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$898,000

Beds
3
Baths
2.0
sq ft
1,498

1612 NE 16th Ave, Fort Lauderdale, FL 33305

1612 NE 16th Ave

Fort Lauderdale, FL 33305

  • 31 days on market
SPECTACULAR SINGLE FAMILY POOL HOME IN HIGHLY DESIRABLE POINSETTIA HEIGHTS UNDERWENT A COMPLETE MODERN REMODEL. STUNNING INTERIOR IS LIGHT & BRIGHT. UPDATES INCLUDE ON TREND PORCELAIN TILE, GORGEOUS KITCHEN COMPLETE W SHAKER CABINETS, QUARTZ COUNTERS & MOSAIC BACKSPLASH. PRIMARY SUITE HAS NEW MUST-HAVE EN-SUITE BATH COMPLETE W DOUBLE QUARTZ-TOPPED VANITY & OVERSIZED SHOWER W RAIN SHOWER HEAD. 3RD BEDROOM IS A DEN; NEW GUEST BATH; IMPACT WINDOWS - ROOF 2015, AC & WATER HEATER 2021. PRIVATE OUTDOOR PARADISE OFFERS AN OVERSIZED POOL SURROUNDED BY TROPICAL FOLIAGE ON HUGE BACKYARD ALL OBSCURED FOR COMPLETE PRIVACY BY A STYLISH WOODEN FENCE. FABULOUS LOCATION 2 MILES FROM THE BEACH AND CLOSE TO SHOPS, RESTAURANTS & ALL THAT YOU COULD WANT TO SEE OR DO. NO HOA.

Details

Property type

Single Family Residence

Est. home value

$676,015

Lot size

7,693 sq ft

Price per sq ft

$600

Year built

1950

Annual property taxes

$10,292

Price History

06/04/2024
SEF

SEF #A11598668

Listed
$898,000

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

$263,621
Asking price
$898,000
Closing costs (~8% of asking)
-$71,840
Est. remaining loan balance
-$562,539
Cash to seller
$263,621

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

Seller’s Loan History

Lender

Lakeview Loan Servicing Llc

Loan start date

February 2022

Original loan amount

$592,500

Est. remaining balance

$562,539

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

Wenrui Ma and Ruowen Li

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: 07/04/2024 at 11:20 PM

Listing updated: 06/29/2024 at 1:04 PM

Listed by: Patty Da Silva, Green Realty Properties Inc. Phone #: (954) 399-0356

MLS: SEF #A11598668

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