tomo logo

$616,600

Beds
4
Baths
2.5
sq ft
1,820

1385 W Central Ave, Merritt Island, FL 32952

1385 W Central Ave

Merritt Island, FL 32952

  • 148 days on market
    • Price drop $23,390↓
Buyers agent bonus 2k. Reasonable offers will not be refused! The solar system is not a lease, its paid in full. This property will provide a $53 electric bill for many years to come. Located at 1385 W Central Ave, Merritt Island, FL, this waterfront property offers enchanting views of a serene canal, often frequented by playful dolphins and graceful manatees. Embrace the tranquility of the water's edge as you take in the mesmerizing sights right from your own backyard. Step inside to discover a beautifully upgraded home featuring a state-of-the-art solar panel system, ensuring energy efficiency and cost savings. The property boasts a new air conditioning system, water heater, and roof, as well as impact windows that are designed to withstand the elements while offering peace of mind. The interior of the home showcases elegant hardwood floors and fresh, modern paint, creating a welcoming and contemporary atmos

Details

Property type

Single Family Residence

Est. home value

$544,399

Property condition

Updated/Remodeled

Lot size

9,148 sq ft

Price per sq ft

$339

Year built

1967

Annual property taxes

$3,826.46

Price History

07/03/2024
BrevardMLS

BrevardMLS #1004589

Price change
$616,600
-3.65%
05/28/2024
BrevardMLS

BrevardMLS #1004589

Price change
$639,990
-0.78%
05/09/2024
BrevardMLS

BrevardMLS #1004589

Price change
$644,990
-0.77%

Schools & Community

Elementary school: 

Audubon

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

$271,157
Asking price
$616,600
Closing costs (~8% of asking)
-$49,328
Est. remaining loan balance
-$296,115
Cash to seller
$271,157

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

April 2021

Original loan amount

$319,500

Est. remaining balance

$296,115

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

William S Hamrick and Kristen W Hamrick

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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1500 W Central Ave, Merritt Island, FL 32952

Status: Active

Tomo last checked: 07/05/2024 at 9:45 PM

Listing updated: 07/03/2024 at 9:03 AM

Listed by: Matthew F. Carr, LaRocque & Co., Realtors Phone #: (321) 631-3715

MLS: BrevardMLS #1004589

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