tomo logo

$249,900

Beds
4
Baths
1.5
sq ft
1,134

816 Covina Way, Melbourne, FL 32901

816 Covina Way

Melbourne, FL 32901

  • 144 days on market
Well Maintained Concrete Block Home with 4 Bedrooms, 1.5 Baths Conveniently Located Near FIT, Shopping, Beaches, Schools, Hospital. Brand New HVAC System, Newer Roof, Newly Painted Interior, New Doors, New Appliances,and More.

Details

Property type

Single Family Residence

Est. home value

$186,966

Property condition

Fixer

Lot size

6,970 sq ft

Price per sq ft

$221

Year built

1971

Annual property taxes

$2,319.84

Price History

12/20/2024
BrevardMLS

BrevardMLS #1023615

Listed
$249,900
12/05/2024
BrevardMLS

BrevardMLS #1023615

Removed
$249,900
11/04/2024
BrevardMLS

BrevardMLS #1023615

Price change
$249,900
+11.07%

Schools & Community

Elementary school: 

Meadowlane

Middle school: 

Stone

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

$162,188
Asking price
$249,900
Closing costs (~8% of asking)
-$19,992
Est. remaining loan balance
-$67,720
Cash to seller
$162,188

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

October 2020

Original loan amount

$90,000

Est. remaining balance

$67,720

Interest rate

2.42%

Loan type

New Conventional, 15 year

Seller

Katrina Lashay Strand

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?

Similar Homes Nearby

Price drop
StellarMLS
$284,400
4 bd
|
2 ba
|
2,094 sq ft
|
House

404 Crown Blvd, Melbourne, FL 32901

BrevardMLS
$285,000
4 bd
|
2 ba
|
1,161 sq ft
|
House

905 Poplar Ln, Melbourne, FL 32901

Price drop
BrevardMLS
$272,900
4 bd
|
2 ba
|
1,764 sq ft
|
House

2262 Monroe St NE, Palm Bay, FL 32905

Status: Active

Tomo last checked: 01/22/2025 at 1:15 PM

Listing updated: 01/03/2025 at 3:59 PM

Listed by: Roy Kellner, Coldwell Banker Realty Phone #: (321) 259-5280

MLS: BrevardMLS #1023615

BrevardMLS logo

Recently listed in Melbourne

$470,000|3 bd|2.0 ba|House
$924,900|4 bd|3.0 ba|House
$839,900|4 bd|2.5 ba|House
$221,900|2 bd|1.0 ba|House
$799,900|5 bd|3.5 ba|House
$450,000|3 bd|2.0 ba|House
$574,900|3 bd|2.0 ba|House
$335,000|3 bd|2.0 ba|House