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$500,000

Beds
3
Baths
2.0
sq ft
1,290

1806 NW 66th Ave, Margate, FL 33063

1806 NW 66th Ave

Margate, FL 33063

  • 55 days on market
    • Price drop $10,000↓
Beautiful open floor plan on a quiet Cul De Sac on a large corner lot. Updated appliances and bathrooms, new laminate wood flooring, 7 year roof, complete hurricane shutters, separate laundry room with A/C vent. Private fenced backyard and pool area. Large enough space to put a Boat, Trailer, RV, etc. No HOA so there are no restrictions. This is a must-see for all first-time buyers, or investors looking for a great rental property. !!! The garage is currently being used as a playroom, but the wall can easily be removed so you can park a car there.!!!!

Details

Property type

Single Family Residence

Est. home value

$484,292

Property condition

Updated/Remodeled

Lot size

8,782 sq ft

Price per sq ft

$388

Year built

1973

Annual property taxes

$8,990

Price History

11/02/2024
SEF

SEF #A11683806

Price change
$500,000
-1.96%
10/28/2024
SEF

SEF #A11683806

Listed
$510,000
-6.42%
10/23/2024
SEF

SEF #A11629022

Removed
$545,000

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

$74,519
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$385,481
Cash to seller
$74,519

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

March 2022

Original loan amount

$407,483

Est. remaining balance

$385,481

Interest rate

3.55%

Loan type

FHA, 30 year

Seller

Diana Carolina Chavarro and Pedro De Abreu Henrigues

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: 12/22/2024 at 4:50 PM

Listing updated: 11/07/2024 at 10:35 AM

Listed by: Michael Bergman, RE/MAX Select Group Phone #: (954) 874-2500

MLS: SEF #A11683806

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