tomo logo

$664,999

Beds
3
Baths
2.0
sq ft
1,511

1618 Madison St, Hollywood, FL 33020

1618 Madison St

Hollywood, FL 33020

  • 3 days on market
Listed below appraised value for a quick sale, this is your opportunity to own a piece of this tranquil yet connected community. The owner is flexible with closing and financing terms —don’t miss out on this rare find. This charming 3-bedroom, 2-bathroom home, built in 1950, features a new electrical system installed in 2022. Inside, enjoy hardwood floors, a granite kitchen with stainless steel appliances, and a cozy fireplace. The covered deck, fenced backyard, and semi-enclosed carport with extra parking offer ample space for relaxation and storage. Located in Hollywood Lakes, half a block from Jefferson Park and on the Circuit shuttle route, this home provides easy access to Hollywood Beach, downtown dining, and schools. Loan assumable at 3.5%. Schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$618,477

Lot size

5,455 sq ft

Price per sq ft

$441

Year built

1954

Price History

11/15/2024
SEF

SEF #A11694268

Price change
$664,999
+3.1%
11/15/2024
SEF

SEF #A11694268

Listed
$644,999
+31.9%
12/15/2021
Beaches

Beaches #F10295054

Sold
$489,000
+36.59%

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

$142,227
Asking price
$664,999
Closing costs (~8% of asking)
-$53,200
Est. remaining loan balance
-$469,572
Cash to seller
$142,227

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

December 2021

Original loan amount

$500,247

Est. remaining balance

$469,572

Interest rate

3.14%

Loan type

VA, 30 year

Seller

Jonathan Vasquez

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: 11/19/2024 at 4:50 AM

Listing updated: 11/15/2024 at 11:05 AM

Listed by: Jonathan Vasquez, EXP Realty LLC Phone #: (888) 883-8509

MLS: SEF #A11694268

SEF logo

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