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$250,000

Beds
2
Baths
2.0
sq ft
1,162

1705 Belmont Ln Unit 1705, North Lauderdale, FL 33068

1705 Belmont Ln Unit 1705

North Lauderdale, FL 33068

  • 63 days on market
This 2/2 condo is tenant occupied, current tenants have been leasing for the last 4 years. Great opportunity for investors.

Details

Property type

Condominium

Est. home value

$252,717

Lot size

Unknown

Price per sq ft

$216

Year built

2002

Annual property taxes

$4,100

Monthly HOA fee

$409

Price History

07/18/2024
SEF

SEF #A11626308

Listed
$250,000
+64.47%
07/24/2017
Beaches

Beaches #H10249885

Sold
$152,000
+17.83%
02/03/2017
Beaches

Beaches #F10035595

Sold
$129,000

Schools & Community

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

$149,260
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$80,740
Cash to seller
$149,260

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

November 2004

Original loan amount

$150,500

Est. remaining balance

$80,740

Interest rate

5.7%

Loan type

Not Provided, 30 year

Seller

Emmanuel J Finney and Amanda L Shellenberger

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: 09/18/2024 at 10:50 PM

Listing updated: 08/16/2024 at 2:07 PM

Listed by: Mark Batsleer, Elite International Realty Inc Phone #: (305) 940-6611

MLS: SEF #A11626308

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