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$3,350,000

Beds
7
Baths
5.0
sq ft
5,758

12851 Luray Rd, Southwest Ranches, FL 33330

12851 Luray Rd

Southwest Ranches, FL 33330

  • 16 days on market
PRICED TO MATCH RECENT APPRAISAL. RESIDENTIAL RETREAT IN QUIET SUNSHINE RANCHES NEIGHBORHOOD, FEATURING 2 SEPARATE STRUCTURES, NESTLED ON A FULLY FENCED & GATED 2.2 ACRES. MAIN HOUSE (5 BED/3.5 BATH) BOASTS 3000+ LIVING SQUARE FEET, OVERFLOWING WITH NATURAL LIGHT, VOLUME CEILINGS, GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES, 2-CAR GARAGE AND EXPANSIVE DRIVEWAY WITH AMPLE PARKING. DETACHED STRUCTURE (2 BED/1.5 BATH GUEST HOUSE) FEATURES 1300+ SQUARE FEET, STORAGE ROOM, LAUNDRY ROOM, A 3-PERSON JACUZZI HOT TUB, AND MORE. IDEAL FOR LARGE FAMILIES WHO DESIRE PRIVACY, OR INCOME POTENTIAL. NEAR GREAT SCHOOLS, I-75, AND THE FL TURNPIKE.

Details

Property type

Single Family Residence

Est. home value

$1,906,042

Lot size

2.2 acres

Price per sq ft

$582

Year built

2004

Annual property taxes

$24,905

Price History

12/06/2024
SEF

SEF #A11705098

Listed
$3,350,000
-2.9%
07/19/2024
SEF

SEF #A11588605

Removed
$3,450,000
07/12/2024
SEF

SEF #A11588605

Price change
$3,450,000
-8%

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

$1,965,783
Asking price
$3,350,000
Closing costs (~8% of asking)
-$268,000
Est. remaining loan balance
-$1,116,217
Cash to seller
$1,965,783

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

$1,116,217

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: 12/23/2024 at 2:00 AM

Listing updated: 12/06/2024 at 4:25 PM

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

MLS: SEF #A11705098

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