tomo logo

$249,000

Beds
3
Baths
2.0
sq ft
1,255

505 Lincoln Rd, Cocoa, FL 32926

505 Lincoln Rd

Cocoa, FL 32926

  • <1 day on market
Welcome to your next home sweet home! This updated property showcases a perfect blend of modern comfort and practical living. The heart of this three-bedroom, two-bathroom residence has been thoughtfully renovated in 2023, featuring an array of impressive updates that will make your life easier and more enjoyable. Step inside to discover beautiful laminate flooring throughout, complemented by a kitchen that's sure to inspire your culinary adventures. The kitchen renovation includes sleek stainless-steel appliances, elegant quartz countertops, and a stylish backsplash that adds a touch of sophistication. Custom cabinets and a built-in pantry area provide ample storage space, while new light fixtures illuminate your cooking space perfectly. Both bathrooms have been refreshed with modern vanities, updated toilets, and contemporary mirrors. The tub features a new tile shower surround, ensuring your daily routines start and end in style. The home's comfort is guaranteed year-round. with a brand-new central air conditioning system, including a new condenser, handler, and thermostat, all installed in 2023. A new roof and electric water heater round out the major updates. The outdoor space offers multiple options for relaxation and entertainment, with both front and rear open patio areas. An attached carport provides convenient vehicle coverage, while the chain-link fenced yard with a driveway gate offers security and peace of mind. The property's location puts you close to local amenities and attractions, making it ideal for both permanent residence or as an investment opportunity. The home's location puts you close to Florida's favorite attractions, making it perfect for either a permanent residence or a potentially lucrative rental property. The property's thoughtful updates, combined with its versatile layout and outdoor spaces, create an ideal setting for modern Florida living. Don't miss the opportunity to own this fully updated home that's ready for immediate enjoyment!

Details

Property type

Single Family Residence

Est. home value

$227,492

Lot size

6,098 sq ft

Price per sq ft

$199

Year built

1960

Annual property taxes

$2,506.94

Price History

01/24/2025
BrevardMLS

BrevardMLS #1035221

Listed
$249,000
+8.73%
08/28/2023
Beaches

Beaches #F10396760

Pending
$229,000
+172.62%
03/01/2023
BrevardMLS

BrevardMLS #949608

Sold
$84,000

Schools & Community

Elementary school: 

Saturn

Middle school: 

McNair

High school: 

Rockledge

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

-$1,592
Asking price
$249,000
Closing costs (~8% of asking)
-$19,920
Est. remaining loan balance
-$230,672
Cash to seller
-$1,592

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

Seller’s Loan History

Lender

Legendary Home Loans Llc

Loan start date

September 2023

Original loan amount

$233,689

Est. remaining balance

$230,672

Interest rate

6.96%

Loan type

FHA, 30 year

Seller

Samantha J Beck and Dustin Davis

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: 01/24/2025 at 2:40 PM

Listing updated: 01/24/2025 at 11:20 AM

Listed by: Ashley Parker, Blue Marlin Real Estate Phone #: (321) 877-2902

MLS: BrevardMLS #1035221

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