tomo logo

$490,000

Beds
3
Baths
2.0
sq ft
2,125

2855 Pennsylvania St, Melbourne, FL 32904

2855 Pennsylvania St

Melbourne, FL 32904

  • 33 days on market
Welcome to 2855 Pennsylvania Street, a charming home nestled on an expansive .85 acre lot in one of the most sought-after country settings. This beautifully maintained property offers over 2,200 square feet of living space, featuring 3 spacious bedrooms and 2 bathrooms. Step inside to a bright, open layout that seamlessly connects a large living area with a versatile formal dining or flex room, perfect for entertaining or creating your ideal space. Recent updates include a stylishly renovated bathroom and fresh interior paint, making this home move-in ready. With a new roof installed in 2021 and a 2018 AC unit, the major updates are already taken care of. The property also offers a separate two-story dwelling—ideal for conversion into a guesthouse, barn, studio, man-cave, or whatever you envision. Come see this incredible home and imagine the endless possibilities!

Details

Property type

Single Family Residence

Est. home value

$466,260

Property condition

Updated/Remodeled

Lot size

0.85 acres

Price per sq ft

$231

Year built

1979

Price History

10/17/2024
BrevardMLS

BrevardMLS #1027235

Listed
$490,000
+100%
09/20/2016
BrevardMLS

BrevardMLS #759814

Sold
$245,000

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

$343,913
Asking price
$490,000
Closing costs (~8% of asking)
-$39,200
Est. remaining loan balance
-$106,887
Cash to seller
$343,913

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

Seller’s Loan History

Lender

Community Cu Of Florida

Loan start date

September 2016

Original loan amount

$130,000

Est. remaining balance

$106,887

Interest rate

3.43%

Loan type

New Conventional, 30 year

Seller

Douglas S Yost

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: 11/19/2024 at 3:25 PM

Listing updated: 11/13/2024 at 12:26 AM

Listed by: James Stephen Dandridge, One Sotheby's International Phone #: (321) 984-3135

MLS: BrevardMLS #1027235

BrevardMLS logo

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