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$879,000

Beds
4
Baths
3.0
sq ft
2,125

1201 SE 7th Ave, Pompano Beach, FL 33060

1201 SE 7th Ave

Pompano Beach, FL 33060

  • 87 days on market
    • Price drop $70,000↓
This charming 4-bedroom, 3-bathroom single-family home is located in the Cypress Lake neighborhood of Pompano Beach. The home features an open floor plan with oversized porcelain tile in the main living areas. Recently renovated the home features impact windows throughout, open concept kitchen with high-quality Samsung appliances. The master suite and second bedroom are both en-suite, providing added privacy and comfort. The backyard is ideal for entertaining, complete with an outdoor kitchen and a beautiful pool. Two driveways provide ample parking, and the property includes two mature avocado trees, adding a touch of natural charm.

Details

Property type

Single Family Residence

Est. home value

$714,949

Lot size

0.24 acres

Price per sq ft

$414

Year built

1964

Annual property taxes

$12,561

Price History

12/18/2024
Beaches

Beaches #F10461728

Price change
$879,000
-7.38%
11/11/2024
Beaches

Beaches #F10461728

Price change
$949,000
-3.65%
09/26/2024
Beaches

Beaches #F10461728

Listed
$985,000
+53.93%

Schools & Community

Neighborhood: 

Cypress Lakes

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

$424,256
Asking price
$879,000
Closing costs (~8% of asking)
-$70,320
Est. remaining loan balance
-$384,424
Cash to seller
$424,256

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

August 2022

Original loan amount

$396,738

Est. remaining balance

$384,424

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

Adam Dekel

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: 12/22/2024 at 3:05 PM

Listing updated: 12/17/2024 at 9:05 PM

Listed by: Vito Labalestra, Compass Florida, LLC Phone #: (305) 851-2820

MLS: Beaches #F10461728

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