tomo logo

$1,139,000

Beds
6
Baths
4.0
sq ft
3,900

440 Treasure Lagoon Ln, Merritt Island, FL 32953

440 Treasure Lagoon Ln

Merritt Island, FL 32953

  • 53 days on market
    • Price drop $60,000↓
RARE opportunity to buy in GATED 23-home community of Treasure Lagoon w/RIVER ACCESS! Only two homes have sold in TL in last 4 years!!! CUSTOM design by interior designer! Walk in to the formal foyer and living with 22ft ceilings and wrought iron balcony and wood fireplace. Chef's kitchen features eat in w/double sided fireplace. Granite kitchen with ceramic sink and gas range w/pot filler. Marble island w/sink and second oven. Custom wood cabinetry and hood. Granite BUTLER's PANTRY w/cork floor. TWO Laundry rooms DOWN AND UP! Downstairs Primary bedroom has 2 sets of french doors to pool and massive walk in closet. Bath has his and her TOILETS, claw foot tub and walk in shower. Beautiful hardwood floors throughout. Upstairs has 5 spacious bedrooms and 2 full baths. Central vacuum system! Solar heated screened POOL offers privacy w/woods adjacent. Oversized 2car garage. Just feet away is community boat ramp and wrap around dock w/pylons. Kayak or boat right out to Indian River! BRAND NEW ROOF! Whole house intercom and security system! Too many upgrades to list see feature sheet.

Details

Property type

Single Family Residence

Est. home value

$913,115

Property condition

Updated/Remodeled

Lot size

0.38 acres

Price per sq ft

$293

Year built

2003

Annual property taxes

$7,272.11

Monthly HOA fee

$71.67

Price History

06/03/2024
BrevardMLS

BrevardMLS #1013842

Price change
$1,139,000
-5%
05/23/2024
BrevardMLS

BrevardMLS #1013842

Listed
$1,199,000
+113.73%
09/30/2015
BrevardMLS

BrevardMLS #727058

Sold
$561,000

Schools & Community

Elementary school: 

Carroll

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

$590,574
Asking price
$1,139,000
Closing costs (~8% of asking)
-$91,120
Est. remaining loan balance
-$457,306
Cash to seller
$590,574

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

Seller’s Loan History

Lender

Pentagon Fcu

Loan start date

November 2021

Original loan amount

$484,000

Est. remaining balance

$457,306

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Geoffrey Scott Smith and Kelley 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?

Similar Homes Nearby

BrevardMLS
$1,225,000
5 bd
|
3 ba
|
4,022 sq ft
|
House

2907 N Indian River Dr, Cocoa, FL 32922

BrevardMLS
$1,200,000
3 bd
|
2.5 ba
|
2,136 sq ft
|
House

810 Good Hope Rd, Merritt Island, FL 32953

New
BrevardMLS
$1,100,000
5 bd
|
3 ba
|
3,298 sq ft
|
House

4031 Tradewinds Trl, Merritt Island, FL 32953

Status: Active

Tomo last checked: 07/05/2024 at 9:45 PM

Listing updated: 07/03/2024 at 12:03 PM

Listed by: William Andersen, Atlantic Group Real Estate Phone #: (321) 255-2550

MLS: BrevardMLS #1013842

BrevardMLS logo