tomo logo

$919,000

Beds
4
Baths
3.5
sq ft
3,691

8196 Lyside Dr, Melbourne, FL 32940

8196 Lyside Dr

Melbourne, FL 32940

  • 148 days on market
    • Price drop $10,000↓
MOTIVATED SELLER! LARGE CLOSING COST CONCESSION with acceptable offer! Glorious Florida/Spanish architecture greets you in this imposing beauty nestled in exclusive Reeling Park South, just minutes from Pineda, wonderful restaurants, shopping & amenities. Upon entry, the volume ceilings & stunning black metal staircase railing with overlooking loft & catwalk strike onlookers with grandeur. The upgrades are endless: gourmet kitchen with gas cooktop including indoor grill & exhaust hood; tile backsplash to ceiling; porcelain sink; level 4 granite runs through entire home including the spacious laundry suite, butler's pantry area & bathrooms; level 5 cabinets throughout including baths & laundry; 4 beds PLUS OFFICE with glass French doors; TWO PRIMARY SUITES; planked tile & beautiful summer kitchen on back porch, all combine to make this one a show-stopper! This home is included in the amenity-rich Addison Village Club, which is walking distance or a quick golf cart ride away.

Details

Property type

Single Family Residence

Est. home value

$728,794

Lot size

8,276 sq ft

Price per sq ft

$249

Year built

2022

Annual property taxes

$9,466.37

Monthly HOA fee

$40

Price History

11/07/2024
BrevardMLS

BrevardMLS #1019110

Price change
$919,000
-1.08%
10/16/2024
BrevardMLS

BrevardMLS #1019110

Price change
$929,000
-1.06%
09/30/2024
BrevardMLS

BrevardMLS #1019110

Price change
$939,000
-1.05%

Schools & Community

Elementary school: 

Unknown

Middle school: 

DeLaura

High school: 

Viera

Community features: 

Pool

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

$295,324
Asking price
$919,000
Closing costs (~8% of asking)
-$73,520
Est. remaining loan balance
-$550,156
Cash to seller
$295,324

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

Seller’s Loan History

Lender

Clearedge Lending Llc

Loan start date

July 2022

Original loan amount

$569,360

Est. remaining balance

$550,156

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

Cuong Hoang and Phuong Thai

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: 11/08/2024 at 11:50 AM

Listing updated: 11/07/2024 at 5:55 PM

Listed by: Patricia Spangler, HomeSmart Coastal Realty Phone #: (321) 348-9528

MLS: BrevardMLS #1019110

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