tomo logo

$525,000

Beds
3
Baths
3.0
sq ft
2,003

1016 Newfound Harbor Dr, Merritt Island, FL 32952

1016 Newfound Harbor Dr

Merritt Island, FL 32952

  • <1 day on market
This 3 bedroom, 3 bath pool homes was partially remodeled less than 4 years ago. New tile with exception of 2 bathrooms, kitchen countertops were resurfaced, a 3rd full bath was added, electric heater added to pool, owner also installed a whole house generator! The interior rooms were redesigned to accommodate owners aging parents. This in-law area has its own bedroom, sitting area complete with Ikea kitchenette and full bathroom with private access to back yard. The main living area of the home has high ceilings with plant shelves giving an open and airy feeling. Living room is open to kitchen area and has a cozy fireplace. Inground pool is screened in and has a tranquil waterfall feature. Owner also added an electric heater so the pool can be enjoyed year round! The property is approximately a 1/3 acre and the back yard is fenced. You will be impressed with the possibilities. Come take a look today!

Details

Property type

Single Family Residence

Est. home value

$507,725

Lot size

0.3 acres

Price per sq ft

$263

Year built

1993

Annual property taxes

$2,870.97

Price History

03/13/2025
BrevardMLS

BrevardMLS #1040013

Listed
$525,000
+28.05%
06/30/2021
BrevardMLS

BrevardMLS #904575

Sold
$410,000

Schools & Community

Neighborhood: 

Angel City

Elementary school: 

Tropical

Middle school: 

Jefferson

High school: 

Merritt Island

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

$156,558
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$326,442
Cash to seller
$156,558

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

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

June 2021

Original loan amount

$355,000

Est. remaining balance

$326,442

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Kimberly S Wagar and Janet M Barchuk

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: 03/14/2025 at 11:45 AM

Listing updated: 03/14/2025 at 7:05 AM

Listed by: Cheryl L Grieb, Olde Kissimmee Realty, Inc. Phone #: (407) 944-4822

MLS: BrevardMLS #1040013

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