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$475,000

Beds
3
Baths
1.0
sq ft
1,075

1341 NW 5th Ave, Fort Lauderdale, FL 33311

1341 NW 5th Ave

Fort Lauderdale, FL 33311

  • 38 days on market
    • Price drop $25,000↓
Welcome Home! This renovated property in the desirable South Middle River neighborhood boasts a newer roof, impact windows and doors, A/C, appliances, and sleek kitchen cabinets with quartz countertops, making it truly turnkey. Start your mornings with a cup of coffee on the charming front porch, and unwind after work with a beer or wine on the covered terrace. The large backyard is perfect for entertaining, with plenty of room for a pool and space to expand for extra living areas. Ideally located just minutes from downtown, the beach, and major highways, this home offers modern comforts and convenience in a prime location. Schedule your viewing today!

Details

Property type

Single Family Residence

Est. home value

$466,786

Property condition

Updated/Remodeled

Lot size

6,751 sq ft

Price per sq ft

$442

Year built

1951

Annual property taxes

$5,231

Price History

06/10/2024
SEF

SEF #A11594994

Price change
$475,000
-5%
05/28/2024
SEF

SEF #A11594994

Listed
$500,000
+72.41%
07/10/2020
Beaches

Beaches #F10205413

Sold
$290,000
+107.14%

Schools & Community

Neighborhood: 

South Middle River

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

$175,715
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$261,285
Cash to seller
$175,715

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

July 2020

Original loan amount

$284,747

Est. remaining balance

$261,285

Interest rate

3.24%

Loan type

FHA, 30 year

Seller

Erick Villeda Arrazola and Helen J Villeda

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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1624 NW 7th Ave, Fort Lauderdale, FL 33311

Status: Active

Tomo last checked: 07/04/2024 at 9:40 PM

Listing updated: 06/10/2024 at 7:33 AM

Listed by: Jose Fernandez, Keller Williams Realty SW Phone #: (954) 237-0400

MLS: SEF #A11594994

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