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$492,000

Beds
4
Baths
3.0
sq ft
2,558

2300 Summer Brook St, Melbourne, FL 32940

2300 Summer Brook St

Melbourne, FL 32940

  • 7 days on market
UNREAL OPPORTUNITY to purchase a property well below market value! Similar homes in this subdivision are going for close to $600k! The only ''real'' work this home needs is a new roof, the rest would be cosmetic. The owner has already received estimates for roof and for a complete renovation. We have been instructed to list it at this crazy low price for a quick sale. If we don't have a contract in 30 days, the owner will complete the renovations and re-list at upward of $600k. Identical pool home model in neighborhood listed at $598k and is already under contract. This is NO JOKE! Great investment for a fix and flip or amazing opportunity for a family to enter this neighborhood at a price point that otherwise would be impossible to find. Home is very well kept and aside from roof is absolutely move in ready. Original owner, used sparingly over the years as mostly a vacation home. Act quickly!

Details

Property type

Single Family Residence

Est. home value

$580,939

Lot size

9,583 sq ft

Price per sq ft

$193

Year built

1998

Monthly HOA fee

$27.5

Price History

11/16/2024
BrevardMLS

BrevardMLS #1029886

Listed
$492,000
-8.04%
05/22/2024
BrevardMLS

BrevardMLS #1011225

Removed
$535,000
05/02/2024
BrevardMLS

BrevardMLS #1011225

Price change
$535,000
-6.96%

Schools & Community

Elementary school: 

Sherwood

Middle school: 

DeLaura

High school: 

Satellite

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Greenpoint Mtg Corp

Loan start date

December 1998

Original loan amount

$103,600

Est. remaining balance

Not provided

Interest rate

6.93%

Loan type

Not Provided

Seller

Alexander M Burns and Valerie A Burns

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: 11/23/2024 at 7:50 AM

Listing updated: 11/17/2024 at 7:05 AM

Listed by: Ariel Portunato, SpaceTown Property Solutions Phone #: (321) 312-0776

MLS: BrevardMLS #1029886

BrevardMLS logo

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