tomo logo

$185,000

Beds
2
Baths
1.0
sq ft
912

250 N Banana River Dr Unit C11, Merritt Island, FL 32952

250 N Banana River Dr Unit C11

Merritt Island, FL 32952

  • 54 days on market
    • Price drop $5,000↓
Fabulous 2 bed/1 bath GROUND FLOOR unit located in the most desirable area of Merritt Island. This unit was completely renovated and everything you see is new including the flooring, stainless steel appliances, light fixtures, and countertops. The kitchen and bathroom were both totally redone making this unit feel like you are the first to call it home. Every detail from the vinyl plank flooring, quartz countertops, detailed bathroom, to the gorgeous kitchen, ceiling to floor windows, and tray ceiling make this home feel nothing short of quintessential. A new A/C unit, new instant water heater, and new washer/dryer has been installed. This waterfront community has a lot to offer including a dock on the Banana River making it a dream coastal retreat!

Details

Property type

Condominium

Est. home value

$186,022

Property condition

Updated/Remodeled

Lot size

2,178 sq ft

Price per sq ft

$203

Year built

1964

Monthly HOA fee

$324

Price History

11/01/2024
BrevardMLS

BrevardMLS #1025836

Price change
$185,000
-2.63%
09/26/2024
BrevardMLS

BrevardMLS #1025836

Listed
$190,000
+75.93%
07/25/2024
BrevardMLS

BrevardMLS #1018227

Sold
$108,000
-13.53%

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

$38,948
Asking price
$185,000
Closing costs (~8% of asking)
-$14,800
Est. remaining loan balance
-$131,252
Cash to seller
$38,948

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

Seller’s Loan History

Lender

Home Mortgage Finance Group Corp

Loan start date

October 2007

Original loan amount

$197,900

Est. remaining balance

$131,252

Interest rate

6.46%

Loan type

Not Provided, 30 year

Seller

Ernesto Cordero

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: 11/19/2024 at 10:20 AM

Listing updated: 11/12/2024 at 5:21 PM

Listed by: Kelly Hamilton, Florida Lifestyle Realty LLC Phone #: (321) 613-5922

MLS: BrevardMLS #1025836

BrevardMLS logo

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