tomo logo

$495,000

Beds
3
Baths
2.0
sq ft
1,864

160 Palm Cir, Melbourne, FL 32940

160 Palm Cir

Melbourne, FL 32940

  • 58 days on market
    • Price drop $5,000↓
This stunning 3 bedroom, 2 bathroom, single-family home offers the perfect blend of luxury and comfort in a tranquil neighborhood just minutes away from Patrick Space Force Base. The kitchen features a modern granite countertop with ample space for cooking and entertaining. Enjoy the added appeal of a relaxing hot tub and a spacious pool in the backyard, offering the ideal setting for outdoor leisure. Take delight in a peaceful and private oasis for residents with waterfront views. Located within the sought after Satellite school district, families can take advantage of top-rated educational opportunities for children. This home has it all! Don't miss out on the chance to make this your dream home in a prime location!

Details

Property type

Single Family Residence

Est. home value

$472,044

Property condition

Updated/Remodeled

Lot size

0.31 acres

Price per sq ft

$266

Year built

1994

Annual property taxes

$4,397.42

Monthly HOA fee

$33.33

Price History

03/06/2025
BrevardMLS

BrevardMLS #1036037

Price change
$495,000
-1%
02/01/2025
BrevardMLS

BrevardMLS #1036037

Listed
$500,000
01/01/2025
BrevardMLS

BrevardMLS #1014134

Removed
$500,000

Schools & Community

Elementary school: 

Creel

Middle school: 

DeLaura

High school: 

Satellite

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

$92,098
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$363,302
Cash to seller
$92,098

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

Seller’s Loan History

Lender

Wolfe Financial Inc

Loan start date

January 2022

Original loan amount

$389,500

Est. remaining balance

$363,302

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Jared L Faurot and Derrick K Cox

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: 03/31/2025 at 5:50 PM

Listing updated: 03/10/2025 at 3:10 AM

Listed by: Travis D. Jones, EXP Realty, LLC Phone #: (888) 883-8509

MLS: BrevardMLS #1036037

BrevardMLS logo

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