tomo logo

$264,000

Beds
3
Baths
2.0
sq ft
1,164

3960 Bayberry Dr, Melbourne, FL 32901

3960 Bayberry Dr

Melbourne, FL 32901

  • 64 days on market
    • Price drop $5,000↓
Welcome to Bayberry Estates in the heart of this vibrant community in West Melbourne. This three-bedroom, two-bath, 1 car garage home offers approximately 1,200 square feet of living space, perfect for families or those looking to downsize. This home also offers a spacious living room, separate dining room, ample counter space in the kitchen, screened-in patio where you can relax and take in stunning views of the beautiful lake right in your backyard. Imagine sipping your morning coffee as you watch the sunrise, or hosting evening barbecues while enjoying the gentle breeze. Located in a friendly and thriving community, you'll have access to nearby parks, shopping, and schools, and just 15 minutes away from the beach, making it the ideal place to call home.

Details

Property type

Single Family Residence

Est. home value

$275,529

Lot size

4,356 sq ft

Price per sq ft

$227

Year built

1988

Annual property taxes

$3,997.1

Monthly HOA fee

$30

Price History

02/20/2025
BrevardMLS

BrevardMLS #1032490

Price change
$264,000
-1.86%
02/02/2025
BrevardMLS

BrevardMLS #1032490

Price change
$269,000
-3.58%
12/21/2024
BrevardMLS

BrevardMLS #1032490

Listed
$279,000
+18.72%

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

$163,615
Asking price
$264,000
Closing costs (~8% of asking)
-$21,120
Est. remaining loan balance
-$79,265
Cash to seller
$163,615

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

Seller’s Loan History

Lender

Td Bank Na

Loan start date

June 2018

Original loan amount

$126,400

Est. remaining balance

$79,265

Interest rate

3.94%

Loan type

New Conventional, 15 year

Seller

Joseph D Devenport

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: 02/23/2025 at 3:55 AM

Listing updated: 02/20/2025 at 4:30 PM

Listed by: Jodie Bizarro, Waterman Real Estate, Inc. Phone #: (321) 215-2100

MLS: BrevardMLS #1032490

BrevardMLS logo

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