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$435,517Estimated home value

Beds
2
Baths
1.5
sq ft
1,172

1725 NW 7th Ave, Fort Lauderdale, FL 33311

1725 NW 7th Ave

Fort Lauderdale, FL 33311

  • Sold On 9/16/2024
    • Price drop $18,000↓
Motivated Sellers! Charming, updated home offers so many features. Newer kitchen cabinetry with upgraded appliances and additional pantry units. Bathrooms have been updated. Laundry area with newer washer and dryer. Impact windows in Florida room and all exterior doors are impact doors, with newer PGT windows in remainder of home. Amazing large backyard with Tiki Hut and private outdoor shower. Well irrigation system and is on a timer. All PVC plumbing under the home. Original terrazzo floors have been polished in living areas, and vinyl plank flooring in Florida room. Close to upscale dining, shopping and beautiful Florida beaches.

Details

Property type

Single Family Residence

Est. home value

$435,517

Lot size

6,755 sq ft

Price per sq ft

$410

Year built

1955

Annual property taxes

$4,843

Price History

09/11/2024
Beaches

Beaches #F10449922

Sold
$460,000
-4.17%
08/20/2024
Beaches

Beaches #F10449922

Pending
$480,000
08/16/2024
Beaches

Beaches #F10449922

Price change
$480,000
-3.61%

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

$191,533
Asking price
$480,000
Closing costs (~8% of asking)
-$38,400
Est. remaining loan balance
-$250,067
Cash to seller
$191,533

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

Seller’s Loan History

Lender

Choice Mortgage

Loan start date

September 2021

Original loan amount

$268,000

Est. remaining balance

$250,067

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Thomas Gillespie and Silvia Gillespie

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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1613 NW 4th Ave, Fort Lauderdale, FL 33311

Status: Off Market

Tomo last checked: 10/07/2024 at 7:40 AM

Listing updated: 09/16/2024 at 4:30 PM

Listed by: Scott R English, English Real Estate Group Phone #: (954) 292-0682

MLS: Beaches #F10449922

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