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$845,500

Beds
4
Baths
3.0
sq ft
2,915

1150 Old Parsonage Dr, Merritt Island, FL 32952

1150 Old Parsonage Dr

Merritt Island, FL 32952

  • 47 days on market
    • Price drop $4,500↓
Welcome to your dream home in the highly coveted Georgiana Settlement of Merritt Island! Located on a private corner lot in a picturesque tree-lined subdivision, this 2,915 sq. ft. home sits on nearly half an acre, surrounded by the shade of stately grandfather oaks. Inside, you'll find vaulted ceilings and a beautifully updated open-concept living area, with remodeled kitchen and bathrooms that blend modern design with functional elegance. This 4-bedroom, 3-bathroom residence is designed for both entertaining and comfortable living. Relax by the wood-burning fireplace or step outside to your private, fenced backyard oasis. Here, you'll enjoy a sparkling pool, an expansive upper level sundeck, and ample space for outdoor gatherings. The large yard benefits from a full lawn irrigation system, and a newer roof adds lasting value. The primary suite is a true retreat, featuring an updated en-suite bathroom, three closets with built-in shelving, and a home office/additional room that opens through French doors to the pool deck. Downstairs, an additional bedroom with French doors to a screened porch area can serve as a home office, art studio, or guest room. Upstairs, two additional bedrooms share a Jack-and-Jill bathroom and offer access to a large upper-level sundeck. For those who love the water, the community dock on the Banana River is just a short walk away, perfect for kayaking, fishing, or taking in serene waterfront views. The community also has a picturesque gazebo on a pond. Quiet, convenient location in between the Pineda Causeway and 520. Don't miss the opportunity to own this exceptional home, where luxury and Southern old Florida charm meet in one of Merritt Island's most desirable neighborhoods.

Details

Property type

Single Family Residence

Est. home value

$743,482

Lot size

0.46 acres

Price per sq ft

$291

Year built

1989

Annual property taxes

$5,330.96

Monthly HOA fee

$33.33

Price History

11/16/2024
BrevardMLS

BrevardMLS #1026427

Price change
$845,500
-0.53%
10/03/2024
BrevardMLS

BrevardMLS #1026427

Listed
$850,000
+70%
07/28/2020
BrevardMLS

BrevardMLS #877117

Sold
$500,000
+33.33%

Schools & Community

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

$413,985
Asking price
$845,500
Closing costs (~8% of asking)
-$67,640
Est. remaining loan balance
-$363,875
Cash to seller
$413,985

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

July 2020

Original loan amount

$400,000

Est. remaining balance

$363,875

Interest rate

3.21%

Loan type

New Conventional, 30 year

Seller

Sean Charles Moores and Wendy Lynn York Moores

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 10:10 AM

Listing updated: 11/16/2024 at 5:25 PM

Listed by: Gregory Ellingson, Ellingson Properties Phone #: (321) 750-7050

MLS: BrevardMLS #1026427

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