tomo logo

$699,000

Beds
2
Baths
2.0
sq ft
1,001

1551 Madison St, Hollywood, FL 33020

1551 Madison St

Hollywood, FL 33020

  • 1 day on market
Welcome to this beautiful home where modern elegance meets everyday comfort. Step inside to discover a gorgeous kitchen with stainless steel appliances, spacious living areas with newer flooring and large windows that fill the space with natural light. Both bathrooms have been beautifully updated with stylish finishes. Outside, your private oasis awaits! A heated saltwater pool surrounded by a huge backyard fully fenced with white PVC and a covered barbecue area make perfect combination for entertaining or unwinding. With hurricane-proof windows and doors and two A/C units, this home offers comfort and peace of mind year-round. Located in a quiet neighborhood just steps from a public tennis court and minutes from the beach and local restaurants!

Details

Property type

Single Family Residence

Est. home value

$684,829

Lot size

5,457 sq ft

Price per sq ft

$699

Year built

1948

Annual property taxes

$8,529

Price History

04/01/2025
SEF

SEF #A11765834

Listed
$699,000
+1.3%
12/26/2024
Beaches

Beaches #F10459940

Removed
$690,000
11/30/2024
Beaches

Beaches #F10459940

Price change
$690,000
-2.82%

Schools & Community

Neighborhood: 

Hollywood Lakes

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

$293,918
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$349,162
Cash to seller
$293,918

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

$349,162

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?

Status: Active

Tomo last checked: 04/02/2025 at 10:40 PM

Listing updated: 04/01/2025 at 8:06 PM

Listed by: Alejandro Bruno, RE/MAX 5 Star Realty Phone #: (954) 361-0000

MLS: SEF #A11765834

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