tomo logo

$244,900

Beds
2
Baths
2.0
sq ft
1,400

830 Lake Orchid Cir Unit 207, Vero Beach, FL 32962

830 Lake Orchid Cir Unit 207

Vero Beach, FL 32962

  • 93 days on market
    • Price drop $14,100↓
Beautifully renovated condominium, updated kitchen, including top of the line cabinets, granite countertops, all GE Profile Appliances and tile backsplash. Granite & Tile in both full baths. Vaulted Ceilings in Living Area. Full window treatments with valances included. Crown molding throughout. Porch enclosed and under air. Gorgeous lake view with fountain. Owner is offering Seller financing of $175,000, 6% interest only, with a 3 year balloon payment.

Details

Property type

Condominium

Est. home value

$287,818

Lot size

Unknown

Price per sq ft

$175

Year built

1989

Annual property taxes

$423

HOA fee

$534

Price History

11/18/2024
IndianRiver

IndianRiver #282579

Price change
$244,900
-5.44%
11/02/2024
IndianRiver

IndianRiver #282579

Listed
$259,000
-12.2%
02/01/2024
Beaches

Beaches #R10912814

Removed
$295,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Tennis Court(s)

High school district: 

Indian River County Schools

Senior community center: 

Yes

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

$194,581
Asking price
$244,900
Closing costs (~8% of asking)
-$19,592
Est. remaining loan balance
-$30,727
Cash to seller
$194,581

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

Seller’s Loan History

Lender

Space Coast Cu

Loan start date

June 2014

Original loan amount

$88,100

Est. remaining balance

$30,727

Interest rate

3.39%

Loan type

New Conventional, 15 year

Seller

James A Peterson and Linda J Peterson

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: 02/02/2025 at 7:50 PM

Listing updated: 01/27/2025 at 1:20 AM

Listed by: Robert H Menasian, Beneduce Realty Inc Phone #: (772) 564-6100

MLS: IndianRiver #282579

IndianRiver logo

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