tomo logo

$550,000

Beds
4
Baths
2.0
sq ft
1,912

585 Grace St, Sebastian, FL 32958

585 Grace St

Sebastian, FL 32958

  • 26 days on market
Concrete block home built in 2020 with no HOA + saltwater pool/spa! Solar panels for the benefit of low monthly electric bill (approx $75)! New 15,000-watt generator, whole home water softener, 2020 AC, roof, and water heater. Gourmet kitchen with stainless steel appliances, granite counters, large eat-in island, and serving bar with additional storage. 10x12 detached shed with electric and AC capability. Fully fenced backyard with irrigation + outdoor entertaining space with screened lanai, pool and dining area. Room for RV or boat + 2 car garage. 10 mins to Publix, 20 minutes to the beach!

Details

Property type

Single Family Residence

Est. home value

$429,459

Lot size

0.23 acres

Price per sq ft

$288

Year built

2020

Annual property taxes

$2,645

Price History

02/11/2025
IndianRiver

IndianRiver #285358

Listed
$550,000
+1541.79%
12/20/2019
IndianRiver

IndianRiver #226975

Sold
$33,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$343,387
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$162,613
Cash to seller
$343,387

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

Seller’s Loan History

Lender

Fbc Mortgage Llc

Loan start date

December 2020

Original loan amount

$179,550

Est. remaining balance

$162,613

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Nancy Ellen Heidt and James William Reilly

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: 03/10/2025 at 1:10 AM

Listing updated: 03/03/2025 at 1:57 PM

Listed by: Carly B Witteck, One Sotheby's Int'l Realty Phone #: (772) 492-1002

MLS: IndianRiver #285358

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