tomo logo

$315,000

Beds
3
Baths
2.0
sq ft
1,415

1013 NE 5th Ave, Homestead, FL 33030

1013 NE 5th Ave

Homestead, FL 33030

  • 349 days on market
    • Price drop $25,000↓
ALL title issues and probate finally resolved. Single-family home in Homestead zoned duplex. Long-term tenants using 2/1. The property has an additional 2/1 section that needs repairs. Great for a seasoned investor. Cash or hard equity only, buyer must use Titlelogic for closing. Title has been prepared and its ready. Property sold as is, closing on or before 20 days.

Details

Property type

Single Family Residence

Est. home value

$328,052

Lot size

6,850 sq ft

Price per sq ft

$223

Year built

1945

Annual property taxes

$1,066

Price History

07/01/2024
SEF

SEF #A11424438

Listed
$315,000
06/07/2024
SEF

SEF #A11424438

Pending
$315,000
05/22/2024
SEF

SEF #A11424438

Listed
$315,000

Schools & Community

Elementary school: 

West Homestead

Middle school: 

Homestead

High school: 

South Dade

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

Seminole Funding Inc

Loan start date

June 2007

Original loan amount

$292,500

Est. remaining balance

Not provided

Interest rate

5.95%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 83 year

Seller

Pedro J Torres and Juana Altreche Torres

Lender

Seminole Funding Inc

Loan start date

June 2007

Original loan amount

$292,500

Est. remaining balance

Not provided

Interest rate

5.95%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 83 year

Seller

Pedro J Torres and Juana Altreche Torres

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: 07/04/2024 at 10:55 PM

Listing updated: 07/01/2024 at 3:34 PM

Listed by: Lazaro Rodriguez, Canvas Real Estate Phone #: (305) 595-6804

MLS: SEF #A11424438

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