tomo logo

$389,000

Beds
3
Baths
2.0
sq ft
1,458

8393 Loren Cove Dr, Melbourne, FL 32940

8393 Loren Cove Dr

Melbourne, FL 32940

  • 119 days on market
Great open floor plan featuring 3 bedrooms, 2 bathrooms, large breakfast bar, inside laundry. Large walk-in closet. Large 2 car garage. Close to shopping, restaurants and great schools. The Clubhouse Offers many amenities to enjoy.

Details

Property type

Townhouse

Est. home value

$458,685

Lot size

4,356 sq ft

Price per sq ft

$267

Year built

2020

Annual property taxes

$687.75

Monthly HOA fee

$433

Price History

11/05/2024
BrevardMLS

BrevardMLS #1028763

Listed
$389,000
+27.07%
12/17/2020
BrevardMLS

BrevardMLS #861944

Sold
$306,136

Schools & Community

Elementary school: 

Quest

Middle school: 

DeLaura

High school: 

Viera

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

$116,737
Asking price
$389,000
Closing costs (~8% of asking)
-$31,120
Est. remaining loan balance
-$241,143
Cash to seller
$116,737

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

Seller’s Loan History

Lender

Bay Equity Llc

Loan start date

December 2020

Original loan amount

$266,136

Est. remaining balance

$241,143

Interest rate

2.81%

Loan type

VA, 30 year

Seller

Maureen Greene Rasmussen

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: 03/04/2025 at 2:25 AM

Listing updated: 01/17/2025 at 3:02 PM

Listed by: Charlotte M Lux, Dale Sorensen Real Estate Inc. Phone #: (321) 421-7550

MLS: BrevardMLS #1028763

BrevardMLS logo

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