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$80,000

Beds
2
Baths
2.0
sq ft
1,050

12500 NE 15th Ave Unit 402, North Miami, FL 33161

12500 NE 15th Ave Unit 402

North Miami, FL 33161

  • 32 days on market
This is a 2 bedroom, 2 bathroom condo in Three Horizons East Condominium. Property offers an open balcony and common laundry offered by the community. This property is being sold via auction. List price is the starting bid price. This property is being sold under FIRST LOOK INITIATIVE meaning only Owner Occupant offers will be considered for the first 21 days of marketing. Once this period ends, all offers, including investor offers will be considered.

Details

Property type

Condominium

Est. home value

$282,119

Lot size

Unknown

Price per sq ft

$77

Year built

1972

Annual property taxes

$280

Monthly HOA fee

$392

Price History

05/31/2024
SEF

SEF #A11598743

Listed
$80,000

Schools & Community

Neighborhood: 

Central

Elementary school: 

David Lawrence Jr K-8

Middle school: 

North Miami

High school: 

Alonzo and Tracy Mourning Sr. High

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

-$131,330
Asking price
$80,000
Closing costs (~8% of asking)
-$6,400
Est. remaining loan balance
-$204,930
Cash to seller
-$131,330

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

October 2023

Original loan amount

$206,250

Est. remaining balance

$204,930

Interest rate

7.23%

Loan type

New Conventional, 30 year

Seller

Ronee Keyann Alvey and Khalu Moqbel Farhan Abdullah

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: 07/02/2024 at 7:10 PM

Listing updated: 06/04/2024 at 3:34 PM

Listed by: Eduardo Blanco, Stratwell, LLC Phone #: (305) 403-6430

MLS: SEF #A11598743

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