tomo logo

$399,000

Beds
3
Baths
2.5
sq ft
1,950

5824 Spanish River Rd, Fort Pierce, FL 34951

5824 Spanish River Rd

Fort Pierce, FL 34951

  • Coming soon
This beautiful ROMA model home has a new roof that was installed in January 2025, new hot water and plantation shutters installed in 2021, new vertical blinds on both sliders in 2024. The A/C is approximately 9 years old and was last serviced in December 2024 with no issues. It should be mentioned that from 2021 to 2023 the house was used 5 weeks out of the year as a vacation home and serviced annually. Also of note the ROMA model is the largest single story floor plan in Portofino Shores. Travertine tile floor through-out. The backyard is fenced and backs up to the preserve with no neighbors to the rear. The home has a large, covered lanai to sit and enjoy a cup of coffee in the morning or your favorite beverage in the evening. The home is located close to Lakewood Park and

Details

Property type

Single Family Residence

Est. home value

$382,023

Lot size

8,059 sq ft

Price per sq ft

$205

Year built

2005

Annual property taxes

$6,217

Monthly HOA fee

$175

Price History

11/07/2024
Beaches

Beaches #R11020696

Removed
$385,000
09/24/2024
Beaches

Beaches #R11020696

Price change
$385,000
-3.75%
09/13/2024
Beaches

Beaches #R11020696

Listed
$400,000
+31.23%

Schools & Community

Neighborhood: 

Lakewood Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Gated, Street Lights, Sidewalks, Tennis Court(s)

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

$98,294
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$268,786
Cash to seller
$98,294

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

October 2021

Original loan amount

$289,560

Est. remaining balance

$268,786

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Michael Rainwater and Jaime Rainwater

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?

Status: Coming Soon

Tomo last checked: 01/22/2025 at 2:20 PM

Listing updated: 01/21/2025 at 11:16 PM

Listed by: Rob L Lowe, RE/MAX Masterpiece Realty Phone #: (772) 340-2700

MLS: Beaches #R11054577

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