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$400,000

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

  • 6 days on market
This beautiful ROMA model home has been upgraded. Travertine tile floor through-out. The back yard is fenced in with a privacy fence and has lots of room for your children and pet to enjoy. 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. This is a prestigious community with 24/7 manned gate, clubhouse, pool, preserve walk, tennis courts & more. The home is located just down from Lakewood Park and is close to Vero Beach and I95 for easy commuting.

Details

Property type

Single Family Residence

Est. home value

$382,023

Lot size

8,059 sq ft

Price per sq ft

$206

Year built

2005

Annual property taxes

$5,980

Monthly HOA fee

$175

Price History

09/13/2024
Beaches

Beaches #R11020696

Listed
$400,000
+31.23%
10/12/2021
Beaches

Beaches #R10741773

Sold
$304,800
+43.77%
04/29/2018
Beaches

Beaches #R10380038

Sold
$212,000
+49.96%

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

$96,993
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$271,007
Cash to seller
$96,993

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

$271,007

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: Active

Tomo last checked: 09/19/2024 at 12:15 PM

Listing updated: 09/16/2024 at 10:56 AM

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

MLS: Beaches #R11020696

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