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$789,000

Beds
4
Baths
2.0
sq ft
1,498

1605 NE 16th Ave, Fort Lauderdale, FL 33305

1605 NE 16th Ave

Fort Lauderdale, FL 33305

  • 119 days on market
    • Price drop $50,000↓
4 BEDROOM 2 BATH POOL HOME IN DESIRABLE POINSETTIA HEIGHTS WITH OVERSIZED LOT! NEW ROOF JUST COMPLETED IN 2024! GREAT ENTERTAINING HOME! KITCHEN WITH STAINLESS STEEL APPLIANCES AND GRANITE COUNTERTOPS - OPEN TO THE LIVING AREA! LARGE OWNERS SUITE! IMPACT WINDOWS AND DOORS THROUGHOUT! TROPICAL FENCED IN YARD WITH HEATED POOL!

Details

Property type

Single Family Residence

Est. home value

$786,722

Lot size

0.23 acres

Price per sq ft

$527

Year built

1950

Annual property taxes

$11,629

Price History

09/13/2024
Beaches

Beaches #F10451640

Price change
$789,000
-5.96%
08/05/2024
Beaches

Beaches #F10451640

Price change
$839,000
-4.1%
07/18/2024
Beaches

Beaches #F10451640

Listed
$874,900
+60.53%

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

$440,560
Asking price
$789,000
Closing costs (~8% of asking)
-$63,120
Est. remaining loan balance
-$285,320
Cash to seller
$440,560

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

October 2021

Original loan amount

$348,000

Est. remaining balance

$285,320

Interest rate

2.15%

Loan type

New Conventional, 15 year

Seller

Nicholas C Dryfuse and Kanneth M Persel

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: 11/13/2024 at 10:35 PM

Listing updated: 10/16/2024 at 5:45 PM

Listed by: Jim Cunningham, One Sotheby's Int'l Realty Phone #: (954) 522-2831

MLS: Beaches #F10451640

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