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$469,900

Beds
3
Baths
3.0
sq ft
2,214

480 Sail Ln Unit 104, Merritt Island, FL 32953

480 Sail Ln Unit 104

Merritt Island, FL 32953

  • 28 days on market
    • Price drop $17,100↓
Resort style condo community located on INTRACOASTAL - INDIAN RIVER with short drive to the beaches and Orlando airport . 3 month min rental makes it very flexible to use personally or rent . Automatic STORM SHUTTERS offer full protection .RESORT AMENITIES offer 2 in ground pools, SPA, pickel and tennis courts / basketball . CLOSE by WHITLEY Bay Marina for your boating is great feature. Beaches are 15 min drive. Gated with 24 hours security guard / clubhouse with fitness room this development surpasses many others. INTERIORS are beautiful - with panoramic water views from living room and master bedroom . Large kitchen with 42 inch cabinetry - granite countertops - sitting area for brks and entertainment . Master suite has sliders to balcony / 2 walk in closets - beautiful master bath with dual vanities / shower walk in . Additionally 2 more bedrooms and BONUS ROOM that can be work/ play / dining . 1 car garage private desirable for vehicles and storage . Deep balcony .

Details

Property type

Condominium

Est. home value

$530,470

Lot size

2,614 sq ft

Price per sq ft

$213

Year built

2004

Annual property taxes

$2,439.51

Monthly HOA fee

$882

Price History

06/18/2024
BrevardMLS

BrevardMLS #1016018

Price change
$469,900
-3.51%
06/05/2024
BrevardMLS

BrevardMLS #1016018

Listed
$487,000
-4.51%
06/04/2024
BrevardMLS

BrevardMLS #1007622

Removed
$510,000

Schools & Community

Elementary school: 

Mila

Middle school: 

Jefferson

High school: 

Merritt Island

Community features: 

Pool

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

$238,011
Asking price
$469,900
Closing costs (~8% of asking)
-$37,592
Est. remaining loan balance
-$194,297
Cash to seller
$238,011

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

December 2021

Original loan amount

$205,000

Est. remaining balance

$194,297

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Keith R Johnson and Joan A Johnson

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 11:25 AM

Listing updated: 06/30/2024 at 3:14 AM

Listed by: Margret Cornell, Cornell Real Estate Phone #: (321) 288-3014

MLS: BrevardMLS #1016018

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