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$299,000

Beds
2
Baths
1.0
sq ft
1,211

1130 NW 70th Ln, Margate, FL 33063

1130 NW 70th Ln

Margate, FL 33063

  • 128 days on market
    • Price drop $10,000↓
GREAT 2 BEDROOM HOME ON A FABULOUS TROPICAL LOT WITH MANGO AN COCONUT PALM TREES* THE FRONT PATIO INVITES YOU INTO A SPACIOUS HOME WITH WOOD FLOORING THROUGH OUT*LARGE L SHAPED LIVING/ DINING ROOM*UPDATED KITCHEN*STAINLESS STEEL APPLIANCES*MASTER BEDROOM WITH A WALK-IN CLOSET*2nd BEDROOM HAS LOTS OF NATURAL LIGHTING*UPDATED BATHROOM WITH WALK-IN SHOWER*SUPER-SIZED FAMILY ROOM OVERLOOKS A HUGE OPEN PATIO*PLUS A SCREENED PORCH*LAUNDRY AREA WITH WASHER/DRYER AND A UTILITY SINK*1 CAR GARAGE*THIS IS A ACTIVE 55 PLUS COMMUNITY*FABULOUS CLUB HOUSE*HEATED SALT WATER POOL*CARD ROOM*EXERCISE ROOM*PLANNED ACTIVITIES*LOW MONTHLY MAINTENANCE $88. PER MONTH*700 CREDIT SCORE REQUIRED*24 MONTHS OF MAINTENANCE UP FRONT HELD FOR 2 YEARS*CAPITAL IMPROVEMENT FEE REQUIRED**

Details

Property type

Single Family Residence

Est. home value

$301,625

Lot size

4,400 sq ft

Price per sq ft

$247

Year built

1972

Annual property taxes

$4,012

Monthly HOA fee

$88

Price History

08/20/2024
Beaches

Beaches #F10438423

Listed
$299,000
06/23/2024
Beaches

Beaches #F10438423

Pending
$299,000
06/11/2024
Beaches

Beaches #F10438423

Price change
$299,000
-3.24%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse

Senior community center: 

Yes

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

$112,490
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$162,590
Cash to seller
$112,490

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

Seller’s Loan History

Lender

Success Mortgage Partners Inc

Loan start date

August 2019

Original loan amount

$180,500

Est. remaining balance

$162,590

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Joseph Frank Pompa

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: 09/13/2024 at 8:20 AM

Listing updated: 09/03/2024 at 5:31 PM

Listed by: Barbara Lasky, Berkshire Hathaway Florida Realty Phone #: (954) 752-5100

MLS: Beaches #F10438423

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