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$378,000

Beds
2
Baths
2.0
sq ft
1,587

1485 NW 69th Ave, Margate, FL 33063

1485 NW 69th Ave

Margate, FL 33063

  • 50 days on market
    • Price drop $7,000↓
**WATERFRONT ON STRANAHAN RIVER. Fishing, kayaking or boating out your back door!! HUGE Fully renovated 2 bed/2 bath with garage in pet friendly 55+ community! Updates include: flooring, paint, stainless appliances, AC in '21, AC in garage also in '21, Roof in '20, Impact garage door in '21. Kitchen and impact rated windows done within last 10 years. HUGE Florida room, can be used as office or 3rd bedroom. Association requires 700 + credit score for at least 1 occupant. No occupants under 18, one occupant must be 55+ residing full time. Community has nice pool and clubhouse with work out facilities included in low HOA fee. Lawncare and house painting every 5 years by association.***BUYER'S AGENTS WELCOME****

Details

Property type

Single Family Residence

Est. home value

$383,428

Lot size

4,791 sq ft

Price per sq ft

$239

Year built

1970

Annual property taxes

$5,535

Monthly HOA fee

$70

Price History

11/13/2024
Beaches

Beaches #F10464288

Price change
$378,000
-1.82%
10/03/2024
Beaches

Beaches #F10464288

Listed
$385,000
+2.67%
01/12/2024
Beaches

Beaches #F10403232

Removed
$375,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Senior community center: 

Yes

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

$97,140
Asking price
$378,000
Closing costs (~8% of asking)
-$30,240
Est. remaining loan balance
-$250,620
Cash to seller
$97,140

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

Seller’s Loan History

Lender

Hamilton Home Loans Inc

Loan start date

January 2021

Original loan amount

$274,550

Est. remaining balance

$250,620

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

John Thomas Morberg and Melissa Alice Jones

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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6760 Margate Blvd, Margate, FL 33063

Status: Active

Tomo last checked: 11/22/2024 at 10:30 AM

Listing updated: 11/13/2024 at 3:11 PM

Listed by: Melissa Alice Jones, Keller Williams Marco Realty Phone #: (239) 393-1350

MLS: Beaches #F10464288

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