tomo logo

$480,000

Beds
3
Baths
2.0
sq ft
1,814

5486 5th Ln, Vero Beach, FL 32968

5486 5th Ln

Vero Beach, FL 32968

  • 130 days on market
    • Price drop $20,000↓
    • Open house Nov 10
DRASTIC PRICE CUT-MOVE-IN READY Welcome to 5486 5th Lane in Vero Beach, a meticulously maintained 3-bedroom, 2-bathroom pool home on nearly half an acre. Offering over 1,800 sq. ft. of living space, this home features a newer roof, high-efficiency AC 2024, new roof 2017, added attic insulation 2024, new hot water heater. Enjoy the fenced backyard with a sparkling pool and outdoor wet bar, perfect for entertaining. The 2-car garage provides ample storage. Move into comfort, style, and convenience--schedule your tour today!

Details

Property type

Single Family Residence

Est. home value

$536,242

Lot size

0.43 acres

Price per sq ft

$265

Year built

1999

Annual property taxes

$5,925

Monthly HOA fee

$60

Price History

10/31/2024
Beaches

Beaches #R11000810

Price change
$480,000
-4%
10/23/2024
Beaches

Beaches #R11000810

Price change
$500,000
-1.96%
10/08/2024
Beaches

Beaches #R11000810

Price change
$510,000
-2.76%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

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

$116,557
Asking price
$480,000
Closing costs (~8% of asking)
-$38,400
Est. remaining loan balance
-$325,043
Cash to seller
$116,557

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

Seller’s Loan History

Lender

Bayshore Mortgage Funding Llc

Loan start date

February 2022

Original loan amount

$345,000

Est. remaining balance

$325,043

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

William Lawrence Krumm Ii and Tammie Lynn Dalton Cole

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: 11/08/2024 at 5:10 PM

Listing updated: 11/06/2024 at 2:35 PM

Listed by: Wes Richards, Coldwell Banker Paradise Phone #: (772) 778-2029

MLS: Beaches #R11000810

Beaches logo

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