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$190,000

Beds
2
Baths
2.0
sq ft
920

116 Lake Emerald Dr Unit 308, Oakland Park, FL 33309

116 Lake Emerald Dr Unit 308

Oakland Park, FL 33309

  • 1 day on market
Spectacular views, split floor plan, VERY MOTIVATED SELLER. Great resort amenities. 3 heated pools, 3 Jacuzzis, 24/7 well equipped gym. tennis, basketball, barbecue area w tiki huts, poolside bar and grill, indoor restaurant and lounge area, art room, library with free wifi. Pet friendly community: 2<25 lbs. Ideal forever home or the perfect winter rescue. clubhouse, tennis, boating (moor your boat right in front of your patio.) Art studio, bingo. Jog, walk or bike around Broward County's largest lake. Art studio. HOA includes Comcast's fastest internet & OnDemand for 2 TVs. Lake Emerald is unique in all of South Florida, an absolutely wonderful place to come home to. Close to the Beach, Las Olas, Wilton Drive, the airport & all major highways. 680 credit score required.

Details

Property type

Condominium

Est. home value

$215,240

Lot size

Unknown

Price per sq ft

$207

Year built

1983

Annual property taxes

$3,485

Monthly HOA fee

$675

Price History

10/07/2024
Beaches

Beaches #F10464217

Listed
$190,000
-2.06%
09/28/2024
Beaches

Beaches #R11003728

Removed
$194,000
08/05/2024
Beaches

Beaches #R11003728

Price change
$194,000
-2.51%

Schools & Community

Neighborhood: 

Lake Emerald

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Number of units in community: 

536

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

$128,961
Asking price
$190,000
Closing costs (~8% of asking)
-$15,200
Est. remaining loan balance
-$45,839
Cash to seller
$128,961

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

Seller’s Loan History

Lender

Abn Amro Mortgage Group Inc

Loan start date

April 2004

Original loan amount

$90,000

Est. remaining balance

$45,839

Interest rate

5.58%

Loan type

Not Provided, 30 year

Seller

Russell T Doe

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: 10/07/2024 at 10:55 PM

Listing updated: 10/07/2024 at 7:16 PM

Listed by: Michael Winer, Charles Rutenberg Realty FTL Phone #: (954) 396-3001

MLS: Beaches #F10464217

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