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$269,000

Beds
2
Baths
2.0
sq ft
1,450

2304 S Cypress Bend Dr Unit 315, Pompano Beach, FL 33069

2304 S Cypress Bend Dr Unit 315

Pompano Beach, FL 33069

  • 89 days on market
    • Price drop $10,000↓
Largest square footage in the Cypress Bend area! Corner unit 2 bed (possible 3)/2 bath condo in Cypress Bend - the pool, the waterfront, the landscaping - what more could you ask for when drinking your morning coffee or sipping an evening cocktail? The screened-in balcony is accessible from a bedroom, living room, & family room. This renovated 1500sf condo has new flooring, custom electric fireplace & spacious primary bedroom. The third bedroom is converted to a family TV room but can be converted back to a 3rd bedroom. Amenities: tennis courts, fitness center, playground, clubhouse, basketball court, bbq/picnic area, & a bike/jogging path. Location is near casino, highways, airports & the beach. The assn requires a min of 15% down & 670+ credit. Assessments will be paid by the seller.

Details

Property type

Condominium

Est. home value

$303,393

Lot size

Unknown

Price per sq ft

$186

Year built

1974

Annual property taxes

$5,038

Monthly HOA fee

$736

Price History

06/24/2024
Beaches

Beaches #F10434148

Price change
$269,000
-3.58%
05/31/2024
Beaches

Beaches #F10434148

Price change
$279,000
-7%
04/24/2024
Beaches

Beaches #F10434148

Listed
$300,000

Schools & Community

Neighborhood: 

Cypress Bend

Elementary school: 

Cypress

Middle school: 

Pompano B.Middle

High school: 

Ely

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

$62,118
Asking price
$269,000
Closing costs (~8% of asking)
-$21,520
Est. remaining loan balance
-$185,362
Cash to seller
$62,118

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

March 2021

Original loan amount

$200,000

Est. remaining balance

$185,362

Interest rate

2.73%

Loan type

VA, 30 year

Seller

Thomas J Bannon Jr and Ethel Bannon

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?

Status: Active

Tomo last checked: 07/07/2024 at 8:15 PM

Listing updated: 07/06/2024 at 1:07 AM

Listed by: Terry Behal, NextHome Realty Professionals Phone #: (954) 564-0028

MLS: Beaches #F10434148

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