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$395,000

Beds
3
Baths
2.0
sq ft
1,405

430 Banana Blvd, Merritt Island, FL 32952

430 Banana Blvd

Merritt Island, FL 32952

  • 51 days on market
    • Price drop $5,000↓
BUILT IN 2016! .22 ACRES! NO HOA! SOLID CONCRETE BLOCK! TROPICAL ELEMENTARY AND JEFFERSON MIDDLE SCHOOL ARE BOTH A SHORT WALK AWAY! MOVE IN READY! Welcome to your dream home, built in 2016 and boasting .22 acres of prime real estate, all without the hassle of an HOA and with PLENTY OF LAND TO STORE A BOAT! Constructed from solid concrete block, this residence ensures peace of mind with modern infrastructure, leaving worries about old pipes and electric wiring behind. Located in a quiet street in desirable South Merritt Island, this TURNKEY and custom-built home features beautiful solid wood cabinetry, granite counter tops, cathedral ceilings, storm shutters, walk in closets, his and hers sinks and a split floor plan providing ample privacy. Only steps to a local elementary school and middle school and a short drive from the beaches, this move in ready home is perfectly positioned in a charming, non-Hoa neighborhood. Don't miss your chance to call this beautiful 2016-built home yours!

Details

Property type

Single Family Residence

Est. home value

$402,191

Property condition

Updated/Remodeled

Lot size

9,583 sq ft

Price per sq ft

$282

Year built

2016

Annual property taxes

$4,269.18

Price History

06/18/2024
BrevardMLS

BrevardMLS #1013736

Price change
$395,000
-1.25%
05/13/2024
BrevardMLS

BrevardMLS #1013736

Listed
$400,000
+11.11%
04/26/2022
BrevardMLS

BrevardMLS #930620

Sold
$360,000
+80.09%

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

$90,776
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$272,624
Cash to seller
$90,776

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

April 2022

Original loan amount

$284,000

Est. remaining balance

$272,624

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Rudolph E Powser Iv

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: 07/03/2024 at 10:40 AM

Listing updated: 06/17/2024 at 8:23 PM

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

MLS: BrevardMLS #1013736

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