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$1,195,000

Beds
4
Baths
4.0
sq ft
2,766

1517 NE 17th Ter, Fort Lauderdale, FL 33304

1517 NE 17th Ter

Fort Lauderdale, FL 33304

  • 111 days on market
    • Price drop $55,000↓
PRICE ADJUSTMENT!! CURRENTLY OPERATED AS A SHORT TERM VACATION RENTAL! Beautifully updated 4 bedroom 4 bathroom home with Efficiency and Heated Pool located in the safe & family oriented neighborhood of Poinsettia Heights. This home INCLUDES a separate cottage equipped with kitchen. Centrally located blocks from Wilton Manors, walking distance to restaurants, shops and only a quick 5 min drive to Las Olas & multiple beaches including Las Olas Beach.

Details

Property type

Single Family Residence

Est. home value

$1,233,566

Lot size

6,750 sq ft

Price per sq ft

$433

Year built

1953

Annual property taxes

$14,341

Price History

04/20/2024
Beaches

Beaches #F10429473

Price change
$1,195,000
-4.4%
03/16/2024
Beaches

Beaches #F10429473

Listed
$1,250,000
+96.85%
08/05/2019
Beaches

Beaches #F10180745

Sold
$635,000

Schools & Community

Neighborhood: 

Poinsettia Heights

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

$771,265
Asking price
$1,195,000
Closing costs (~8% of asking)
-$95,600
Est. remaining loan balance
-$328,135
Cash to seller
$771,265

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

Seller’s Loan History

Lender

Union Savings Bank

Loan start date

August 2019

Original loan amount

$450,000

Est. remaining balance

$328,135

Interest rate

3.25%

Loan type

New Conventional, 15 year

Seller

Jonas Persson and Jennifer Persson

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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909 NE 16th Ave, Fort Lauderdale, FL 33304

Status: Active

Tomo last checked: 07/04/2024 at 11:10 PM

Listing updated: 05/16/2024 at 1:23 PM

Listed by: Tyler Tuchow, Fortune Christie's International Real Estate Phone #: (954) 523-3338

MLS: Beaches #F10429473

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