tomo logo

$500,000

Beds
3
Baths
1.0
sq ft
1,069

1624 NW 7th Ave, Fort Lauderdale, FL 33311

1624 NW 7th Ave

Fort Lauderdale, FL 33311

  • 96 days on market
    • Price drop $25,000↓
Charming oasis in the heart of Fort Lauderdale moments to downtown and Wilton Manors! This single-story residence has an open layout ideal for entertaining. Offering an abundance of natural light that accentuates the warm wood laminate floors, 3 bedrooms, 1 full bathroom, an open kitchen with granite countertops, stainless steel appliances, ample cabinet space, an interior laundry room with brand new washer and dryer. Lush tropical landscaping surrounds the fully fenced property with plenty of space for outdoor enjoyment, complete with a well sprinkler system. Easy access to Fort Lauderdale's vibrant dining, shopping, entertainment, as well as pristine beaches and waterfront parks. Complete hurricane impact windows and doors. Don't miss your chance to own a slice of paradise!

Details

Property type

Single Family Residence

Est. home value

$492,681

Lot size

6,752 sq ft

Price per sq ft

$468

Year built

1953

Annual property taxes

$6,828

Price History

06/15/2024
SEF

SEF #A11560621

Price change
$500,000
-4.76%
04/01/2024
SEF

SEF #A11560621

Listed
$525,000
+0.96%
03/20/2024
Beaches

Beaches #R10967540

Removed
$520,000

Schools & Community

Neighborhood: 

South Middle River

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

$114,487
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$345,513
Cash to seller
$114,487

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

Seller’s Loan History

Lender

Stearns Lending Llc

Loan start date

November 2021

Original loan amount

$365,750

Est. remaining balance

$345,513

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Anthony Paul Benson and Rebecca Casas

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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$465,000
3 bd
|
1 ba
|
925 sq ft
|
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1783 Lauderdale Manor Dr, Fort Lauderdale, FL 33311

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$450,000
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804 NW 19th St, Fort Lauderdale, FL 33311

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Price drop
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$475,000
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|
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House

1341 NW 5th Ave, Fort Lauderdale, FL 33311

Status: Active

Tomo last checked: 07/05/2024 at 10:45 PM

Listing updated: 06/17/2024 at 4:13 PM

Listed by: Allison Miller, Keller Williams Elite Properties Phone #: (305) 931-2224

MLS: SEF #A11560621

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