tomo logo

$399,999

Beds
5
Baths
2.0
sq ft
1,638

2395 Colony Dr, Melbourne, FL 32935

2395 Colony Dr

Melbourne, FL 32935

  • 112 days on market
    • Price drop $4,001↓
Explore this beautifully maintained 5-bedroom pool home with numerous upgrades! Its situated on a large corner lot and features a privacy-fenced yard with extra parking or a designated boat/RV pad. The house includes a formal living room, dining room, and a kitchen that overlooks the screened pool area, making it ideal for hosting gatherings. Inside, you'll find a freshly painted interior, an updated master bath, an upgraded laundry room with counter space, shelves, and a built-in custom pantry. The garage has been converted into a 5th additional bedroom, but can be converted back, offering endless customization possibilities. Additionally, this property boasts 3 storage sheds, a workbench, and a window A/C unit. Outside, you can unwind in the screened patio, enjoy the pool, & appreciate the spacious backyard enclosed by a privacy fence. This oasis is conveniently located in the heart of Melbourne, close to I-95, downtown, the beaches, and shopping. New Metal roof/solar panels in '23

Details

Property type

Single Family Residence

Est. home value

$318,189

Lot size

8,276 sq ft

Price per sq ft

$245

Year built

1969

Annual property taxes

$5,447.54

Price History

11/25/2024
BrevardMLS

BrevardMLS #1024048

Price change
$399,999
-0.99%
10/15/2024
BrevardMLS

BrevardMLS #1024048

Price change
$404,000
-0.98%
09/05/2024
BrevardMLS

BrevardMLS #1024048

Listed
$408,000
+109.23%

Schools & Community

Elementary school: 

Croton

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

$197,925
Asking price
$399,999
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$170,074
Cash to seller
$197,925

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

October 2018

Original loan amount

$191,468

Est. remaining balance

$170,074

Interest rate

4.52%

Loan type

FHA, 30 year

Seller

Michael Willis and Sandra Willis

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: 12/25/2024 at 9:10 PM

Listing updated: 12/06/2024 at 12:00 PM

Listed by: Julie Henderson, Pristine Property Group, LLC Phone #: (321) 423-0020

MLS: BrevardMLS #1024048

BrevardMLS logo

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