tomo logo

$475,000

Beds
3
Baths
2.5
sq ft
2,410

1260 Meadowbrook Rd NE, Palm Bay, FL 32905

1260 Meadowbrook Rd NE

Palm Bay, FL 32905

  • 179 days on market
    • Price drop $49,000↓
A magnificent 3-bedroom, 2.5-bathroom house is up for sale in Palm Bay, boasting a new roof and modern amenities that guarantee a comfortable living experience. This gem features a spacious kitchen with stunning granite countertops and top-of-the-line appliances. The house is adorned with Brazilian cherry hardwood floors and comes complete with an office and a flex room for added flexibility. Surrounded by beautiful mature oak trees and situated in a serene environment with no HOA, this property provides a tranquil retreat for you and your family. Enjoy the Florida weather on the large 35x12 screened porch with vinyl windows, or gather around the backyard fire pit for cozy evenings under the stars. Don't miss out on the opportunity to own this exceptional home, a true hidden gem in Palm Bay.

Details

Property type

Single Family Residence

Est. home value

$430,225

Lot size

0.28 acres

Price per sq ft

$198

Year built

1993

Annual property taxes

$4,261.78

Price History

09/30/2024
BrevardMLS

BrevardMLS #1018258

Price change
$475,000
-9.35%
06/29/2024
BrevardMLS

BrevardMLS #1018258

Listed
$524,000
+63.75%
11/30/2020
BrevardMLS

BrevardMLS #887821

Sold
$320,000

Schools & Community

Elementary school: 

Riviera

Middle school: 

Stone

High school: 

Palm Bay

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

$240,710
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$196,290
Cash to seller
$240,710

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

November 2020

Original loan amount

$256,000

Est. remaining balance

$196,290

Interest rate

2.35%

Loan type

New Conventional, 15 year

Seller

Norma J Kemp

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: 12/25/2024 at 9:50 AM

Listing updated: 12/20/2024 at 10:55 AM

Listed by: Beverly Hannan, J.R. Hannan Realty Inc. Phone #: (321) 723-2707

MLS: BrevardMLS #1018258

BrevardMLS logo

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