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$580,000

Beds
3
Baths
4.0
sq ft
2,198

5283 Winding Way, Merritt Island, FL 32953

5283 Winding Way

Merritt Island, FL 32953

  • 52 days on market
Discover this exceptional home in the highly desirable Otter Trace community on North Merritt Island. This residence offers three bedrooms, four bathrooms, a split floor plan, vaulted ceilings, smart home features throughout, and a modernized kitchen. Experience rocket launches from the screened back porch or unwind in a rocking chair on the inviting front porch. The oversized two-car garage is perfectly suited for use as an exercise room or for ample parking of your vehicles and toys.

Details

Property type

Single Family Residence

Est. home value

$641,551

Property condition

Updated/Remodeled

Lot size

0.5 acres

Price per sq ft

$264

Year built

2001

Annual property taxes

$4,035.94

Monthly HOA fee

$12.5

Price History

05/18/2024
BrevardMLS

BrevardMLS #1013983

Listed
$580,000
+49.87%
08/06/2020
BrevardMLS

BrevardMLS #878979

Sold
$387,000
+93.6%
08/20/2010
StellarMLS

StellarMLS #R4593496

Sold
$199,900

Schools & Community

Elementary school: 

Carroll

Middle school: 

Jefferson

High school: 

Merritt Island

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

$249,357
Asking price
$580,000
Closing costs (~8% of asking)
-$46,400
Est. remaining loan balance
-$284,243
Cash to seller
$249,357

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

August 2020

Original loan amount

$309,600

Est. remaining balance

$284,243

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Paige L Lee and Jesse M Lee

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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3695 Savannahs Trl, Merritt Island, FL 32953

Status: Active

Tomo last checked: 07/05/2024 at 8:55 PM

Listing updated: 06/30/2024 at 3:14 AM

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

MLS: BrevardMLS #1013983

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