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

  • 84 days on market
Great Investment Home! Concrete Block Construction with 4 Bedrooms, 1.5 Baths Conveniently Located Near FIT, Shopping, Beaches, Schools, Hospital, Etc. 4 Year Roof, New Electrical Panel, Repainted Interior, New Doors, New Appliances.. Being Sold AS-IS.

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

11/04/2024
BrevardMLS

BrevardMLS #1023615

Price change
$249,900
+11.07%
10/28/2024
BrevardMLS

BrevardMLS #1023615

Listed
$225,000
09/27/2024
BrevardMLS

BrevardMLS #1023615

Pending
$225,000

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

$161,271
Asking price
$249,900
Closing costs (~8% of asking)
-$19,992
Est. remaining loan balance
-$68,637
Cash to seller
$161,271

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

$68,637

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?

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Status: Active

Tomo last checked: 11/23/2024 at 10:30 AM

Listing updated: 11/13/2024 at 12:23 AM

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

MLS: BrevardMLS #1023615

BrevardMLS logo

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