tomo logo

$2,290,000

Beds
5
Baths
5.0
sq ft
5,135

4781 Honeyridge Ln, Merritt Island, FL 32952

4781 Honeyridge Ln

Merritt Island, FL 32952

  • 130 days on market
    • Price drop $59,000↓
***Price Reduction Now BELOW Appraised Value*** Luxurious Banana River mansion with stunning water views, crown molding, and elegant trayed/coffered ceilings. The home features marble travertine and hardwood floors, impact glass windows, and a dock with a pavered patio. Enjoy the heated waterfall pool, spa, and outdoor kitchen. Inside, the living room boasts a striking stone fireplace, while the family room has an indoor/outdoor fireplace. The marble island kitchen includes Viking stainless steel appliances, an 8-burner gas stove, and a wine cellar. The owner's suite offers river views, a spacious shower, dual sinks, and a jetted tub. The game room with a wet bar opens to the patio, and a breezy balcony overlooks serene wat

Details

Property type

Single Family Residence

Est. home value

$2,158,707

Lot size

Unknown

Price per sq ft

$446

Year built

2004

Annual property taxes

$19,697

Monthly HOA fee

$83.33

Price History

09/05/2024
SEF

SEF #A11643676

Price change
$2,290,000
-2.51%
08/16/2024
SEF

SEF #A11643676

Listed
$2,349,000
+80.69%
06/18/2019
BrevardMLS

BrevardMLS #822179

Sold
$1,300,000
-10.34%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$1,058,540
Asking price
$2,290,000
Closing costs (~8% of asking)
-$183,200
Est. remaining loan balance
-$1,048,260
Cash to seller
$1,058,540

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

Seller’s Loan History

Lender

Suntrust Bank

Loan start date

June 2019

Original loan amount

$1,169,870

Est. remaining balance

$1,048,260

Interest rate

4.14%

Loan type

New Conventional, 30 year

Seller

Jose Luis Garcia and Annette Cuza

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
$2,600,000
5 bd
|
4.5 ba
|
5,080 sq ft
|
House

4360 Stillwater Dr, Merritt Island, FL 32952

BrevardMLS
$2,350,000
4 bd
|
3 ba
|
3,216 sq ft
|
House

2945 Newfound Harbor Dr, Merritt Island, FL 32952

BrevardMLS
$2,300,000
3 bd
|
2.5 ba
|
3,367 sq ft
|
House

11 Bayshore Ct, Rockledge, FL 32955

Status: Active

Tomo last checked: 12/23/2024 at 8:00 PM

Listing updated: 11/09/2024 at 3:05 PM

Listed by: Richard Lemon, Keller Williams Space Coast Phone #: (321) 450-5600

MLS: SEF #A11643676

SEF logo

Recently listed in Merritt Island