tomo logo

$350,000

Beds
3
Baths
2.0
sq ft
1,262

1509 Hedrick Dr, Melbourne, FL 32901

1509 Hedrick Dr

Melbourne, FL 32901

  • 68 days on market
    • Price drop $29,500↓
MOTIVATED OWNERS! Welcome to your own slice of paradise.. This beautifully upgraded home offers the perfect blend of modern convenience and tropical retreat. Step into the backyard oasis—your private escape featuring two stunning tiki huts, including one with a built-in grill and pizza oven. The newly installed pavers and pet-friendly turf create the ultimate space for entertaining or relaxing poolside. Additional features include a fire pit and outdoor shower, while the sparkling pool is complemented by a new filtration system, ensuring years of enjoyment. Inside, the home features wood laminate and tile flooring throughout and an updated kitchen with granite countertops and new refrigerator, microwave, and dishwasher. HVAC (2022) and water lines (2024) have been recently replaced. The home is topped with an energy-efficient metal roof, adding durability and long-term savings. Minutes from shopping, dining, & more! This could be an awesome investment as a short or long term rental!

Details

Property type

Single Family Residence

Est. home value

$337,858

Property condition

Updated/Remodeled

Lot size

8,276 sq ft

Price per sq ft

$278

Year built

1957

Annual property taxes

$2,616.48

Price History

02/01/2025
BrevardMLS

BrevardMLS #1030718

Price change
$350,000
-7.77%
01/20/2025
BrevardMLS

BrevardMLS #1030718

Price change
$379,500
-1.43%
01/11/2025
BrevardMLS

BrevardMLS #1030718

Price change
$385,000
-5.41%

Schools & Community

Elementary school: 

University Park

Middle school: 

Stone

High school: 

Melbourne

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

$97,421
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$224,579
Cash to seller
$97,421

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

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

December 2020

Original loan amount

$247,350

Est. remaining balance

$224,579

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Brittany N Jumper

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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2716 Madrigal Ln, Melbourne, FL 32904

Status: Active

Tomo last checked: 02/03/2025 at 4:55 PM

Listing updated: 02/02/2025 at 3:30 PM

Listed by: Amy Lucas, Keller Williams Realty Brevard Phone #: (321) 259-1170

MLS: BrevardMLS #1030718

BrevardMLS logo

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