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$380,000

Beds
4
Baths
1.0
sq ft
1,085

272 NW 30th Ter, Fort Lauderdale, FL 33311

272 NW 30th Ter

Fort Lauderdale, FL 33311

  • 263 days on market
No HOA. Current ROI 7.01% (potential ROI: 7.92%). Great investment property! The property is rented for $2,571 USD/month to a Section 8 tenant (as of November 2024, the government portion is $1,863 USD, the tenant $708 USD). The rent may be increased to $2,860 USD (renewal: January 31, 2025). The current management company can be facilitated. Please do not disturb the tenant or knock on the door! Huge fenced lot of 7,202 sqft, plenty of room to build a pool. AC Sep 2023.

Details

Property type

Single Family Residence

Est. home value

$310,325

Lot size

7,202 sq ft

Price per sq ft

$351

Year built

1955

Annual property taxes

$4,220

Price History

02/19/2024
SEF

SEF #A11531722

Listed
$380,000
+102.13%
11/12/2021
SEF

SEF #A10982811

Sold
$188,000

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

$232,454
Asking price
$380,000
Closing costs (~8% of asking)
-$30,400
Est. remaining loan balance
-$117,146
Cash to seller
$232,454

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

October 2007

Original loan amount

$176,000

Est. remaining balance

$117,146

Interest rate

6.62%

Loan type

Not Provided, 30 year

Seller

Kochenel Frederique and Terger Baptiste

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: 11/08/2024 at 11:00 AM

Listing updated: 11/01/2024 at 11:20 AM

Listed by: Denise Haeussler Leatherbee, London Foster Realty Phone #: (305) 514-0100

MLS: SEF #A11531722

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