tomo logo

$489,000

Beds
3
Baths
1.0
sq ft
978

1136 NW 7th Ter, Fort Lauderdale, FL 33311

1136 NW 7th Ter

Fort Lauderdale, FL 33311

  • <1 day on market
    • Open house Feb 02
Charming 3-Bedroom, 1-Bathroom Home in the Heart of Fort Lauderdale! This cozy, updated home offers the perfect blend of modern comfort and outdoor appeal. Featuring 3 bedrooms and a beautifully updated chef’s kitchen. This home is move-in ready. The brand-new solar panels ensure energy efficiency, while the large yard, complete with fruit trees, provides a serene outdoor space to enjoy. Beautiful original terrazzo floors add timeless charm throughout. Prime Fort Lauderdale location, just minutes from stunning beaches, FLL airport and major highways. Additional features include hurricane shutters for peace of mind and the benefit of an assumable FHA loan at 5.75%! Whether you're looking to relax in your private oasis or explore the best of South Florida, this home offers it all.

Details

Property type

Single Family Residence

Est. home value

$451,829

Lot size

6,748 sq ft

Price per sq ft

$500

Year built

1956

Annual property taxes

$6,089

Price History

01/31/2025
SEF

SEF #A11735620

Listed
$489,000
+16.71%
07/15/2022
Beaches

Beaches #F10332933

Sold
$419,000
+45.74%
04/18/2022
Beaches

Beaches #F10318020

Sold
$287,500

Schools & Community

Neighborhood: 

South Middle River

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

$53,961
Asking price
$489,000
Closing costs (~8% of asking)
-$39,120
Est. remaining loan balance
-$395,919
Cash to seller
$53,961

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

July 2022

Original loan amount

$411,410

Est. remaining balance

$395,919

Interest rate

5.1%

Loan type

FHA, 30 year

Seller

Chad Silbert and Rebecca Wurster

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?

Status: Active

Tomo last checked: 02/01/2025 at 1:40 AM

Listing updated: 01/31/2025 at 10:35 PM

Listed by: Nicholas Cecchetto, Realty Executives of South Florida Phone #: (954) 804-5668

MLS: SEF #A11735620

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