tomo logo

$1,399,000

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

  • 65 days on market
    • Price drop $51,000↓
This beautiful 3-bedroom, 2-bathroom retreat offers coastal living by the beach! Tile floors throughout this open floorplan connecting the kitchen to the living and dining areas. Everything updated including impact glass, metal roof, newer plumbing, electrical, insulation and step system. This home exudes comfort and style with the added convenience of a laundry room and 2-car garage. The large back patio is perfect for relaxing & entertaining. Just a short walk to the beach, shops, and restaurants. Furniture available outside of PP. Island 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

$723

Year built

1963

Annual property taxes

$14,462

Price History

02/02/2025
IndianRiver

IndianRiver #283805

Price change
$1,399,000
-3.52%
12/20/2024
IndianRiver

IndianRiver #283805

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

IndianRiver #248803

Sold
$1,225,000
+198.78%

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

$1,052,313
Asking price
$1,399,000
Closing costs (~8% of asking)
-$111,920
Est. remaining loan balance
-$234,767
Cash to seller
$1,052,313

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

$234,767

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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Price drop
IndianRiver
$1,294,000
3 bd
|
2.5 ba
|
2,001 sq ft
|
House

465 Fiddlewood Rd, Vero Beach, FL 32963

Status: Active

Tomo last checked: 02/23/2025 at 6:00 PM

Listing updated: 02/22/2025 at 1:20 AM

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

MLS: IndianRiver #283805

IndianRiver logo

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