tomo logo

$925,000

Beds
4
Baths
3.5
sq ft
3,563

902 Nelson Dr, Melbourne, FL 32940

902 Nelson Dr

Melbourne, FL 32940

  • 209 days on market
    • Price drop $50,000↓
As the last home built in the prestigious neighborhood of The Legends in Suntree, the builder saved this private paradise for himself. Balancing the desire to enjoy tranquility, entertaining, and security, this home features a gourmet kitchen, private lanai, and hurricane-safe room. With 3587 square feet of living space, this 4-bedroom, 3.5-bath home with 3-car garage offers room to breathe and grow. The open floor-plan seamlessly connects the living areas while showcasing a multi-chef gourmet kitchen featuring gas Viking cooktop, GE Profile double oven, and Delta Touch faucets . As you step outside, the lanai is spacious, screened, and overlooks the heated salt pool and spa. And for those who want to be readily vigilant for anything Mother Nature sends this way, this concrete block-built home with hurricane-impact windows and safe room, is the envy of the neighborhood.

Details

Property type

Single Family Residence

Est. home value

$983,655

Lot size

0.33 acres

Price per sq ft

$260

Year built

2005

Monthly HOA fee

$20.83

Price History

10/20/2024
BrevardMLS

BrevardMLS #1016346

Price change
$925,000
-5.13%
10/03/2024
BrevardMLS

BrevardMLS #1016346

Price change
$975,000
-2.45%
08/17/2024
BrevardMLS

BrevardMLS #1016346

Price change
$999,500
-3.89%

Schools & Community

Elementary school: 

Suntree

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

$416,263
Asking price
$925,000
Closing costs (~8% of asking)
-$74,000
Est. remaining loan balance
-$434,737
Cash to seller
$416,263

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

June 2020

Original loan amount

$480,000

Est. remaining balance

$434,737

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Michael S Rogers and Katherine Ann Bailey

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: 12/24/2024 at 7:25 AM

Listing updated: 12/23/2024 at 2:50 AM

Listed by: Jason Engle, RE/MAX Solutions Phone #: (321) 766-5674

MLS: BrevardMLS #1016346

BrevardMLS logo

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