tomo logo

$265,000

Beds
4
Baths
2.0
sq ft
1,161

905 Poplar Ln, Melbourne, FL 32901

905 Poplar Ln

Melbourne, FL 32901

  • 95 days on market
    • Price drop $4,900↓
Fully Updated and ASSUMABLE VA MORTGAGE 5.375% Spacious Move in Ready 4-Bedroom 2 bath Home Near FIT - Ideal for Students or Investment! Located just minutes from the Florida Institute of Technology, shopping centers, and beautiful beaches, this freshly painted 4-bedroom, 2-bath home is perfect for students, families, or as a rental property. Featuring a versatile bonus room and a fully fenced yard, there's plenty of space both inside and out. Major updates were completed in 2022, including a full renovation of the kitchen, bathrooms, and flooring. The roof was replaced in May 2022 along with plumbing, electrical systems and a new AC system with all new ductwork in June 2022—providing comfort and peace of mind for years to come. This is a move in ready home with no HOA. VA assumable mortgage at 5.375%.

Details

Property type

Single Family Residence

Est. home value

$249,756

Property condition

Updated/Remodeled

Lot size

7,405 sq ft

Price per sq ft

$229

Year built

1970

Annual property taxes

$3,640.98

Price History

03/26/2025
BrevardMLS

BrevardMLS #1032641

Price change
$265,000
-1.82%
03/19/2025
BrevardMLS

BrevardMLS #1032641

Price change
$269,900
-1.85%
03/11/2025
BrevardMLS

BrevardMLS #1032641

Price change
$275,000
-3.51%

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

$14,651
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$229,149
Cash to seller
$14,651

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

February 2023

Original loan amount

$235,000

Est. remaining balance

$229,149

Interest rate

6.33%

Loan type

VA, 30 year

Seller

Bianca Brazel and Jack A Brazel

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?

Status: Active

Tomo last checked: 03/31/2025 at 6:10 PM

Listing updated: 03/31/2025 at 2:05 PM

Listed by: Tina M Bennett, Denovo Realty Phone #: (321) 237-1887

MLS: BrevardMLS #1032641

BrevardMLS logo

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