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$225,000

Beds
2
Baths
1.0
sq ft
1,020

5215 NE 255th Dr, Melrose, FL 32666

5215 NE 255th Dr

Melrose, FL 32666

  • 131 days on market
    • Price drop $10,000↓
Bring All Offers! This charming 2-bedroom, 1-bath home offers the perfect blend of comfort and simplicity, nestled on just over 2 acres of peaceful land. Featuring a one-car garage, it provides both convenience and functionality. With a new metal roof installed in 2020, this home is move-in ready and ideal for first-time homebuyers or those looking to downsize for retirement. Its modest design and ample outdoor space create endless possibilities for personal touches and outdoor living. Whether you're starting your journey or looking for a serene retreat, this home offers an inviting space to call your own.

Details

Property type

Single Family Residence

Est. home value

$197,980

Lot size

2.11 acres

Price per sq ft

$221

Year built

1984

Price History

01/08/2025
RealMLS

RealMLS #2051943

Price change
$225,000
-4.26%
11/01/2024
RealMLS

RealMLS #2051943

Price change
$235,000
-2.08%
10/15/2024
RealMLS

RealMLS #2051943

Listed
$240,000
+83.21%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$91,091
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$115,909
Cash to seller
$91,091

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

Seller’s Loan History

Lender

Np Inc

Loan start date

September 2020

Original loan amount

$128,627

Est. remaining balance

$115,909

Interest rate

2.88%

Loan type

FHA, 30 year

Seller

Justin Lee Smith and Aimee Smith

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: 02/23/2025 at 12:00 PM

Listing updated: 02/07/2025 at 7:41 AM

Listed by: JESSICA GENHOLD, CB ISAAC REALTY Phone #: (352) 475-2199

MLS: RealMLS #2051943

RealMLS logo

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