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$995,000

Beds
4
Baths
3.0
sq ft
2,206

1415 Madison St, Hollywood, FL 33020

1415 Madison St

Hollywood, FL 33020

  • 33 days on market
This 4 bedroom pool home sits on a spacious lot in Hollywood Lakes. Renderings have been approved by the Hollywood Historical Preservation Board for an addition and renovation that will expand the home to 3600+ sq ft and feature 6 bedrooms and 5 bath. Currently the home features nice size bedrooms and an open layout with an additional family room that opens up to the large fenced in backyard. Here you will find a pool as well as an outdoor kitchen space. Location is great within walking distance to worship and minutes to beach and downtown.

Details

Property type

Single Family Residence

Est. home value

$843,611

Lot size

0.25 acres

Price per sq ft

$452

Year built

1950

Annual property taxes

$12,677

Price History

08/14/2024
Beaches

Beaches #F10456261

Listed
$995,000
+27.56%
05/19/2023
SEF

SEF #A11362511

Sold
$780,000
+83.1%
01/15/2016
Beaches

Beaches #F1354596

Sold
$426,000

Schools & Community

Neighborhood: 

Hollywood Lakes

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

$343,851
Asking price
$995,000
Closing costs (~8% of asking)
-$79,600
Est. remaining loan balance
-$571,549
Cash to seller
$343,851

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

Seller’s Loan History

Lender

Logan Finance Corp

Loan start date

May 2023

Original loan amount

$580,000

Est. remaining balance

$571,549

Interest rate

6.32%

Loan type

New Conventional, 30 year

Seller

Pla Holdings Llc

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: 09/16/2024 at 12:05 PM

Listing updated: 09/09/2024 at 10:41 AM

Listed by: Ann McQueen, Compass Florida, LLC Phone #: (305) 851-2820

MLS: Beaches #F10456261

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