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$315,000

Beds
3
Baths
2.0
sq ft
1,636

3290 Cedar Bay Dr, Melbourne, FL 32934

3290 Cedar Bay Dr

Melbourne, FL 32934

  • 1 day on market
Home is a Great Neighborhood, Zoned A+ Long Leaf Elementary. Property has lots of Potential, it offers Vaulted Ceilings, two living areas, screened porch, fenced in backyard, CBS construction, 2 car garage, Sprinkler system on well, split floor plan and more. AC (2017), Water Heater (2017). Home needs TLC, but the potential is endless. Low $400 yr HOA. Community Pool and Playground. Centrally located in the Heart of Melbourne, walking distance to College, Shopping and Restaurants.

Details

Property type

Single Family Residence

Est. home value

$359,255

Lot size

6,098 sq ft

Price per sq ft

$193

Year built

1996

Annual property taxes

$4,748.56

HOA fee

$200

Price History

09/18/2024
BrevardMLS

BrevardMLS #1025099

Listed
$315,000
+67.64%
09/30/2016
BrevardMLS

BrevardMLS #757992

Sold
$187,900
+34.99%
12/17/2014
BrevardMLS

BrevardMLS #709184

Sold
$139,200

Schools & Community

Elementary school: 

Longleaf

Middle school: 

Johnson

High school: 

Eau Gallie

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

$165,507
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$124,293
Cash to seller
$165,507

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

September 2016

Original loan amount

$150,320

Est. remaining balance

$124,293

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Frank C Simpson

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: 09/19/2024 at 11:45 AM

Listing updated: 09/18/2024 at 9:00 AM

Listed by: Rhonda Pavone, RE/MAX Aerospace Realty Phone #: (321) 631-5511

MLS: BrevardMLS #1025099

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