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$119,900

Beds
2
Baths
1.0
sq ft
815

149 Cambridge Ln, Melbourne, FL 32935

149 Cambridge Ln

Melbourne, FL 32935

  • Pending
    • Price drop $5,100↓
Huge price reduction for this ground-floor 2 bedroom condominium in the heart of Melbourne. Unit offers a spacious, open floor plan with tiled flooring throughout. Amenities include on-site laundry, pool, clubhouse, tennis courts, basketball courts, a playground and RV/Boat storage. Your monthly fees cover basic cable, water, and sewer. Located across from the Harbor City Municipal Golf Course and a variety of shopping and dining options and easy access to I-95.

Details

Property type

Condominium

Est. home value

$135,827

Lot size

2,614 sq ft

Price per sq ft

$148

Year built

1977

Annual property taxes

$866.99

Monthly HOA fee

$305

Price History

09/17/2024
BrevardMLS

BrevardMLS #1020210

Pending
$119,900
09/13/2024
BrevardMLS

BrevardMLS #1020210

Price change
$119,900
-4.08%
09/04/2024
BrevardMLS

BrevardMLS #1020210

Price change
$125,000
-10.71%

Schools & Community

Elementary school: 

Croton

Middle school: 

Johnson

High school: 

Eau Gallie

Community features: 

Pool

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

$36,722
Asking price
$119,900
Closing costs (~8% of asking)
-$9,592
Est. remaining loan balance
-$73,586
Cash to seller
$36,722

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

August 2021

Original loan amount

$78,750

Est. remaining balance

$73,586

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Brooklyn Jo Montoyo and Jessica Jo Coots

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: Pending/Under Contract

Tomo last checked: 09/19/2024 at 11:40 AM

Listing updated: 09/17/2024 at 12:10 PM

Listed by: Teresa Flamm, Flamm Real Estate LLC Phone #: (321) 863-8498

MLS: BrevardMLS #1020210

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