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$500,000

Beds
4
Baths
2.5
sq ft
2,094

1070 Shady Ln, Merritt Island, FL 32952

1070 Shady Ln

Merritt Island, FL 32952

  • 67 days on market
    • Price drop $15,000↓
25K PRICE IMPROVEMENT! BUYER BACKED OUT PRE-INSPECTION! Welcome to Shady Lane, where majestic oak trees and cascading Spanish moss set the scene for this picturesque home full of character and charm. Located in the highly sought-after south Merritt Island area and just moments from the scenic Indian River, this home seamlessly blends timeless appeal with modern upgrades. Features include granite countertops, stylish bathrooms, and sleek vinyl flooring. The practical floor plan offers a bright, spacious kitchen, two living areas, a cozy fireplace, formal dining room, laundry, and a convenient half bath on the main floor, with all bedrooms upstairs. Step outside to a large porch overlooking the expansive .34-acre lot, ideal for outdoor activities or a future pool. Major updates include a 2022 roof, 2023 AC, 2019 water heater, and 2019 septic system that has been recently pumped and inspected. No cast iron plumbing! Termite bond transfers at no cost. Schedule your showing!

Details

Property type

Single Family Residence

Est. home value

$533,706

Property condition

Updated/Remodeled

Lot size

0.34 acres

Price per sq ft

$239

Year built

1979

Annual property taxes

$3,803.97

Price History

11/08/2024
BrevardMLS

BrevardMLS #1024709

Listed
$500,000
10/31/2024
BrevardMLS

BrevardMLS #1024709

Pending
$500,000
10/29/2024
BrevardMLS

BrevardMLS #1024709

Price change
$500,000
-2.91%

Schools & Community

Elementary school: 

Tropical

Middle school: 

Jefferson

High school: 

Merritt Island

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Community Cu Of Florida

Loan start date

December 2022

Original loan amount

$60,000

Est. remaining balance

Not provided

Interest rate

6.36%

Loan type

Stand Alone Second, 15 year

Seller

Jose Muzaurieta Jr and Amanda Muzaurieta

Lender

Caliber Home Loans Inc

Loan start date

January 2021

Original loan amount

$366,677

Est. remaining balance

$334,717

Interest rate

2.72%

Loan type

VA, 30 year

Seller

Jose Muzaurieta Jr and Amanda Muzaurieta

Lender

The Mortgage Firm Inc

Loan start date

October 2019

Original loan amount

$362,632

Est. remaining balance

$325,605

Interest rate

3.56%

Loan type

VA, 30 year

Seller

Jose Muzaurieta Jr and Amanda Muzaurieta

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: 11/19/2024 at 10:40 AM

Listing updated: 11/13/2024 at 12:23 AM

Listed by: Nicole Brickner, Denovo Realty Phone #: (321) 237-1887

MLS: BrevardMLS #1024709

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