tomo logo

$550,000

Beds
4
Baths
2.0
sq ft
1,260

1345 NW 7th Ave, Fort Lauderdale, FL 33311

1345 NW 7th Ave

Fort Lauderdale, FL 33311

  • 52 days on market
    • Price drop $25,000↓
Large corner lot on one-way street nestled between Wilton Manors & Downtown Fort Lauderdale in appreciating area of South Middle River. 4 bed (per tax roll) 2 bath (currently used as 3 bed). Large primary suite w/ walk-in closet & spa bath w/ double vanity, rain shower & bench w/ doors opens to private patio. 2018 Elec Panel, Plumbing, Impact Windows & Doors, AC & Ducts; 2011, 2018-19 Roof; Insulation, Floors & Tankless h2O Heater; fresh Paint. Split plan. Oversized open concept kitchen w/ slow-close shaker cabinets & storage, stainless appliances, slide in range/hood, quartz counters, marble backsplash, counter seating, wine cooler. Gorgeous patio w/ covered area overlooking mature garden w/ wrap around patio to built in bar area, leads to attached utility shed. Fruit trees; X Flood Zone

Details

Property type

Single Family Residence

Est. home value

$566,124

Property condition

Updated/Remodeled

Lot size

6,751 sq ft

Price per sq ft

$437

Year built

1951

Annual property taxes

$8,552

Price History

06/30/2024
SEF

SEF #A11570467

Price change
$550,000
-4.35%
06/03/2024
SEF

SEF #A11570467

Price change
$575,000
-4.17%
05/14/2024
SEF

SEF #A11570467

Listed
$600,000
+71.43%

Schools & Community

Neighborhood: 

South Middle River

Elementary school: 

Marshall;Thurgd

Middle school: 

Sunrise

High school: 

Dillard High

Community features: 

Sidewalks

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

$211,099
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$294,901
Cash to seller
$211,099

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

Seller’s Loan History

Lender

Loandepot Com Llc

Loan start date

December 2021

Original loan amount

$312,000

Est. remaining balance

$294,901

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Christina Wright and David Sienema

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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Beaches
$515,000
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|
2 ba
|
1,289 sq ft
|
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1045 NW 7th Ave, Fort Lauderdale, FL 33311

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Price drop
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1440 NE 10th Ave, Fort Lauderdale, FL 33304

Status: Active

Tomo last checked: 07/04/2024 at 10:15 PM

Listing updated: 07/03/2024 at 11:14 AM

Listed by: Laurie Spector, Compass Florida, LLC Phone #: (305) 851-2820

MLS: SEF #A11570467

SEF logo

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