tomo logo

$195,000

Beds
2
Baths
1.0
sq ft
912

250 N Banana River Dr Unit B, Merritt Island, FL 32952

250 N Banana River Dr Unit B

Merritt Island, FL 32952

  • 151 days on market
Owner Financing Available! Don't miss an opportunity to own a TWO BEDROOM unit on the FIRST FLOOR. Unit features tile throughout and some updates to the kitchen and bathroom. The sliders have a view of the courtyard. Carport 99 is assigned to this unit. The community offers laundry facilities, onsite management, a heated pool, a tiki hut and access to the canal. Live in a perfect location! You're minutes to Cocoa Beach, Ron Jons, Port Canaveral and restaurants and shops in Merritt Island. Rt 528 is convenient to get to the beaches and to Orlando. Don't miss this opportunity!

Details

Property type

Condominium

Est. home value

$198,712

Lot size

2,178 sq ft

Price per sq ft

$214

Year built

1964

Annual property taxes

$1,792

Monthly HOA fee

$411

Price History

07/24/2024
BrevardMLS

BrevardMLS #1020352

Listed
$195,000
-2.5%
03/14/2023
BrevardMLS

BrevardMLS #951306

Sold
$200,000
+5.26%
07/11/2022
BrevardMLS

BrevardMLS #929033

Sold
$190,000

Schools & Community

Elementary school: 

Audubon

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

$99,650
Asking price
$195,000
Closing costs (~8% of asking)
-$15,600
Est. remaining loan balance
-$79,750
Cash to seller
$99,650

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

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

March 2023

Original loan amount

$81,500

Est. remaining balance

$79,750

Interest rate

6.13%

Loan type

New Conventional, 30 year

Seller

Matthew Richard Coulter and Wendy Kay Coulter

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: 12/22/2024 at 11:10 AM

Listing updated: 12/07/2024 at 2:40 AM

Listed by: Aida N Teague, Southern Tropics R.E. LLC Phone #: (321) 423-2010

MLS: BrevardMLS #1020352

BrevardMLS logo

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