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$315,000

Beds
3
Baths
1.0
sq ft
1,394

240 Spruce Ave, Merritt Island, FL 32953

240 Spruce Ave

Merritt Island, FL 32953

  • 108 days on market
    • Price drop $10,000↓
Beautiful RENOVATED ranch style 3 Bedroom 1 Bath home in desirable Carlton Groves area of Merritt Island. Wood look tile flooring throughout. Ranch plan with all rooms having garden views. Bathroom with glass walk in shower. Kitchen with granite counter tops & full appliance package including a Family Hub 3 Door Samsung Refrigerator. Kitchen has an access door to the laundry room & garage making unloading groceries a breeze. HUGE enclosed patio provides extra living space. Park like backyard with tropical trees, paver patio, shed, & fire pit area. NEW PLUMBING throughout home, AC 2021. 2022 vinyl fence. You can see rocket launches from the yard! Ideal location with access to nearby restaurants, shops, river parks, Port Canaveral, & Beaches. Easy commute to Orlando & theme parks. Come experience the island lifestyle!

Details

Property type

Single Family Residence

Est. home value

$348,086

Property condition

Updated/Remodeled

Lot size

7,841 sq ft

Price per sq ft

$226

Year built

1962

Annual property taxes

$3,728.57

Price History

12/03/2024
BrevardMLS

BrevardMLS #1023980

Price change
$315,000
-3.08%
11/10/2024
BrevardMLS

BrevardMLS #1023980

Price change
$325,000
-2.99%
10/20/2024
BrevardMLS

BrevardMLS #1023980

Price change
$335,000
-2.9%

Schools & Community

Elementary school: 

Mila

Middle school: 

Jefferson

High school: 

Merritt Island

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

$38,037
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$251,763
Cash to seller
$38,037

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

September 2022

Original loan amount

$260,000

Est. remaining balance

$251,763

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Andrew J Clark and Michelle Clark

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: 12/22/2024 at 11:45 AM

Listing updated: 12/03/2024 at 12:10 PM

Listed by: Brianne L Mahony, Blue Marlin Real Estate Phone #: (321) 877-2902

MLS: BrevardMLS #1023980

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