tomo logo

$750,000

Beds
4
Baths
3.0
sq ft
1,784

1001 SE 2nd Ave, Pompano Beach, FL 33060

1001 SE 2nd Ave

Pompano Beach, FL 33060

  • Pending
    • Price drop $20,000↓
Welcome to Cypress Park of Pompano Beach! Updated 4-bedroom, 3-bathroom residence is perfectly situated on a spacious corner lot, offering both privacy and curb appeal. With 1,784 sq. ft. of living space, this home boasts a host of modern upgrades. Features include impact windows and doors, new flat tile roof, updated kitchen and rejuvenated bedrooms and bathrooms. The property benefits from ongoing improvements, with a general contractor currently working on the final touches to ensure everything is perfect. Don’t miss this opportunity to own a move-in-ready home in a vibrant community. Schedule your showing today and experience the best of Pompano Beach living in Cypress Park!

Details

Property type

Single Family Residence

Est. home value

$605,686

Lot size

7,426 sq ft

Price per sq ft

$421

Year built

1966

Annual property taxes

$3,434

Price History

09/14/2024
Beaches

Beaches #F10454666

Pending
$750,000
09/11/2024
Beaches

Beaches #F10454666

Price change
$750,000
-2.6%
09/04/2024
Beaches

Beaches #F10454666

Price change
$770,000
-2.53%

Schools & Community

Neighborhood: 

Garden Isles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$516,835
Asking price
$750,000
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$173,165
Cash to seller
$516,835

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

October 2021

Original loan amount

$185,000

Est. remaining balance

$173,165

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Jeffrey J Gallagher and Jennifer A Gallagher

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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Beaches
$849,500
4 bd
|
2 ba
|
1,946 sq ft
|
House

361 SE 8th Ct, Pompano Beach, FL 33060

Status: Pending/Under Contract

Tomo last checked: 09/18/2024 at 7:40 PM

Listing updated: 09/14/2024 at 4:36 PM

Listed by: Anthony Diamond, National Pro Broker Phone #: (954) 907-8987

MLS: Beaches #F10454666

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