tomo logo

$347,000

Beds
3
Baths
2.0
sq ft
1,706

3526 Mount Carmel Ln, Melbourne, FL 32901

3526 Mount Carmel Ln

Melbourne, FL 32901

  • 27 days on market
Welcome to 3526 Mount Carmel Lane, a beautiful residence located in the heart of Melbourne! This charming home offers a perfect blend of comfort and style, featuring spacious living areas, modern amenities, and a serene outdoor space ideal for relaxation and entertaining. This lovely backyard oasis, complete with a patio area perfect for gatherings or quiet evenings. Situated in a friendly neighborhood, you'll enjoy easy access to local parks, shopping, dining, and top-rated schools. Don't miss the opportunity to make this delightful property your new home!

Details

Property type

Single Family Residence

Est. home value

$332,759

Lot size

5,663 sq ft

Price per sq ft

$204

Year built

2003

Annual property taxes

$4,175.54

Monthly HOA fee

$16.25

Price History

08/23/2024
BrevardMLS

BrevardMLS #1022985

Listed
$347,000
+6.77%
05/03/2022
BrevardMLS

BrevardMLS #931209

Sold
$325,000

Schools & Community

Elementary school: 

University Park

Middle school: 

Stone

High school: 

Palm Bay

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

$268,428
Asking price
$347,000
Closing costs (~8% of asking)
-$27,760
Est. remaining loan balance
-$50,812
Cash to seller
$268,428

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

Seller’s Loan History

Lender

Cornerstone Home Mortgage Corp

Loan start date

November 2003

Original loan amount

$100,000

Est. remaining balance

$50,812

Interest rate

5.95%

Loan type

Not Provided, 30 year

Seller

Michael F Favata

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?

Similar Homes Nearby

Price drop
BrevardMLS
$364,900
3 bd
|
2 ba
|
1,960 sq ft
|
House

4186 Aiken Ln, Melbourne, FL 32901

Price drop
BrevardMLS
$365,000
3 bd
|
2 ba
|
2,100 sq ft
|
House

295 Oak Lake Rd, Melbourne, FL 32901

Price drop
BrevardMLS
$339,000
3 bd
|
2 ba
|
1,840 sq ft
|
House

3516 Egret Dr, Melbourne, FL 32901

Status: Active

Tomo last checked: 09/18/2024 at 9:15 PM

Listing updated: 08/31/2024 at 8:10 AM

Listed by: Matthew F. Carr, LaRocque & Co., Realtors Phone #: (321) 631-3715

MLS: BrevardMLS #1022985

BrevardMLS logo

Recently listed in Melbourne

$567,890|4 bd|2.0 ba|House
$204,900|2 bd|2.0 ba|Townhouse
$499,000|4 bd|2.0 ba|House
$310,000|3 bd|2.0 ba|House
$315,000|3 bd|2.0 ba|House
$255,000|3 bd|1.0 ba|House
$399,000|3 bd|2.0 ba|House
$159,000|2 bd|1.0 ba|Manufactured