tomo logo

$870,000

Beds
4
Baths
2.0
sq ft
2,407

313 Island Dr, Melbourne Beach, FL 32951

313 Island Dr

Melbourne Beach, FL 32951

  • 76 days on market
    • Price drop $9,000↓
    • Open house Nov 17
Enjoy the bright open feel of this 4 Bedroom, 2 Bath Beachside Oasis with deeded access to beach and Indian River dock just steps away. Entering you are greeted by 12' ceilings and a bright open concept with inviting views of the pool and private back yard. The large, open Kitchen offers granite counters, stainless appliances, breakfast bar, pantry and eating nook. The house features great spaces for entertaining, yet provides areas for privacy. The primary Bedroom has his and her walk-in closets, access to pool, and attached Bath with walk-in shower, soaking tub, and granite countertops.This house features a split floor plan with a room above the garage for a 4th bedroom. Tropical outdoor space features a screened in pool area and Lanai, visible from the main areas of the house. 2nd Bath accesses the pool area, outdoor shower, and fenced backyard. Enjoy beach Sunrises and dock Sunsets where canoe/kayak storage is available. Rental boat storage is available just minutes away.

Details

Property type

Single Family Residence

Est. home value

$782,006

Lot size

0.26 acres

Price per sq ft

$362

Year built

1995

Annual property taxes

$5,492.71

Monthly HOA fee

$71

Price History

10/15/2024
BrevardMLS

BrevardMLS #1023512

Price change
$870,000
-1.02%
08/30/2024
BrevardMLS

BrevardMLS #1023512

Listed
$879,000
07/30/2024
BrevardMLS

BrevardMLS #1008648

Removed
$879,000

Schools & Community

Elementary school: 

Gemini

Middle school: 

Hoover

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

$670,015
Asking price
$870,000
Closing costs (~8% of asking)
-$69,600
Est. remaining loan balance
-$130,385
Cash to seller
$670,015

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

April 2016

Original loan amount

$160,000

Est. remaining balance

$130,385

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

Bob Isitt and Mary Isitt

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: 11/13/2024 at 10:10 PM

Listing updated: 11/12/2024 at 6:32 PM

Listed by: Joel Drapeau, Compass Florida LLC Phone #: (321) 327-4503

MLS: BrevardMLS #1023512

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