tomo logo

$250,000

Beds
3
Baths
1.0
sq ft
1,152

515 Fernwood Ave NW, Palm Bay, FL 32907

515 Fernwood Ave NW

Palm Bay, FL 32907

  • 13 days on market
You do not want to miss this gem centrally located in Palm Bay. This updated home features upgraded kitchen and bath, a closed in Florida room with window unit ac and a beautiful front patio area. Centrally located close to shopping, dining and all that central Florida has to offer.

Details

Property type

Single Family Residence

Est. home value

$235,968

Property condition

Updated/Remodeled

Lot size

0.23 acres

Price per sq ft

$218

Year built

1984

Annual property taxes

$2,038.74

Price History

03/15/2025
BrevardMLS

BrevardMLS #1038963

Listed
$250,000
+20.77%
11/12/2021
StellarMLS

StellarMLS #O5978575

Sold
$207,000

Schools & Community

Elementary school: 

McAuliffe

Middle school: 

Central

High school: 

Heritage

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

$47,793
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$182,207
Cash to seller
$47,793

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

November 2021

Original loan amount

$196,650

Est. remaining balance

$182,207

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Christopher L Taylor and Joshua Dailey

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: 03/15/2025 at 12:30 PM

Listing updated: 03/15/2025 at 6:55 AM

Listed by: Nathan Montgomery, Coldwell Banker Coast Realty Phone #: (321) 383-3330

MLS: BrevardMLS #1038963

BrevardMLS logo

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