tomo logo

$385,000

Beds
3
Baths
2.0
sq ft
1,730

940 Butia St, Merritt Island, FL 32953

940 Butia St

Merritt Island, FL 32953

  • 9 days on market
Welcome to this beautifully updated 3-bed, 2-bath home located in the heart of Merritt Island! This charming property has been completely renovated with attention to every detail, offering a modern and stylish living space. The stunning kitchen features stainless steel appliances, perfect for both cooking and entertaining. The cast iron piping has been completely replaced. Each of the bathrooms has been thoughtfully updated with new fixtures, ensuring comfort and functionality. The home boasts luxurious vinyl plank floors throughout, providing durability and a sleek, modern look. Enjoy the outdoors with a spacious fenced backyard, ideal for family gatherings or relaxing in privacy. A covered patio adds the perfect touch for outdoor living, rain or shine. This home combines modern updates, convenience, and style in a highly desirable location, making it an exceptional opportunity for the next lucky owner. Don't miss out on the chance to make this home your own!

Details

Property type

Single Family Residence

Est. home value

$346,743

Property condition

Updated/Remodeled

Lot size

8,712 sq ft

Price per sq ft

$223

Year built

1963

Annual property taxes

$2,696.54

Price History

02/13/2025
BrevardMLS

BrevardMLS #1037269

Listed
$385,000
+10%
06/20/2024
BrevardMLS

BrevardMLS #1011382

Removed
$350,000
06/19/2024
BrevardMLS

BrevardMLS #1011382

Listed
$350,000

Schools & Community

Elementary school: 

Mila

Middle school: 

Jefferson

High school: 

Merritt Island

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

$164,872
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$189,328
Cash to seller
$164,872

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2020

Original loan amount

$210,600

Est. remaining balance

$189,328

Interest rate

3.51%

Loan type

New Conventional, 30 year

Seller

Alexis E Fajardo and Kelsey R Fajardo

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: 02/22/2025 at 9:25 PM

Listing updated: 02/14/2025 at 9:30 AM

Listed by: Brandon Thompson, Florida Lifestyle Realty LLC Phone #: (321) 613-5922

MLS: BrevardMLS #1037269

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