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$825,000

Beds
5
Baths
3.5
sq ft
3,557

705 River Oaks Ln, Merritt Island, FL 32953

705 River Oaks Ln

Merritt Island, FL 32953

  • 71 days on market
    • Price drop $25,000↓
Welcome to your dream home in Merritt Island! This stunning single-family home boasts 5 bedrooms, 3.5 bathrooms, and a 3-car garage, providing ample space for your family and guests. The in-ground pool is perfect for relaxing on hot summer days, while the corner lot offers privacy and plenty of outdoor space for entertaining. The interior features granite counters and stainless steel appliances, giving the kitchen a modern and luxurious feel. With community access to the Indian River, you can enjoy water activities and beautiful sunsets just steps from your front door. This home has been beautifully remodeled and sits on a spacious .94 acre lot, providing plenty of room for outdoor activities and enjoying the Florida sunshine. Both HVAC units were replaced in 2023. Don't miss out on this incredible opportunity to own a piece of paradise in Merritt Island!

Details

Property type

Single Family Residence

Est. home value

$807,243

Property condition

Updated/Remodeled

Lot size

0.94 acres

Price per sq ft

$232

Year built

1984

Annual property taxes

$7,984.39

Price History

06/29/2024
BrevardMLS

BrevardMLS #1012105

Price change
$825,000
-2.94%
06/12/2024
BrevardMLS

BrevardMLS #1012105

Price change
$850,000
-2.86%
05/30/2024
BrevardMLS

BrevardMLS #1012105

Price change
$875,000
-1.13%

Schools & Community

Elementary school: 

Mila

Middle school: 

Jefferson

High school: 

Merritt Island

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Midflorida Cu

Loan start date

June 2023

Original loan amount

$265,000

Est. remaining balance

Not provided

Interest rate

6.35%

Loan type

Stand Alone Second, 20 year

Seller

Joshua Fagan and Jade Fagan

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: 07/05/2024 at 9:00 PM

Listing updated: 06/29/2024 at 10:13 AM

Listed by: Ashley Westbrook, RE/MAX Solutions Phone #: (321) 766-5674

MLS: BrevardMLS #1012105

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