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$440,000

Beds
2
Baths
1.0
sq ft
1,117

2740 NE 7th Ter, Pompano Beach, FL 33064

2740 NE 7th Ter

Pompano Beach, FL 33064

  • 94 days on market
    • Price drop $10,000↓
Discover this fully updated home located in the vibrant community of Pompano Beach. This 2 bedroom, 1 bathroom home comes with a bonus room or office, impact windows, a 2021 roof, stainless steel appliances, underground electric, a yard perfect for gardening, a large outdoor shed, and MORE. Situated in a quiet neighborhood close to parks, schools, and dining, this home offers not only convenience but also the opportunity to be part of Pompano Beach’s abundant growth and transformation. This home is minutes from Pompano's most favorite areas, like the Pier, Pompano Beach Airpark, South Bar & Kitchen, Beach House Pompano, and The Foundry. Whether you are living here or investing in long-term or short-term rentals, don’t miss your chance to own a piece of this thriving community.

Details

Property type

Single Family Residence

Est. home value

$385,009

Lot size

6,020 sq ft

Price per sq ft

$394

Year built

1963

Annual property taxes

$1,724

Price History

09/13/2024
Beaches

Beaches #F10457058

Price change
$440,000
-2.22%
08/20/2024
Beaches

Beaches #F10457058

Listed
$450,000
+18.42%
06/15/2023
Beaches

Beaches #F10379928

Sold
$380,000

Schools & Community

Neighborhood: 

Cresthaven

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

$68,362
Asking price
$440,000
Closing costs (~8% of asking)
-$35,200
Est. remaining loan balance
-$336,438
Cash to seller
$68,362

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

Seller’s Loan History

Lender

Real Genlus Llc

Loan start date

June 2023

Original loan amount

$342,000

Est. remaining balance

$336,438

Interest rate

6.43%

Loan type

New Conventional, 30 year

Seller

Julio C Macias

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 5:00 PM

Listing updated: 10/21/2024 at 10:37 AM

Listed by: Isabelle Gainey, Douglas Elliman Phone #: (954) 874-0740

MLS: Beaches #F10457058

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