tomo logo

$710,000

Beds
2
Baths
2.0
sq ft
1,001

1551 Madison St, Hollywood, FL 33020

1551 Madison St

Hollywood, FL 33020

  • 75 days on market
    • Price drop $20,000↓
STUNNING REMODELED HOUSE! NEW KITCHEN. BRAND NEW APPLIANCES. NEW BATHROOMS, NEW FLOORING, NEW UNDERGROUND HEATED POOL WITH SALT WATER, HURRICANE PROVE WINDOWS AND DOORS. 2 A/C UNITS. CEILING FANS. HUGE BACK YARD WITH COVERED BARBECUE AREA. WHITE PVC FANCE AROUND THE HOUSE. PUBLIC TENIS COURT IN FRONT OF THE PROPERTY. PERFECT FOR INVESTORS WHO WANTS TO RENT YEARLY/AIRBNB OR FIRST BUYERS WHO WANT TO LIVE IN A CALM NEIGHBORHOOD CLOSE TO THE BEACH AND RESTAURANTS. ALARM SISTEM AND CAMARA DO NOT CONVEY. FURNITURE ARE NEGOTIABLE. EASY TO SHOW.

Details

Property type

Single Family Residence

Est. home value

$684,829

Lot size

Unknown

Price per sq ft

$710

Year built

1953

Annual property taxes

$6,088

Price History

10/18/2024
Beaches

Beaches #F10459940

Price change
$710,000
-2.74%
09/05/2024
Beaches

Beaches #F10459940

Listed
$730,000
+88.63%
06/07/2021
SEF

SEF #A10969775

Sold
$387,000
+37.23%

Schools & Community

Neighborhood: 

Hollywood Lakes

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Tennis Court(s)

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

$301,153
Asking price
$710,000
Closing costs (~8% of asking)
-$56,800
Est. remaining loan balance
-$352,047
Cash to seller
$301,153

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

June 2021

Original loan amount

$379,990

Est. remaining balance

$352,047

Interest rate

3.04%

Loan type

FHA, 30 year

Seller

Eloisa Lombardi and Wilma Lombardi

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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Status: Active

Tomo last checked: 11/19/2024 at 10:35 AM

Listing updated: 10/18/2024 at 1:35 PM

Listed by: Gloria Pradines P.A., United Realty Group Inc Phone #: (954) 450-2000

MLS: Beaches #F10459940

Beaches logo

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