tomo logo

$507,000

Beds
3
Baths
2.0
sq ft
1,565

4850 Erin Ln, Melbourne, FL 32940

4850 Erin Ln

Melbourne, FL 32940

  • 1 day on market
Discover your dream home with this beautifully designed property featuring durable concrete block construction and the efficiency of natural gas. The kitchen boasts granite countertops, a stylish tile backsplash, and plenty of space to create culinary masterpieces. Enjoy the convenience of an indoor laundry room and relax in the lanai overlooking a screened-in pool with serene lake views. This home offers the perfect combination of comfort, quality, and stunning surroundings. Don't miss this incredible opportunity!

Details

Property type

Single Family Residence

Est. home value

$415,213

Property condition

Updated/Remodeled

Lot size

5,663 sq ft

Price per sq ft

$324

Year built

1998

Annual property taxes

$5,208.4

Monthly HOA fee

$15.75

Price History

01/27/2025
BrevardMLS

BrevardMLS #1035446

Listed
$507,000
+20.71%
06/05/2023
BrevardMLS

BrevardMLS #962430

Sold
$420,000

Schools & Community

Elementary school: 

Sherwood

Middle school: 

DeLaura

High school: 

Satellite

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

$61,642
Asking price
$507,000
Closing costs (~8% of asking)
-$40,560
Est. remaining loan balance
-$404,798
Cash to seller
$61,642

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

Seller’s Loan History

Lender

Embrace Home Loans Inc

Loan start date

June 2023

Original loan amount

$412,392

Est. remaining balance

$404,798

Interest rate

6.39%

Loan type

FHA, 30 year

Seller

Jess Stewart Dumas and Julianne M Dumas

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?

Status: Active

Tomo last checked: 01/29/2025 at 1:10 AM

Listing updated: 01/28/2025 at 7:05 AM

Listed by: Ashley L Oliver, Welcome Home Realty Phone #: (321) 567-5619

MLS: BrevardMLS #1035446

BrevardMLS logo

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