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$249,990

Beds
4
Baths
2.0
sq ft
1,191

1840 Glenwood Dr, Melbourne, FL 32935

1840 Glenwood Dr

Melbourne, FL 32935

  • 19 days on market
    • Price drop $47,010↓
Charming 4 bedroom 2 bath home in super convenient N Melbourne location. The home has a great backyard for entertaining, has been tastefully updated and is ready for new owners. The neighborhood is just minutes away from the Eau Gallie Arts district and Brevard's best beaches.

Details

Property type

Single Family Residence

Est. home value

$258,659

Lot size

6,970 sq ft

Price per sq ft

$210

Year built

1963

Annual property taxes

$3,498.62

Price History

03/30/2025
BrevardMLS

BrevardMLS #1039684

Price change
$249,990
-15.83%
03/10/2025
BrevardMLS

BrevardMLS #1039684

Listed
$297,000
+80%
03/03/2020
BrevardMLS

BrevardMLS #865634

Sold
$165,000
+46.02%

Schools & Community

Elementary school: 

Creel

Middle school: 

Johnson

High school: 

Eau Gallie

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

$19,359
Asking price
$249,990
Closing costs (~8% of asking)
-$19,999
Est. remaining loan balance
-$210,632
Cash to seller
$19,359

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

December 2022

Original loan amount

$215,710

Est. remaining balance

$210,632

Interest rate

7.08%

Loan type

FHA, 30 year

Seller

Chloe Rose Farmer

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?

Status: Active

Tomo last checked: 03/30/2025 at 2:15 PM

Listing updated: 03/30/2025 at 12:40 AM

Listed by: Mark E Fontaine, Red 275 Phone #: (321) 960-0190

MLS: BrevardMLS #1039684

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