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$314,900

Beds
3
Baths
1.0
sq ft
1,008

111 1st St, Merritt Island, FL 32953

111 1st St

Merritt Island, FL 32953

  • 28 days on market
    • Price drop $10,000↓
PRICE REDUCED! MOTIVATED SELLER! This 3 bedroom 1 bathroom house is bursting with upgrades and ready for you to call it home! NEW roof, NEW electrical panel, ALL NEW plumbing (sewer & water lines) & NEW water heater...absolutely NO cast iron! NEW vinyl flooring throughout entire home, fully renovated bathroom with NEW vanity, tile & Wi-Fi speaker/fan! Your kitchen is a DREAM! NEW soft close cabinets, crystal chandelier & lighting, stainless steel LG appliances, NEW elegant quartz counter tops & large island fully powered w/USB charging ports. Looking for more upgrades? How about LED Lighting, ceiling fans, fresh paint/texture & brand NEW 5 and 6 panel doors throughout the home! If you enjoy the outdoors you'll love the large screened in front porch & the newly pavered back patio, back yard is fully fenced & PRIVATE! Walk sidewalk lined streets to back of the subdivision & you have a beautiful water front park, Watts Park- playground, kayak launch/fishing, tennis & basketball courts!

Details

Property type

Single Family Residence

Est. home value

$259,876

Lot size

7,405 sq ft

Price per sq ft

$313

Year built

1959

Annual property taxes

$3,222.71

Price History

06/19/2024
BrevardMLS

BrevardMLS #1016318

Price change
$314,900
-3.08%
06/08/2024
BrevardMLS

BrevardMLS #1016318

Listed
$324,900
+35.38%
04/18/2022
BrevardMLS

BrevardMLS #927779

Sold
$240,000
+60.21%

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

$164,994
Asking price
$314,900
Closing costs (~8% of asking)
-$25,192
Est. remaining loan balance
-$124,714
Cash to seller
$164,994

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

April 2022

Original loan amount

$130,000

Est. remaining balance

$124,714

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

Kimberley Ann Lawson Tucker

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: 07/05/2024 at 8:55 PM

Listing updated: 07/05/2024 at 11:03 AM

Listed by: Jill Avery, LoKation Phone #: (954) 545-5583

MLS: BrevardMLS #1016318

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