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$485,000

Beds
2
Baths
2.0
sq ft
1,319

2242 NE 37th St, Lighthouse Point, FL 33064

2242 NE 37th St

Lighthouse Point, FL 33064

  • 153 days on market
    • Price drop $14,000↓
IMPACT WINDOWS THROUGHOUT!!! NEW A/C!!! NEW KITCHEN!! Don't miss out on this opportunity to own in Lighthouse Point at an affordable price point. Great location within walking distance to restaurants and shopping. Golf cart friendly neighborhood. No HOA or condo fees! Completely remodeled 2/2 half duplex with fully fenced in yard (left side of house)(right side is also available separately). New modern kitchen with high end appliances. Updated bathrooms and flooring. Huge Florida room could easily be used as a 3rd bedroom, office or den. Cast iron plumbing replaced. Huge backyard patio that can be used for entertaining or for additional parking (3 spaces adjacent to back alley). Great potential for short term rentals or AirBnB. Excellent investment opportunity!

Details

Property type

Single Family Residence

Est. home value

$417,376

Lot size

4,043 sq ft

Price per sq ft

$368

Year built

1959

Annual property taxes

$6,757

HOA

Yes

Price History

02/22/2025
SEF

SEF #A11662680

Price change
$485,000
-2.81%
12/07/2024
SEF

SEF #A11662680

Price change
$499,000
-3.85%
10/24/2024
SEF

SEF #A11662680

Price change
$519,000
-3.71%

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

$167,641
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$278,559
Cash to seller
$167,641

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

Seller’s Loan History

Lender

Builders Choice Mortgage Llc

Loan start date

December 2022

Original loan amount

$285,000

Est. remaining balance

$278,559

Interest rate

7.08%

Loan type

New Conventional, 30 year

Seller

Simon Berdugo and Grace Yeung

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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1039 Hillsboro Mile Unit 5, Hillsboro Beach, FL 33062

Status: Active

Tomo last checked: 02/22/2025 at 9:10 PM

Listing updated: 02/22/2025 at 10:00 AM

Listed by: Sandra Rathe, Keller Williams Legacy Phone #: (954) 358-6000

MLS: SEF #A11662680

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