tomo logo

$390,000

Beds
4
Baths
2.0
sq ft
1,796

971 Lexington St NE, Palm Bay, FL 32907

971 Lexington St NE

Palm Bay, FL 32907

  • Pending
This beautiful, freshly painted home boasts nearly a quarter-acre lot with screened-in pool, plenty of backyard space, granite counters, vinyl plank flooring and two separate living spaces. Split plan, indoor laundry, 2020 roof, pool shower and even a full generator hookup in the back patio area! Porch is under truss, plumerias abound and an outdoor shower completes the backyard oasis. Great news - this home is being converted from septic to sewer by the City of Palm Bay asap and the grant to pay for this is already in place! Simply move in and enjoy your beautiful new home. It's a must see! Bonus - there is a 3.25% assumable fixed loan on this home for VA buyers as well!

Details

Property type

Single Family Residence

Est. home value

$381,640

Property condition

Updated/Remodeled

Lot size

0.23 acres

Price per sq ft

$218

Year built

1989

Price History

02/27/2025
BrevardMLS

BrevardMLS #1036295

Pending
$390,000
02/08/2025
BrevardMLS

BrevardMLS #1036295

Listed
$390,000
+25.81%
04/07/2021
BrevardMLS

BrevardMLS #897635

Sold
$310,000
+129.63%

Schools & Community

Elementary school: 

Lockmar

Middle school: 

Southwest

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

$85,188
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$273,612
Cash to seller
$85,188

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

April 2021

Original loan amount

$300,000

Est. remaining balance

$273,612

Interest rate

2.81%

Loan type

VA, 30 year

Seller

Paul Collins and Piper Collins

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: Pending/Under Contract

Tomo last checked: 03/29/2025 at 9:05 AM

Listing updated: 02/27/2025 at 5:03 PM

Listed by: Tina Lange, Ruth James FL Phone #: (321) 458-7631

MLS: BrevardMLS #1036295

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