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$525,000

Beds
3
Baths
3.0
sq ft
1,872

355 River Island St, Merritt Island, FL 32953

355 River Island St

Merritt Island, FL 32953

  • Coming soon
Coming Soon

Details

Property type

Single Family Residence

Est. home value

$462,427

Lot size

0.37 acres

Price per sq ft

$281

Year built

1984

Annual property taxes

$4,430.84

Price History

03/29/2025
BrevardMLS

BrevardMLS #1041555

Removed
11/17/2015
BrevardMLS

BrevardMLS #729258

Sold
$213,000

Schools & Community

Elementary school: 

Carroll

Middle school: 

Jefferson

High school: 

Merritt Island

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

$362,856
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$120,144
Cash to seller
$362,856

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

November 2015

Original loan amount

$150,000

Est. remaining balance

$120,144

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Gilroy W Jones and Veronica Jones

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: Coming Soon

Tomo last checked: 03/31/2025 at 7:50 AM

Listing updated: 03/29/2025 at 7:06 AM

Listed by: Pamela Bartlett, Coldwell Banker Realty Phone #: (321) 259-5280

MLS: BrevardMLS #1041555

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