tomo logo

$375,000

Beds
4
Baths
3.0
sq ft
1,848

425 Riverside Ave, Merritt Island, FL 32953

425 Riverside Ave

Merritt Island, FL 32953

  • 53 days on market
    • Price drop $5,000↓
Welcome to your dream home in the heart of Merritt Island, where modern upgrades meet Florida's timeless charm. This stunning 4-bedroom, 3-bath retreat beckons with an open layout and sleek tile floors that make upkeep a breeze. Culinary enthusiasts will love the spacious kitchen, designed with abundant counter space and cabinetry for effortless entertaining. DUAL PRIMARY SUITES, each with private baths, offer unparalleled comfort and versatility. Sunlit rooms flow seamlessly to a sprawling screened porch, perfect for tranquil mornings or lively gatherings. ACCORDION SHUTTERS on 3/4 of the home and newer windows wrap the home for energy efficiency and peace of mind. Step outside to your expansive, fenced backyard—a private haven with room to play, garden, and even store a trailer or boat. With a PRIVATE WELL to keep maintenance costs low, a 2020 AC, and a 2021 tankless water heater, this home is as practical as it is captivating. Don't miss the chance to make this gem yours!

Details

Property type

Single Family Residence

Est. home value

$317,973

Lot size

7,841 sq ft

Price per sq ft

$203

Year built

1966

Price History

12/02/2024
BrevardMLS

BrevardMLS #1028470

Price change
$375,000
-1.32%
11/01/2024
BrevardMLS

BrevardMLS #1028470

Listed
$380,000
10/31/2024
BrevardMLS

BrevardMLS #1017234

Removed
$380,000

Schools & Community

Elementary school: 

Mila

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

$323,444
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$21,556
Cash to seller
$323,444

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

Seller’s Loan History

Lender

Community Cu Of Florida

Loan start date

August 2018

Original loan amount

$52,000

Est. remaining balance

$21,556

Interest rate

4.07%

Loan type

New Conventional, 10 year

Seller

Kimberly Gehl Smith

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: 12/24/2024 at 8:35 AM

Listing updated: 12/15/2024 at 2:50 AM

Listed by: Teresa Thompson, Blue Marlin Real Estate Phone #: (321) 877-2902

MLS: BrevardMLS #1028470

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