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$150,000

Beds
1
Baths
1.0
sq ft
630

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

250 N Banana River Dr Unit E

Merritt Island, FL 32952

  • 31 days on market
    • Price drop $5,000↓
Completely Remodeled in 2020 w/ new 2022 A/C. This hidden gem and Merritt Island's best value is located in Treasure Coast Condo complex at the corner of the Banana River and Hwy 520, halfway between Merritt Island and Cocoa Beach. The well maintained amenities include a boat dock w/boat storage when available, heated Pool, tiki hut, community area w/grills, on-site laundry, on-site manager and maintenance office. One assigned covered parking spot with plenty of open spaces. Perfect for first time buyer or investor. GREAT LOCATION-easy to get to Cocoa Beach, Merritt Island, and a straight drive to Orlando Airport.

Details

Property type

Condominium

Est. home value

$157,551

Lot size

2,178 sq ft

Price per sq ft

$239

Year built

1964

Annual property taxes

$1,702.75

Monthly HOA fee

$324

Price History

06/19/2024
BrevardMLS

BrevardMLS #1015904

Price change
$150,000
-3.23%
06/11/2024
BrevardMLS

BrevardMLS #1015904

Price change
$155,000
-3.13%
06/05/2024
BrevardMLS

BrevardMLS #1015904

Listed
$160,000
+23.08%

Schools & Community

Elementary school: 

Audubon

Middle school: 

Jefferson

High school: 

Merritt Island

Community features: 

Pool

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

$42,161
Asking price
$150,000
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$95,839
Cash to seller
$42,161

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

$95,839

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: 07/05/2024 at 9:50 PM

Listing updated: 06/19/2024 at 7:13 AM

Listed by: Sami Bolger, Denovo Realty Phone #: (321) 237-1887

MLS: BrevardMLS #1015904

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