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$425,000

Beds
3
Baths
2.0
sq ft
1,140

2550 NW 62nd Ave, Margate, FL 33063

2550 NW 62nd Ave

Margate, FL 33063

  • Pending
    • Price drop $15,000↓
Beautiful 3 Bedroom and 2 Bath Home. Updated Kitchen with Stainless Steel appliances and Granite Countertops. Updated Bathrooms. Laminate Flooring throughout. Brand New Roof. GE Electrical Panel. Laundry room with Washer and Dryer. Privacy Fencing. Hurricane Panels. Large Back Yard with a Storage Shed. Front Patio area and much more! Close to Shopping and Great Schools!

Details

Property type

Single Family Residence

Est. home value

$416,168

Lot size

Unknown

Price per sq ft

$373

Year built

1960

Annual property taxes

$4,179

Price History

03/01/2025
Beaches

Beaches #F10480025

Pending
$425,000
01/31/2025
Beaches

Beaches #F10480025

Price change
$425,000
-3.41%
01/08/2025
Beaches

Beaches #F10480025

Listed
$440,000
+104.65%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

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

$203,882
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$187,118
Cash to seller
$203,882

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

Seller’s Loan History

Lender

Pnc Bank Na

Loan start date

June 2020

Original loan amount

$207,900

Est. remaining balance

$187,118

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Jennifer Eads and Joel Matthew Eads

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: Pending/Under Contract

Tomo last checked: 04/03/2025 at 8:05 PM

Listing updated: 02/28/2025 at 10:05 PM

Listed by: Liz Baboolal Hankins, Mac Realty Group Inc Phone #: (954) 380-2247

MLS: Beaches #F10480025

Beaches logo

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