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$1,185,000

Beds
4
Baths
3.0
sq ft
2,810

5307 Solway Dr, Melbourne Beach, FL 32951

5307 Solway Dr

Melbourne Beach, FL 32951

  • Pending
4 bed waterfront, pool home in manicured, gated, Ocean to River Indian Landing subdivision in nature rich Melbourne Beach. This home is one of only a handful that has private boat lift (12k lbs) on a navigable canal just a short stroll from the home and also a private dock in the backyard for dolphin and manatee watching, as well as launching non motorized crafts from. Light, open and airy describes the interior with 12' ceilings and a split floor plan opening to a generous, screened pool lanai. The home features a spacious, upstairs suite which could also serve as a great, private home office or family fun zone. The private balcony off the upstairs is a magical spot to soak in some incredible sunsets looking over the nearby Indian River. Your deeded beach access is right at the entrance to the community and right near the very large community pool and tennis courts. Located between 2 golf courses and just minutes from the local Publix... Welcome home !

Details

Property type

Single Family Residence

Est. home value

$972,478

Property condition

Updated/Remodeled

Lot size

0.5 acres

Price per sq ft

$422

Year built

2005

Annual property taxes

$7,928.52

Monthly HOA fee

$387

Price History

10/15/2024
BrevardMLS

BrevardMLS #1025309

Pending
$1,185,000
09/20/2024
BrevardMLS

BrevardMLS #1025309

Listed
$1,185,000
-1.25%
09/13/2024
BrevardMLS

BrevardMLS #1017718

Removed
$1,200,000

Schools & Community

Elementary school: 

Gemini

Middle school: 

Hoover

High school: 

Melbourne

Community features: 

Pool

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

$612,220
Asking price
$1,185,000
Closing costs (~8% of asking)
-$94,800
Est. remaining loan balance
-$477,980
Cash to seller
$612,220

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

November 2021

Original loan amount

$510,000

Est. remaining balance

$477,980

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Brian C Lajoie and Sage M Lajoie

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: Pending/Under Contract

Tomo last checked: 11/09/2024 at 11:35 AM

Listing updated: 11/04/2024 at 1:35 PM

Listed by: David Settgast, One Sotheby's International Phone #: (321) 984-3135

MLS: BrevardMLS #1025309

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