tomo logo

$369,900

Beds
5
Baths
2.0
sq ft
2,028

501 Westchester Ave, Melbourne, FL 32935

501 Westchester Ave

Melbourne, FL 32935

  • <1 day on market
Welcome to one of the largest homes in the neighborhood! This spacious 5-bedroom, 2-bathroom home in Melbourne, FL offers just over 2,000 sq. ft. of living space on a desirable corner lot. Inside, you'll find tile flooring throughout, freshly painted walls, and a modern kitchen featuring stainless steel appliances and granite countertops. The open layout provides plenty of room for relaxation and entertaining. Stay comfortable year-round with a newer air conditioner, less than two years old. A one-car garage offers extra storage and convenience. Centrally located near shopping, dining, and major roadways, this home is move-in ready and waiting for you. Don't miss this incredible opportunity—schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$328,575

Lot size

8,712 sq ft

Price per sq ft

$183

Year built

1967

Annual property taxes

$1,894.6

Price History

02/03/2025
BrevardMLS

BrevardMLS #1036175

Listed
$369,900
01/31/2025
BrevardMLS

BrevardMLS #1030100

Removed
$369,900
01/13/2025
BrevardMLS

BrevardMLS #1030100

Price change
$369,900
-1.36%

Schools & Community

Elementary school: 

Roy Allen

Middle school: 

Central

High school: 

Eau Gallie

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

$234,509
Asking price
$369,900
Closing costs (~8% of asking)
-$29,592
Est. remaining loan balance
-$105,799
Cash to seller
$234,509

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

Seller’s Loan History

Lender

Space Coast Cu

Loan start date

November 2019

Original loan amount

$118,300

Est. remaining balance

$105,799

Interest rate

3.57%

Loan type

New Conventional, 30 year

Seller

Timothy G Potter

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: 02/03/2025 at 1:40 PM

Listing updated: 02/03/2025 at 12:45 PM

Listed by: Bryant Dorricott, RE/MAX Alternative Realty Phone #: (321) 777-4111

MLS: BrevardMLS #1036175

BrevardMLS logo

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