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$227,000

Beds
1
Baths
1.5
sq ft
960

2850 Palm Aire Dr N Unit 402, Pompano Beach, FL 33069

2850 Palm Aire Dr N Unit 402

Pompano Beach, FL 33069

  • 168 days on market
    • Price drop $18,000↓
Significant price reduction! New roof with no assessments! This remodeled one bedroom, 1 1/2 bath condo for sale boasts almost 1,000 square feet and is in a well-maintained building. It has a beautiful golf course view and features a full, open kitchen concept that includes large, white shaker cabinets, stylish backsplash, and stainless-steel appliances. Recessed dimmable lighting along with slow-closing, high quality cabinets and quartz countertops are in both bathrooms and kitchen. Water, high speed internet, and cable are all included with HOA. Palm Aire is a well-manicured golf community with easy access to both 1-95 and Turnpike. Property is close to great restaurants and short ride to beaches and Ft. Lauderdale airport. Renovated pool area right across the street!

Details

Property type

Condominium

Est. home value

$176,347

Lot size

Unknown

Price per sq ft

$237

Year built

1967

Annual property taxes

$3,144

Monthly HOA fee

$737

Price History

05/24/2024
Beaches

Beaches #F10421165

Price change
$227,000
-7.35%
03/18/2024
Beaches

Beaches #F10421165

Price change
$245,000
-3.92%
01/30/2024
Beaches

Beaches #F10421165

Listed
$255,000

Schools & Community

Neighborhood: 

Palm Aire

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

$201,092
Asking price
$227,000
Closing costs (~8% of asking)
-$18,160
Est. remaining loan balance
-$7,748
Cash to seller
$201,092

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

November 2012

Original loan amount

$29,300

Est. remaining balance

$7,748

Interest rate

2.69%

Loan type

New Conventional, 15 year

Seller

Jason Cohen

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?

Status: Active

Tomo last checked: 07/16/2024 at 6:30 PM

Listing updated: 05/24/2024 at 6:05 PM

Listed by: Jorge Zea, Blue Lighthouse Realty, INC Phone #: (855) 550-0528

MLS: Beaches #F10421165

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