tomo logo

$450,000

Beds
2
Baths
1.0
sq ft
907

540 Marlyn Way, Madeira Beach, FL 33708

540 Marlyn Way

MADEIRA BEACH, FL 33708

  • 12 days on market
Excellent opportunity for redevelopment! Home can be re-built. Property being sold "As Is".

Details

Property type

Single Family Residence

Est. home value

$461,749

Lot size

6,172 sq ft

Price per sq ft

$497

Year built

1957

Annual property taxes

$353,304

HOA

No

Price History

01/21/2025
StellarMLS

StellarMLS #TB8336095

Price change
$450,000
+12.5%
01/19/2025
StellarMLS

StellarMLS #TB8336095

Price change
$400,000
-20%
01/10/2025
StellarMLS

StellarMLS #TB8336095

Listed
$500,000
+92.31%

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

$169,650
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$244,350
Cash to seller
$169,650

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

Seller’s Loan History

Lender

New Day Financial Llc

Loan start date

October 2020

Original loan amount

$269,762

Est. remaining balance

$244,350

Interest rate

2.93%

Loan type

VA, 30 year

Seller

Allan Bouchard Jr and Wendy Bouchard

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: 01/22/2025 at 3:05 PM

Listing updated: 01/21/2025 at 4:11 PM

Listed by: Kelly Lotze, COASTAL PROPERTIES GROUP INTERNATIONAL Phone #: (727) 493-1555

MLS: StellarMLS #TB8336095

StellarMLS logo

Recently listed in MADEIRA BEACH