tomo logo

$434,000

Beds
4
Baths
2.0
sq ft
2,072

471 Mimosa St SW, Palm Bay, FL 32908

471 Mimosa St SW

Palm Bay, FL 32908

  • 201 days on market
A great Opportunity for 4/2/2 Open floor plan. Quiet Street with wildlife to enjoy on evening walk. City Water. Vinyl flooring Br.3 Barn door Br 4/ Den with Murphy Bed /corner desk conveys. There's a newer Samsung Fridge WiFi enabled 1yr.old LG Washer/Dryer WiFi 2.5 yrs. old, AC with a media filter, a Nest thermostat, Ring doorbell a security system with Reolink system W/DVR App,8 cameras. The septic system new in 2020. City Water, Also has a Well on Property There are 2 Sheds, one small & Medium installed with hurricane straps. Large fenced in back yard w/reinforced gates on each side of the yard. Greenhouse/grow area: Trees: Bananas, Guava, Mago, Avocado, Starfruit, Mulberry, Barbados Cherry. Truly awesome for the fruit lovers.

Details

Property type

Single Family Residence

Est. home value

$352,331

Lot size

0.23 acres

Price per sq ft

$210

Year built

2007

Annual property taxes

$3,775.92

Price History

10/01/2024
BrevardMLS

BrevardMLS #1024712

Listed
$434,000
+80.91%
03/13/2020
BrevardMLS

BrevardMLS #863016

Sold
$239,900

Schools & Community

Elementary school: 

Westside

Middle school: 

Southwest

High school: 

Bayside

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

$137,129
Asking price
$434,000
Closing costs (~8% of asking)
-$34,720
Est. remaining loan balance
-$262,151
Cash to seller
$137,129

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

Seller’s Loan History

Lender

Shelter Mortgage Company Llc

Loan start date

November 2021

Original loan amount

$283,000

Est. remaining balance

$262,151

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Charles H Russell and Gloria Blake Russell

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: 03/31/2025 at 6:25 AM

Listing updated: 03/07/2025 at 8:35 AM

Listed by: Linda S Lockwood, Surfside Properties & Mgmt. Phone #: (321) 631-5511

MLS: BrevardMLS #1024712

BrevardMLS logo

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