

Single Family Residence

Est. home value

$1,307,506

Lot size

Unknown

Price per sq ft

$710

Year built

1963

Annual property taxes

$14,462

Price History

03/22/2025
IndianRiver

IndianRiver #283805

Pending
$1,375,000
03/12/2025
IndianRiver

IndianRiver #283805

Price change
$1,375,000
-1.72%
02/02/2025
IndianRiver

IndianRiver #283805

Price change
$1,399,000
-3.52%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

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

$1,031,860
Asking price
$1,375,000
Closing costs (~8% of asking)
-$110,000
Est. remaining loan balance
-$233,140
Cash to seller
$1,031,860

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

$233,140

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: Pending/Under Contract

Tomo last checked: 04/01/2025 at 2:15 PM

Listing updated: 03/22/2025 at 7:10 PM

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

MLS: IndianRiver #283805

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