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$768,500

Beds
4
Baths
1.5
sq ft
1,872

492 Barrello Ln, Cocoa Beach, FL 32931

492 Barrello Ln

Cocoa Beach, FL 32931

  • 15 days on market
    • Price drop $16,500↓
Enjoy the best of waterfront living in this rare find in Cocoa Beach! This 2 story, 4 bedroom, 1 & ½ bath home is situated on a grand canal, deep water, direct Banana River access, just one house from the Banana River. Tile and hardwood throughout, wood-burning fireplace in family room, sliders to patio, ceiling fans, 1-car garage with plenty of drive-way parking. Outside shower with hot & cold water. XLNT location near area amenities and shops, steps to the beach and Ron Jons, Space Center, Port Canaveral, easy access to area thoroughfares, just a short drive to Orlando.

Details

Property type

Single Family Residence

Est. home value

$828,767

Lot size

0.23 acres

Price per sq ft

$411

Year built

1962

Price History

07/01/2024
BrevardMLS

BrevardMLS #1017201

Price change
$768,500
-2.1%
06/24/2024
BrevardMLS

BrevardMLS #1017201

Price change
$785,000
-1.26%
06/18/2024
BrevardMLS

BrevardMLS #1017201

Listed
$795,000

Schools & Community

Elementary school: 

Cape View

Middle school: 

Cocoa Beach

High school: 

Cocoa Beach

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

$476,284
Asking price
$768,500
Closing costs (~8% of asking)
-$61,480
Est. remaining loan balance
-$230,736
Cash to seller
$476,284

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 Mortgage Inc

Loan start date

November 2007

Original loan amount

$342,450

Est. remaining balance

$230,736

Interest rate

6.37%

Loan type

Not Provided, 30 year

Seller

Vincent E Keenan Jr

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 12:35 PM

Listing updated: 07/01/2024 at 10:23 AM

Listed by: Vincent Keenan, Vincent Keenan, REALTORS Phone #: (321) 784-6286

MLS: BrevardMLS #1017201

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