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$3,395,000

Beds
7
Baths
5.0
sq ft
5,758

12851 Luray Rd, Southwest Ranches, FL 33330

12851 Luray Rd

Southwest Ranches, FL 33330

  • 127 days on market
    • Price drop $55,000↓
Newly Priced, Recently Appraised. Rarely available property in Southwest Ranches, featuring an expansive pool home (5 bed/3.5 bath) and a detached guest house (2 bed plus Office, 1.5 bath). Fully fenced 2.2 acres with tropical and exotic fruit trees, plus a citrus grove with agricultural classification. Main house boasts over 3,000 living sq ft, overflowing with natural light, volume ceilings, granite countertops, stainless-steel appliances, and 2-car garage. The primary suite includes a walk-in closet, dual sinks, jet tub, and separate shower. The guest house boasts over 1,300 sq ft, a 3-person Jacuzzi spa, laundry room, storage, and more. Ideal for multi-generational living or income potential, near great schools, I-75, and the FL Turnpike. Welcome to a true gem!

Details

Property type

Single Family Residence

Est. home value

$1,906,042

Lot size

2.2 acres

Price per sq ft

$590

Year built

2004

Annual property taxes

$24,905

Price History

11/15/2024
SEF

SEF #A11625710

Price change
$3,395,000
-1.59%
07/18/2024
SEF

SEF #A11625710

Listed
$3,450,000
+130%
10/27/2021
SEF

SEF #A11078654

Sold
$1,500,000

Schools & Community

Elementary school: 

Hawkes Bluff

Middle school: 

Silver Trail

High school: 

West Broward

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

$2,004,879
Asking price
$3,395,000
Closing costs (~8% of asking)
-$271,600
Est. remaining loan balance
-$1,118,521
Cash to seller
$2,004,879

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

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

October 2021

Original loan amount

$1,200,000

Est. remaining balance

$1,118,521

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Mailin Martinez and Julio Martinez

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: 11/22/2024 at 6:15 PM

Listing updated: 11/16/2024 at 5:05 PM

Listed by: Roselin Sotero, One Sotheby's International Realty Phone #: (305) 666-0562

MLS: SEF #A11625710

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Recently listed in Southwest Ranches