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$950,000

Beds
3
Baths
2.0
sq ft
1,338

1315 NE 16th Ave, Fort Lauderdale, FL 33304

1315 NE 16th Ave

Fort Lauderdale, FL 33304

  • <1 day on market
Welcome to 1315 NE 16th Ave, Fort Lauderdale, FL - a stunning single-family home that has been meticulously renovated from top to bottom, offering a perfect blend of modern sophistication and comfortable living. Spanning 1,338 square feet, this fully furnished gem boasts 3 spacious bedrooms, 2 luxurious bathrooms, and an inviting layout with eastern exposure that drenches the home in natural light.Step inside to discover an open kitchen that will inspire your inner chef, featuring a breakfast bar, island kitchen, and top-of-the-line stainless steel appliances including an electric oven, dishwasher, cooktop, and refrigerator. The recessed lighting throughout the home adds a touch of elegance and warmth to every room...

Details

Property type

Single Family Residence

Est. home value

$841,452

Lot size

6,751 sq ft

Price per sq ft

$711

Year built

1951

Annual property taxes

$14,146

Price History

10/01/2024
Beaches

Beaches #R11025331

Listed
$950,000
+7.95%
08/03/2023
SEF

SEF #A11376810

Sold
$880,000
+3.77%
03/07/2022
SEF

SEF #A11148067

Sold
$848,000
+90.56%

Schools & Community

Neighborhood: 

Poinsettia Heights

Elementary school: 

Bennett

Middle school: 

Sunrise

High school: 

Fort Lauderdale

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

$222,316
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$651,684
Cash to seller
$222,316

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

July 2023

Original loan amount

$660,000

Est. remaining balance

$651,684

Interest rate

6.71%

Loan type

New Conventional, 30 year

Seller

Errol Roy

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: 10/01/2024 at 3:25 PM

Listing updated: 10/01/2024 at 1:11 PM

Listed by: Erica Lee Sturtze, Compass Florida LLC Phone #: (305) 851-2820

MLS: Beaches #R11025331

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