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$495,000

Beds
3
Baths
2.0
sq ft
1,250

5565 Cord Grass Ln, Melbourne Beach, FL 32951

5565 Cord Grass Ln

Melbourne Beach, FL 32951

  • 437 days on market
    • Price drop $20,000↓
MUST SELL BEFORE THE END OF THE YEAR, SO LET'S MAKE A DEAL!!~ Here's your chance to purchase a piece of paradise for a fraction of the price. This is the only fully furnished or ''not'' ~ 3bd./2bth./2 car garage townhome in Melbourne Beach under $550k ((NOW~$495k)). This coastal inspired home has brand new Luxury Vinyl Light Oak floors throughout the home, and shiplap walls in the living areas. It has everything you need- Forks to Flat Screens, washer & dryer, screened lanai, even Fishing Gear- so you can start living your Best Beach life. Located in the ''Active'' Ocean to River Community ~ South Shores ~ low HOA's ($275), weekly Happy Hour, themed parties at the Community Pool Pavilion, Docks for Fishing & Sunsets, Private Boat Lifts, Kayak Launch, Har-Tru Tennis Courts, and Private Beach Access. Watch the Sunrise on the Atlantic - Sunset on the Indian River. Monthly Rental -OK. (Agent Owned) ~ Call today to start your permanent Vacay :^).

Details

Property type

Townhouse

Est. home value

$550,243

Lot size

3,049 sq ft

Price per sq ft

$396

Year built

1999

Annual property taxes

$4,320.36

Monthly HOA fee

$275

Price History

10/22/2024
BrevardMLS

BrevardMLS #1011833

Price change
$495,000
-3.88%
10/17/2024
BrevardMLS

BrevardMLS #1011833

Price change
$515,000
-5.5%
10/14/2024
BrevardMLS

BrevardMLS #1011833

Listed
$545,000

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

$244,294
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$211,106
Cash to seller
$244,294

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

February 2020

Original loan amount

$232,900

Est. remaining balance

$211,106

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

Francine Postiglione and Brenton Sanders Conoway

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: 11/23/2024 at 9:45 AM

Listing updated: 11/13/2024 at 6:22 AM

Listed by: Brenton Conaway, Real Broker LLC Phone #: (855) 450-0442

MLS: BrevardMLS #1011833

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