tomo logo

$199,000

Beds
4
Baths
2.0
sq ft
1,974

1265 Pinewood Dr, Melbourne, FL 32935

1265 Pinewood Dr

MELBOURNE, FL 32935

  • 23 days on market
CASH ONLY due to condition. Not Financeable. This is a spacious 4 bedroom, 2 bath home which sits on a large corner lot and is centrally located! It has nearly 2,000 sq ft of living space and needs some TLC but has solid bones. It's just a short drive to the beaches and to the interstate! There's plenty of extra living space, including a spacious family room, utility room, and space off of both the kitchen and master bedroom for a home office. The roof is new and the windows have been replaced with impact windows. The interior will need a full renovation including drywall, flooring, kitchen, and 2 baths. Vacant and on lockbox so drive by as it will not last! NO WHOLESALERS, zero inspection on contracts, seller title/closing agent. Preference given to those that meet all terms and can close quick. Title and lien are clear and ready to go.

Details

Property type

Single Family Residence

Est. home value

$284,931

Lot size

0.24 acres

Price per sq ft

$101

Year built

1958

Annual property taxes

$5,492.79

HOA

No

Price History

11/19/2024
StellarMLS

StellarMLS #V4939173

Listed
$199,000
11/08/2024
StellarMLS

StellarMLS #V4939173

Pending
$199,000
10/31/2024
StellarMLS

StellarMLS #V4939173

Listed
$199,000
+32.67%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$61,710
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$121,370
Cash to seller
$61,710

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

March 2018

Original loan amount

$139,680

Est. remaining balance

$121,370

Interest rate

4.04%

Loan type

New Conventional, 30 year

Seller

Jeanette Antione

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: 11/23/2024 at 6:40 AM

Listing updated: 11/19/2024 at 2:54 PM

Listed by: Petru Pusta, KARIZA CAPITAL REALTY, LLC Phone #: (786) 753-8500

MLS: StellarMLS #V4939173

StellarMLS logo

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