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$290,000

Beds
3
Baths
1.0
sq ft
984

107 1st St, Merritt Island, FL 32953

107 1st St

Merritt Island, FL 32953

  • <1 day on market
Charming home in Central Merritt Island. Conveniently located near restaurants and only 10 minutes from the beaches. Owners have maintained the home very well. All appliances are included. Above ground pool and back porch. Spacious lot with fenced backyard. Plenty of room to park your boat with extended driveway. This home is ready for the new owners to enjoy the beach lifestyle. Less than 25 minutes from the Kennedy Space Center.

Details

Property type

Single Family Residence

Est. home value

$270,661

Property condition

Updated/Remodeled

Lot size

7,405.2 sq ft

Price per sq ft

$295

Year built

1959

Annual property taxes

$2,320.56

Price History

02/22/2025
BrevardMLS

BrevardMLS #1038027

Listed
$290,000
+34.88%
08/27/2021
BrevardMLS

BrevardMLS #910601

Sold
$215,000

Schools & Community

Elementary school: 

Mila

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

$87,840
Asking price
$290,000
Closing costs (~8% of asking)
-$23,200
Est. remaining loan balance
-$178,960
Cash to seller
$87,840

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

Seller’s Loan History

Lender

Shelter Mortgage Company Llc

Loan start date

August 2021

Original loan amount

$193,500

Est. remaining balance

$178,960

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Elizabeth Loaiza Quintero and German A Canas

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: 02/22/2025 at 12:35 PM

Listing updated: 02/22/2025 at 8:50 AM

Listed by: Lydia Lopez, RE/MAX Elite Phone #: (321) 752-5858

MLS: BrevardMLS #1038027

BrevardMLS logo

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