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$1,095,000

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

  • 254 days on market
    • Price drop $100,000↓
MAJOR PRICE ADJUSTMENT!! CURRENTLY OPERATED AS A SHORT TERM VACATION RENTAL! Beautifully updated 4 bedroom / 4 bathroom home with Heated Pool located in the safe & family oriented neighborhood of Poinsettia Heights. This home is centrally located blocks from Wilton Manors, walking distance to restaurants, shops and only a quick 5 min drive to Las Olas & multiple beaches.

Details

Property type

Single Family Residence

Est. home value

$1,233,566

Lot size

6,750 sq ft

Price per sq ft

$396

Year built

1953

Annual property taxes

$14,341

Price History

08/27/2024
Beaches

Beaches #F10429473

Price change
$1,095,000
-8.37%
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%

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

$690,694
Asking price
$1,095,000
Closing costs (~8% of asking)
-$87,600
Est. remaining loan balance
-$316,706
Cash to seller
$690,694

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

$316,706

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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1512 NE 17th Ter, Fort Lauderdale, FL 33304

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925 N Victoria Park Rd, Fort Lauderdale, FL 33304

Status: Active

Tomo last checked: 11/25/2024 at 4:10 AM

Listing updated: 10/30/2024 at 12:30 PM

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

MLS: Beaches #F10429473

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