tomo logo

$355,000

Beds
4
Baths
2.0
sq ft
1,395

1256 Sun Cir W, Melbourne, FL 32935

1256 Sun Cir W

Melbourne, FL 32935

  • 113 days on market
    • Price drop $20,000↓
Located in a desirable neighborhood off Eau Gallie Blvd, this move-in ready 4-bedroom, 2-bathroom home with a 1-car garage and shed sits on a spacious 0.29-acre lot. The property offers ample parking for extra cars, TWO RV Class A parking ramps, One installed, One potential, and a boat, providing plenty of room for all your toys as well as yard space for entertaining. Included are an updated Wi-Fi thermostat, pinpad locks, mounted smart TVs, and more. This property currently cash flows as a successful rental. Situated in a no-HOA community, you're just minutes from the Eau Gallie Arts District, beaches, and upscale dining at places like Frigates and Pineapples. With easy access to airports, the Space Center, Cocoa Beach, and Disney World, this home perfectly combines space, convenience, and investment potential.

Details

Property type

Single Family Residence

Est. home value

$356,021

Lot size

0.29 acres

Price per sq ft

$255

Year built

1955

Annual property taxes

$5,438.76

Price History

09/14/2024
BrevardMLS

BrevardMLS #1023826

Price change
$355,000
-5.33%
09/03/2024
BrevardMLS

BrevardMLS #1023826

Listed
$375,000
+17.92%
01/18/2022
BrevardMLS

BrevardMLS #921094

Sold
$318,000
+47.98%

Schools & Community

Elementary school: 

Croton

Middle school: 

Johnson

High school: 

Eau Gallie

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

$132,325
Asking price
$355,000
Closing costs (~8% of asking)
-$28,400
Est. remaining loan balance
-$194,275
Cash to seller
$132,325

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

Seller’s Loan History

Lender

Nations Direct Mortgage Llc

Loan start date

January 2022

Original loan amount

$207,030

Est. remaining balance

$194,275

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Stephen Koski

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?

Similar Homes Nearby

Price drop
BrevardMLS
$305,000
4 bd
|
2 ba
|
1,526 sq ft
|
House

2596 Sadler Ln, Melbourne, FL 32935

BrevardMLS
$395,000
4 bd
|
2 ba
|
1,865 sq ft
|
House

2125 Canopy Dr, Melbourne, FL 32935

BrevardMLS
$335,000
4 bd
|
2 ba
|
1,636 sq ft
|
House

1530 Windward Dr, Melbourne, FL 32935

Status: Active

Tomo last checked: 12/25/2024 at 9:15 AM

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

Listed by: David Andai, Compass Florida LLC Phone #: (321) 327-4503

MLS: BrevardMLS #1023826

BrevardMLS logo

Recently listed in Melbourne

$549,000|3 bd|2.0 ba|House
$535,000|3 bd|2.0 ba|House
$309,900|4 bd|2.0 ba|House
$449,900|3 bd|2.0 ba|House
$770,000|4 bd|4.0 ba|House
$385,000|3 bd|2.5 ba|House
$340,000|3 bd|2.0 ba|House