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$815,000

Beds
5
Baths
4.0
sq ft
2,856

6922 Babcock St SE, Palm Bay, FL 32909

6922 Babcock St SE

Palm Bay, FL 32909

  • 582 days on market
Magnificent pool home on 1.76 acres. Enjoy paradise in your private pool and outdoor tiki bar with firepit and outdoor half bath. Separate dwelling unit/ 2bed1bath/ apartment/mother-in-law. Both buildings have been remodeled with updated flooring, fixtures, cabinets, kitchens and baths. Covered RV with hookups. Monitored security system. This property is income producing with tenants in place. Zoned General Commercial. Current use residential. Solar panels are leased and lease will go to new buyers. 10x16 shed does not convey.

Details

Property type

Single Family Residence

Est. home value

$773,785

Lot size

1.76 acres

Price per sq ft

$286

Year built

1972

Annual property taxes

$1,921.99

Price History

03/01/2024
BrevardMLS

BrevardMLS #965667

Price change
$815,000
+2%
05/22/2023
BrevardMLS

BrevardMLS #965667

Listed
$799,000

Schools & Community

Elementary school: 

Columbia

Middle school: 

Stone

High school: 

Bayside

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

$606,369
Asking price
$815,000
Closing costs (~8% of asking)
-$65,200
Est. remaining loan balance
-$143,431
Cash to seller
$606,369

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

Seller’s Loan History

Lender

Plaza Home Mortgage Inc

Loan start date

May 2022

Original loan amount

$150,000

Est. remaining balance

$143,431

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Misty L Youtzy

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: 12/24/2024 at 12:40 PM

Listing updated: 11/12/2024 at 6:30 PM

Listed by: Teresa Flamm, Flamm Real Estate LLC Phone #: (321) 863-8498

MLS: BrevardMLS #965667

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