tomo logo

$639,995

Beds
3
Baths
2.0
sq ft
2,334

1020 Inverness Ave, Melbourne, FL 32940

1020 Inverness Ave

Melbourne, FL 32940

  • 13 days on market
Beautifully updated 3-bedroom, 2-bathroom home boasts 2,334 square feet of living space and is situated on an oversized lot with lush landscaping, a manicured lawn, and a unique stone accent wall. Step inside to discover an inviting layout designed for both entertaining and everyday living. Two triple sliders open to a stunning pool and screened patio area, creating the ultimate indoor-outdoor living experience. The spacious, updated kitchen with lots of cabinetry, ample quartz countertops, and a breakfast bar that flows into the nook and family room. Retreat to the private master suite, complete with pool access, a large walk-in closet, a walk-in shower, a soaking tub, and double sinks. The additional bedrooms include an office or optional 3rd bedroom with pocket doors connecting to the living room. Extra privacy with an unbuildable lot next door. Take advantage of the nearby sidewalks for biking or walking to the park. See the 360 Degree Tour in the photo section.

Details

Property type

Single Family Residence

Est. home value

$581,580

Lot size

0.38 acres

Price per sq ft

$275

Year built

1984

Annual property taxes

$5,517.74

Monthly HOA fee

$20.42

Price History

12/12/2024
BrevardMLS

BrevardMLS #1031691

Listed
$639,995
+50.59%
04/30/2021
BrevardMLS

BrevardMLS #897576

Sold
$425,000

Schools & Community

Elementary school: 

Suntree

Middle school: 

DeLaura

High school: 

Viera

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

$294,238
Asking price
$639,995
Closing costs (~8% of asking)
-$51,200
Est. remaining loan balance
-$294,557
Cash to seller
$294,238

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

April 2021

Original loan amount

$319,200

Est. remaining balance

$294,557

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Oscar A Molina and Claudia P Molina

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: 12/22/2024 at 5:40 AM

Listing updated: 12/12/2024 at 8:45 AM

Listed by: Matthew R Stebbins, Dalton Wade, Inc. Phone #: (888) 688-8283

MLS: BrevardMLS #1031691

BrevardMLS logo

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