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$397,000

Beds
4
Baths
3.0
sq ft
1,848

425 Riverside Ave, Merritt Island, FL 32953

425 Riverside Ave

Merritt Island, FL 32953

  • 28 days on market
    • Open house Jul 06
Nestled in the heart of Merritt Island, this beautifully updated 4-bedroom, 3-bathroom home offers an inviting blend of modern amenities and classic Florida charm. As you step inside, you'll immediately notice the open concept layout that creates a sense of spaciousness and flow. The home has been updated throughout, featuring stunning tile flooring that adds a touch of elegance and is easy to maintain. The kitchen is a chef's delight with ample counter space and plenty of cabinetry for all your storage needs. One of the standout features of this home is the presence of 2 primary suites, each with its own en-suite bathroom. Newer windows equipped with accordion shutters on 3/4 of the home ensure both safety and energy effiency. The large screened porch extends your living space. The vast fenced backyard offers plenty of space for outdoor activities. Additionally, there's an area for trailer/boat storage. There is a well for low cost watering. AC 2020, Tankless water heater 2021

Details

Property type

Single Family Residence

Est. home value

$317,973

Lot size

7,841 sq ft

Price per sq ft

$215

Year built

1966

Annual property taxes

$1,056.87

Price History

06/21/2024
BrevardMLS

BrevardMLS #1017234

Listed
$397,000
-0.75%
06/01/2024
BrevardMLS

BrevardMLS #980057

Removed
$400,000
05/14/2024
BrevardMLS

BrevardMLS #980057

Listed
$400,000

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

$341,431
Asking price
$397,000
Closing costs (~8% of asking)
-$31,760
Est. remaining loan balance
-$23,809
Cash to seller
$341,431

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

$23,809

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: 07/05/2024 at 9:40 PM

Listing updated: 07/03/2024 at 1:13 PM

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

MLS: BrevardMLS #1017234

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