tomo logo

$290,000

Beds
2
Baths
2.0
sq ft
1,594

921 Ridge Lake Dr, Melbourne, FL 32940

921 Ridge Lake Dr

Melbourne, FL 32940

  • 109 days on market
    • Price drop $20,000↓
Priced to sell quickly at $290,000! Welcome to 921 Ridge Lake Drive, an incredible opportunity in the highly sought-after Quail Ridge community of Suntree. This one-level court yard townhome is perfect for a fix-and-flip or a buyer ready to customize their dream space over time. Key updates include a 2018 HVAC, 2023 water line replacement and rerouting, and 2017 Pioneer Square waterproof laminate flooring. The kitchen appliances (refrigerator, dishwasher, and range) were replaced in 2017, and the Florida room features motorized blinds installed in 2018. The home's major systems are in excellent condition, giving you the perfect foundation for updates to the kitchen and baths. The layout includes 2 bedrooms, 2 baths, and a detached 2-car garage with space for additional storage or a golf cart. The private front courtyard and end-of-street location offer a tranquil retreat, while the Florida room adds versatile living space. Located minutes from Suntree Country Club, f This hidden gem is nestled at the end of a peaceful street, offering unmatched privacy, while still being just minutes from Suntree Country Club (membership required), top-notch dining, shopping, and the beautiful Atlantic beaches. With easy access to Patrick Space Force Base, Cape Canaveral, and Port Canaveral, this location is also a commuter's dreamDisney World is just an hour away! Incredible value at a great price point for such an unbeatable location and home. Ready to make it yours? Investors welcome

Details

Property type

Townhouse

Est. home value

$360,210

Lot size

3,485 sq ft

Price per sq ft

$182

Year built

1988

Annual property taxes

$2,278.03

Monthly HOA fee

$475

Price History

01/20/2025
BrevardMLS

BrevardMLS #1026732

Price change
$290,000
-6.45%
12/04/2024
BrevardMLS

BrevardMLS #1026732

Price change
$310,000
-4.62%
10/31/2024
BrevardMLS

BrevardMLS #1026732

Price change
$325,000
-7.14%

Schools & Community

Elementary school: 

Suntree

Middle school: 

DeLaura

High school: 

Viera

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Flagstar Bank Fsb

Loan start date

September 2020

Original loan amount

$189,000

Est. remaining balance

$170,688

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Myrna A Mcknight

Lender

Southwest Funding Lp

Loan start date

October 2017

Original loan amount

$195,395

Est. remaining balance

$166,148

Interest rate

3.78%

Loan type

FHA, 30 year

Seller

Myrna A Mcknight

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: 01/23/2025 at 12:50 AM

Listing updated: 01/20/2025 at 5:15 PM

Listed by: Robin E. Ingenito, Keller Williams Realty Brevard Phone #: (321) 259-1170

MLS: BrevardMLS #1026732

BrevardMLS logo

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