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$570,000

Beds
2
Baths
1.0
sq ft
888

1601 N 16th Ct, Hollywood, FL 33020

1601 N 16th Ct

Hollywood, FL 33020

  • 143 days on market
    • Price drop $29,000↓
Welcome to the Hollywood Lakes District! This beautiful home is situated east of Federal Highway, conveniently close to Young Circle, beaches, shopping, and just 10 minutes from the airport. The property features a remodeled kitchen, and bathroom, newly refinished hardwood floors, crown moldings, and freshly painted interiors and exteriors. The garage includes an additional built-in room, providing extra space. Enjoy the private outdoor patio and the expansive, oversized lot, which spans 11,400 square feet—over 1/4 acre! There's plenty of room for potential additions and a pool. The home is zoned for multifamily use, offering a range of possibilities for future expansion or development.

Details

Property type

Single Family Residence

Est. home value

$532,848

Lot size

8,400 sq ft

Price per sq ft

$642

Year built

1940

Annual property taxes

$7,750

Price History

11/07/2024
SEF

SEF #A11634796

Price change
$570,000
-4.84%
11/03/2024
SEF

SEF #A11634796

Removed
$599,000
08/02/2024
SEF

SEF #A11634796

Listed
$599,000
+42.62%

Schools & Community

Neighborhood: 

Hollywood Lakes

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$202,055
Asking price
$570,000
Closing costs (~8% of asking)
-$45,600
Est. remaining loan balance
-$322,345
Cash to seller
$202,055

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

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

October 2021

Original loan amount

$346,500

Est. remaining balance

$322,345

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Olena Mushynkevych

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: 12/23/2024 at 12:45 AM

Listing updated: 12/14/2024 at 4:35 AM

Listed by: Ekaterina Zakharova, LoKation Phone #: (954) 545-5583

MLS: SEF #A11634796

SEF logo

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