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$725,000

Beds
2
Baths
1.5
sq ft
1,503

246 NE 20th St, Delray Beach, FL 33444

246 NE 20th St

Delray Beach, FL 33444

  • 67 days on market
    • Price drop $25,000↓
A charming cottage nestled in east Delray Beach, FL. This delightful residence, brimming with character and modern updates, offers an inviting retreat in a vibrant community.Step inside to discover a cozy, light-filled space with two bedrooms and one and a half bathrooms. The original terrazzo floors have been thoughtfully refurbished, creating a seamless blend of vintage charm and contemporary comfort. The kitchen and bathrooms have been tastefully updated, adding a touch of modern luxury while maintaining that old Florida vibe.The home's efficient updates include a new roof (2023), a new AC system (2024), and a tankless electric water heater (2023), and new PVC sewer lines and removal all cast iron plumbing under the house. You can enjoy the peace of mind for years to come.

Details

Property type

Single Family Residence

Est. home value

$933,322

Lot size

7,505 sq ft

Price per sq ft

$483

Year built

1954

Annual property taxes

$9,674

Price History

11/13/2024
Beaches

Beaches #R11022518

Price change
$725,000
-3.33%
10/16/2024
Beaches

Beaches #R11022518

Price change
$750,000
-2.6%
09/19/2024
Beaches

Beaches #R11022518

Listed
$770,000
+2.67%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Carver; G.W.

High school: 

Atlantic Technical

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

$491,307
Asking price
$725,000
Closing costs (~8% of asking)
-$58,000
Est. remaining loan balance
-$175,693
Cash to seller
$491,307

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

Seller’s Loan History

Lender

Np Inc

Loan start date

April 2018

Original loan amount

$200,000

Est. remaining balance

$175,693

Interest rate

4.46%

Loan type

New Conventional, 30 year

Seller

Michael Anthony Longo and Beverly Ann Longo

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: 11/25/2024 at 3:30 AM

Listing updated: 11/13/2024 at 5:45 PM

Listed by: Courtney Chase, Douglas Elliman Phone #: (561) 278-5570

MLS: Beaches #R11022518

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