tomo logo

$325,000

Beds
3
Baths
2.0
sq ft
1,941

2400 Cottonwood Ave, Melbourne, FL 32904

2400 Cottonwood Ave

Melbourne, FL 32904

  • 133 days on market
AWESOME OPPORTUNITY for Serene June Park! This LARGE 3 bedroom 2 bath is priced to sell! Needs TLC, but you will have instant equity! Formal living and dining and family room, HUGE eat in kitchen, AMAZING master suite, garden tub, plantation shutters, large laundry room, plus room for a pool, over sized garage, screen porch, fenced yard. STORM SHUTTERS

Details

Property type

Single Family Residence

Est. home value

$386,850

Property condition

Fixer

Lot size

0.25 acres

Price per sq ft

$168

Year built

1989

Annual property taxes

$4,043.3

Price History

09/23/2024
BrevardMLS

BrevardMLS #1014999

Listed
$325,000
09/16/2024
BrevardMLS

BrevardMLS #1014999

Pending
$325,000
09/12/2024
StellarMLS

StellarMLS #O6208959

Removed
$325,000

Schools & Community

Elementary school: 

Meadowlane

Middle school: 

Central

High school: 

Melbourne

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

$232,371
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$66,629
Cash to seller
$232,371

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

November 2014

Original loan amount

$165,550

Est. remaining balance

$66,629

Interest rate

3.36%

Loan type

New Conventional, 15 year

Seller

David L Vann

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: 10/05/2024 at 3:25 AM

Listing updated: 09/24/2024 at 9:10 PM

Listed by: Michelle Kennedy, Coastal Life Properties LLC Phone #: (321) 633-2313

MLS: BrevardMLS #1014999

BrevardMLS logo

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