tomo logo

$225,000

Beds
3
Baths
2.0
sq ft
1,026

7749 South Dr, Melbourne, FL 32904

7749 South Dr

Melbourne, FL 32904

  • 35 days on market
FIRE SALE! An adorable three bedroom and two bathroom home on .83 of an acre. The property had a fire in October of 2024. The interior and exterior of the laundry room were damaged. New kitchen cabinets and granite countertops. Wood flooring. Gas fireplace. Lots of room for RV or a boat. ARV of the property is $353,900. Huge opportunity for an investor or an owner willing to make the repairs.

Details

Property type

Single Family Residence

Est. home value

$355,707

Lot size

0.83 acres

Price per sq ft

$220

Year built

1957

Annual property taxes

$2,536.62

Price History

01/27/2025
BrevardMLS

BrevardMLS #1035495

Listed
$225,000
-6.25%
03/16/2020
BrevardMLS

BrevardMLS #866230

Sold
$240,000

Schools & Community

Elementary school: 

Roy Allen

Middle school: 

Central

High school: 

Melbourne

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

$13,717
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$193,283
Cash to seller
$13,717

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

Seller’s Loan History

Lender

Keller Mortgage Llc

Loan start date

March 2020

Original loan amount

$215,000

Est. remaining balance

$193,283

Interest rate

3.51%

Loan type

New Conventional, 30 year

Seller

Sarah Mabel Pope

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: 03/03/2025 at 4:40 PM

Listing updated: 01/28/2025 at 10:15 AM

Listed by: Todd Red, Waterman Real Estate, Inc. Phone #: (321) 215-2100

MLS: BrevardMLS #1035495

BrevardMLS logo

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