tomo logo

$568,000

Beds
4
Baths
2.5
sq ft
2,250

3620 Linnea Rd, Merritt Island, FL 32952

3620 Linnea Rd

Merritt Island, FL 32952

  • 245 days on market
    • Price drop $27,000↓
Dive into this stunningly renovated pool home on south Merritt Island, mere moments from the river. Imagine catching a glimpse of dolphins on your way to work! What a delightful commute! Just 6 minutes to 520 and 8 minutes to Pineda, the choice is yours! Every detail has been meticulously attended to, from the modern kitchen and baths to the new appliances, hurricane windows, roof (4yrs old), flooring, deck, and fresh paint. Plus, no HOA so bring your boat or RV! Property has a transferrable termite bond. Main Suite upstairs with 2 other bedrooms & 2 full baths. Downstairs has a half bath with another bedroom, 2 living rooms and closed in porch overlooking large pool and yard. Plenty of room for the kiddos or furbabies. Invite your friends and family to watch the rocket launches from your balcony! Your new Home Sweet Home awaits! ADDED BONUS; Use Rick Riggs with GRArate Mortgage for your loan needs and take up to 1500 dollars off the loan origination fee.

Details

Property type

Single Family Residence

Est. home value

$559,266

Property condition

Updated/Remodeled

Lot size

0.37 acres

Price per sq ft

$253

Year built

1974

Annual property taxes

$4,008.92

Price History

03/16/2025
BrevardMLS

BrevardMLS #1019965

Price change
$568,000
-2.07%
11/06/2024
BrevardMLS

BrevardMLS #1019965

Removed
$579,999
10/11/2024
BrevardMLS

BrevardMLS #1019965

Price change
$579,999
-2.52%

Schools & Community

Elementary school: 

Tropical

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

$158,538
Asking price
$568,000
Closing costs (~8% of asking)
-$45,440
Est. remaining loan balance
-$364,022
Cash to seller
$158,538

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

Seller’s Loan History

Lender

American Financial Network Inc

Loan start date

July 2020

Original loan amount

$403,936

Est. remaining balance

$364,022

Interest rate

3.15%

Loan type

VA, 30 year

Seller

David A Lamb Jr and Deborah Lamb

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: 03/16/2025 at 10:55 PM

Listing updated: 03/16/2025 at 12:10 PM

Listed by: Glenda Lee Malone, Coldwell Banker Realty Phone #: (321) 799-0221

MLS: BrevardMLS #1019965

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