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$159,998

Beds
2
Baths
2.0
sq ft
1,100

260 NW 76th Ave Unit 203, Margate, FL 33063

260 NW 76th Ave Unit 203

Margate, FL 33063

  • 226 days on market
    • Price drop $6,002↓
Serene lake view home in the beautiful community of Palm Lakes. This warm and welcoming home offers a huge kitchen with European flat panel doors, wrap around counter and passthrough kitchen window. Additionally, this home features a washer and dryer and extra storage locker by the elevator. The screened balcony offers picturesque view of the lake and lush landscaping. Palm Lakes has a resort style club house with a billiards room, auditorium, gym, tennis court, a hotel style pool, hot tub, and barbeque area. This is a pet friendly community with mild restrictions. Situated in the sought after area of W Atlantic, Palm Lakes is nestled just a short ride away from wonderful restaurants, & luxurious shopping Coral Square Mall and downtown Coral Springs. Seller willing to pay some closing cost

Details

Property type

Condominium

Est. home value

$193,452

Lot size

Unknown

Price per sq ft

$146

Year built

1980

Annual property taxes

$739

Monthly HOA fee

$672

Price History

10/11/2024
SEF

SEF #A11575582

Price change
$159,998
-3.62%
09/09/2024
SEF

SEF #A11575582

Price change
$166,000
-6.74%
05/18/2024
SEF

SEF #A11575582

Price change
$178,000
-3.26%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Coconut Crk High

Senior community center: 

Yes

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

$4,641
Asking price
$159,998
Closing costs (~8% of asking)
-$12,800
Est. remaining loan balance
-$142,557
Cash to seller
$4,641

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

Seller’s Loan History

Lender

Point Mortgage Corp

Loan start date

June 2022

Original loan amount

$147,920

Est. remaining balance

$142,557

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Patricia V Mcpherson

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: 11/22/2024 at 10:30 AM

Listing updated: 10/10/2024 at 9:06 PM

Listed by: Noah Olive, United Realty Group Inc Phone #: (954) 450-2000

MLS: SEF #A11575582

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