tomo logo

$385,000

Beds
3
Baths
2.0
sq ft
2,220

550 Carol Dr NE, Palm Bay, FL 32907

550 Carol Dr NE

Palm Bay, FL 32907

  • 55 days on market
    • Price drop $14,000↓
Beautifully Remodeled Home in Lockmar Estates, Palm Bay. Welcome to this stunning, fully remodeled 3-bedroom, 2-bath home in the desirable Lockmar Estates community in Palm Bay. Spanning 2,220 square feet, this residence offers ample space and modern amenities for comfortable living.Step inside to discover a beautifully updated interior with tile flooring. The open and inviting floor plan features recessed lighting, enhancing the bright and airy feel of the home. The kitchen is a chef's dream, boasting modern appliances, ample cabinetry, and a spacious layout perfect for entertaining. The adjoining living and dining areas create a seamless flow, ideal for gatherings and family time. Each of the three bedrooms is generously sized, providing a relaxing retreat at the end of the day. The bathrooms have been tastefully updated with contemporary fixtures and finishes, adding to the overall elegance of the home. One of the standout features of this property is the brand-new roof and hurricane rated garage door ensuring peace of mind for years to come. Located in a sought-after neighborhood, this home offers convenient access to local amenities, schools, and parks. Whether you're looking for a family home or a tranquil retreat, this property is a must-see. Don't miss the opportunity to own this beautiful home in Lockmar Estates. Schedule your showing today and experience the perfect blend of style and comfort!

Details

Property type

Single Family Residence

Est. home value

$373,908

Property condition

Updated/Remodeled

Lot size

0.26 acres

Price per sq ft

$174

Year built

1991

Annual property taxes

$2,864.72

Price History

08/23/2024
BrevardMLS

BrevardMLS #1020690

Price change
$385,000
-3.51%
08/06/2024
BrevardMLS

BrevardMLS #1020690

Listed
$399,000
+111.33%
06/21/2016
BrevardMLS

BrevardMLS #750341

Sold
$188,800

Schools & Community

Elementary school: 

Lockmar

Middle school: 

Central

High school: 

Palm Bay

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

$262,937
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$91,263
Cash to seller
$262,937

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

Seller’s Loan History

Lender

Community Cu Of Florida

Loan start date

June 2016

Original loan amount

$179,360

Est. remaining balance

$91,263

Interest rate

2.86%

Loan type

New Conventional, 15 year

Seller

Thomas M Morgan

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: 09/18/2024 at 8:10 PM

Listing updated: 08/28/2024 at 11:50 AM

Listed by: Elisha George Nelson, BHHS Florida Realty Phone #: (321) 768-7600

MLS: BrevardMLS #1020690

BrevardMLS logo

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