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$144,900

Beds
1
Baths
1.0
sq ft
720

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

250 N Banana River Dr Unit E

Merritt Island, FL 32952

  • 153 days on market
    • Price drop $5,000↓
    • Open house Feb 02
**REDUCED-RARE OPPORTUNITY-Fully-Remodeled, Move-In Ready, Spacious GROUND-FLOOR (No Stairs!) Condo in WATERFRONT Community WITH CARPORT & Washer/Dryer IN UNIT!! Plus LOW HOA Fee incl Water, HEATED POOL, BOAT SLIPS/Storage poss,Tiki Hut-BarBQ, & More! UPdated Unit w/NEW Coastal Plank Floors, AC, Impact Windows & Slider, New Bathroom, Kitchen w/Granite Counters, Soft-Close Cabs & Pull-outs, Stainless Applcs & yes, Dishwasher PLUS Brand-NEW Washer/Dryer IN Unit! **BONUS! Carport too! (Not all units here have them or Washer/Dryer hooked up!) Outdoor Patio & EZ access door to Walk Pets or Walk/Bike to stores. LOTS TO DO here! BOAT, FISH or Relax at the HEATED POOL or Watch for DOLPHINS from the OBSERVATION DECK, Fitness Room too & Quick Access to RT 520 to Ron Jon's/BEACH, Mall, Dining, Shopping OR RT 528/Beachline\ORLANDO, DISNEY, NASA, CruiseLines, Ocean & More-This is a TRUE NO-brainer for Investment or Long-Term Equity/Retirement/College- Age, Commuters, etc! Make EZ Appt to SEE Today

Details

Property type

Condominium

Est. home value

$157,551

Property condition

Updated/Remodeled

Lot size

2,178 sq ft

Price per sq ft

$202

Year built

1964

Annual property taxes

$1,773.7

Monthly HOA fee

$353

Price History

01/07/2025
BrevardMLS

BrevardMLS #1023740

Price change
$144,900
-3.34%
10/19/2024
BrevardMLS

BrevardMLS #1023740

Price change
$149,900
-3.23%
09/29/2024
BrevardMLS

BrevardMLS #1023740

Price change
$154,900
-3.13%

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

$38,689
Asking price
$144,900
Closing costs (~8% of asking)
-$11,592
Est. remaining loan balance
-$94,619
Cash to seller
$38,689

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

March 2021

Original loan amount

$103,550

Est. remaining balance

$94,619

Interest rate

2.79%

Loan type

New Conventional, 30 year

Seller

Gloria J Ehehalt and Dana Ann Tatarek

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: 02/02/2025 at 11:10 AM

Listing updated: 01/29/2025 at 1:45 PM

Listed by: Julie Meyer, RE/MAX Solutions Phone #: (321) 766-5674

MLS: BrevardMLS #1023740

BrevardMLS logo

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