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$1,399,000

Beds
5
Baths
3.0
sq ft
2,303

1517 Monroe St, Hollywood, FL 33020

1517 Monroe St

Hollywood, FL 33020

  • 158 days on market
    • Price drop $101,000↓
This is a spacious 2 in 1 property. Main house is a 3/1. Additional detached 2/1 apartment in laws quarters or for Extra income$$$. Current Airbnb License for 2 years. Mins to the beach, Mins to Downtown Hollywood. Excellent location, neighborhood and schools. East of US1. Short Drive to I95. No HOA

Details

Property type

Single Family Residence

Est. home value

$661,561

Lot size

5,451 sq ft

Price per sq ft

$608

Year built

1938

Annual property taxes

$10,806

Price History

02/27/2024
SEF

SEF #A11535907

Price change
$1,399,000
-6.73%
02/19/2024
SEF

SEF #A11535907

Listed
$1,500,000

Schools & Community

Neighborhood: 

Hollywood Lakes

Elementary school: 

Hollywood Centl

Middle school: 

Mcnicol

High school: 

South Broward

Community features: 

Street Lights

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

$1,001,608
Asking price
$1,399,000
Closing costs (~8% of asking)
-$111,920
Est. remaining loan balance
-$285,472
Cash to seller
$1,001,608

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

Seller’s Loan History

Lender

Citadel Servicing Corporation

Loan start date

January 2020

Original loan amount

$313,500

Est. remaining balance

$285,472

Interest rate

3.68%

Loan type

New Conventional, 30 year

Seller

Sonia I Smith and Eduardo Marquez

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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House

1625 Hollywood Blvd, Hollywood, FL 33020

Status: Active

Tomo last checked: 07/25/2024 at 8:50 PM

Listing updated: 04/20/2024 at 2:04 PM

Listed by: Ornella Orozco, Yaffe International Realty Phone #: (305) 741-0002

MLS: SEF #A11535907

SEF logo

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