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$255,000

Beds
2
Baths
2.0
sq ft
1,091

1475 NE 125th Ter Unit 514K, North Miami, FL 33161

1475 NE 125th Ter Unit 514K

North Miami, FL 33161

  • 150 days on market
    • Price drop $14,000↓
This oversized, remodeled 2-bedroom, 2-bathroom condo offers comfort, convenience, and location. Enjoy ample space in this split-plan condo with a large terrace where each bedroom is equipped with large walking closets; the open floor plan gives you the perfect flow for entertaining, one parking space, and guest parking. Located in a peaceful residential area near Barry University with easy access to both I-95 and Biscayne Blvd. The building is gated with a secure entrance and cameras throughout, ensuring security and peace.

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$234

Year built

1968

Annual property taxes

$374

Monthly HOA fee

$597

Price History

06/24/2024
SEF

SEF #A11529185

Price change
$255,000
-5.2%
04/19/2024
SEF

SEF #A11529185

Price change
$269,000
-3.58%
02/06/2024
SEF

SEF #A11529185

Listed
$279,000

Schools & Community

Neighborhood: 

Central

Elementary school: 

North Miami

Middle school: 

North Miami

High school: 

North Miami

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

$150,853
Asking price
$255,000
Closing costs (~8% of asking)
-$20,400
Est. remaining loan balance
-$83,747
Cash to seller
$150,853

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

Seller’s Loan History

Lender

First Horizon Home Loan Corp

Loan start date

March 2007

Original loan amount

$129,000

Est. remaining balance

$83,747

Interest rate

6.28%

Loan type

Not Provided, 30 year

Seller

Maria Z Yepez

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: 07/04/2024 at 11:40 PM

Listing updated: 06/24/2024 at 11:44 AM

Listed by: Lorenzo Ramos, Coldwell Banker Realty Phone #: (305) 672-6300

MLS: SEF #A11529185

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