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$290,000

Beds
3
Baths
2.0
sq ft
1,376

8265 W 98th Ave, Vero Beach, FL 32967

8265 W 98th Ave

Vero Beach, FL 32967

  • 259 days on market
    • Price drop $59,000↓
Home located in the sought out neighborhood of Vero Lake Estates. This 3/2 split floorplan home has had the AC, Water Heater, and Well all replaced in 2023. Close to beaches, dining, shopping and so much more. With tenants already in place, this home may continue to act as an income producing property or can be transformed with some TLC into a home for you and your family. The possibilities are endless! Don't miss out on this opportunity.

Details

Property type

Single Family Residence

Est. home value

$292,144

Lot size

Unknown

Price per sq ft

$211

Year built

2005

Annual property taxes

$2,807

Price History

05/06/2024
Beaches

Beaches #R10965281

Price change
$290,000
-16.91%
02/29/2024
Beaches

Beaches #R10965281

Listed
$349,000
+80.83%
11/17/2020
IndianRiver

IndianRiver #236284

Sold
$193,000
+21.38%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$126,100
Asking price
$290,000
Closing costs (~8% of asking)
-$23,200
Est. remaining loan balance
-$140,700
Cash to seller
$126,100

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

Seller’s Loan History

Lender

Republic Bank & Trust Co

Loan start date

November 2020

Original loan amount

$154,400

Est. remaining balance

$140,700

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Waseem Abbas Sr and Homaira Altaf Hussain

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: 11/13/2024 at 10:30 PM

Listing updated: 09/30/2024 at 4:59 PM

Listed by: Kacey Smith, LPT Realty Phone #: (877) 366-2213

MLS: Beaches #R10965281

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