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$950,000

Beds
3
Baths
3.0
sq ft
2,420

1617 NE 5th St, Fort Lauderdale, FL 33301

1617 NE 5th St

Fort Lauderdale, FL 33301

  • 253 days on market
    • Price drop $25,000↓
Beautifully kept 3 bedroom 3.5 bath corner townhome in sought after Victoria Park. First floor features high ceilings, crown molding, wood floors, formal dining room, Impact windows, living room with a fireplace & french doors to the backyard. Open kitchen with breakfast area, beautiful quartz countertops, stainless steel appliances, under stairs storage. Second floor features three bedroom suites, walk in closets, plus spacious loft perfect for a home office or other. Home has all impact windows & a private entry. Enjoy the tranquil & private backyard in while soaking in the jacuzzi, TV & BBQ area. Lg outdoor storage & spacious 2 car garage. Close to Las Olas, downtown, lots of shops, great restaurants & beautiful Fort Lauderdale beach. No homeowner association fees!

Details

Property type

Townhouse

Est. home value

$1,008,143

Lot size

Unknown

Price per sq ft

$393

Year built

2002

Annual property taxes

$12,963

Price History

05/20/2024
SEF

SEF #A11475723

Price change
$950,000
-2.56%
02/22/2024
SEF

SEF #A11475723

Price change
$975,000
-2.4%
12/13/2023
SEF

SEF #A11475723

Price change
$999,000
-1.58%

Schools & Community

Neighborhood: 

Victoria Park

Elementary school: 

Harbordale

Middle school: 

Sunrise

High school: 

Fort Lauderdale

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

$302,625
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$571,375
Cash to seller
$302,625

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

Seller’s Loan History

Lender

Sprout Mortgage Llc

Loan start date

November 2021

Original loan amount

$592,000

Est. remaining balance

$571,375

Interest rate

2.99%

Loan type

New Conventional, 40 year

Seller

1617 Ne 5Th Street Realty Llc

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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528 NE 13th Ave, Fort Lauderdale, FL 33301

Status: Active

Tomo last checked: 07/03/2024 at 12:00 PM

Listing updated: 06/04/2024 at 12:04 PM

Listed by: Glen Jakob, Brokers, LLC Phone #: (954) 384-1616

MLS: SEF #A11475723

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