tomo logo

$650,000

Beds
3
Baths
2.0
sq ft
1,222

2921 NW 29th Ter, Oakland Park, FL 33311

2921 NW 29th Ter

Oakland Park, FL 33311

  • 505 days on market
    • Price drop $200,000↓
Rare Opportunity to own a approximately 34k square foot property in the heart of Broward County. Permitted use is Low Rise Residential (Townhomes) at 10 units per acre Please refer to the City Oakland Park, planning, zoning, and Future Land Use Property may covey with other Folios : 494229060470 & 494229060460 Adjacent lots are filled and shovel ready

Details

Property type

Single Family Residence

Est. home value

$365,676

Lot size

0.49 acres

Price per sq ft

$532

Year built

1957

Annual property taxes

$4,553

Price History

12/31/2023
SEF

SEF #A11415298

Price change
$650,000
-23.53%
12/31/2023
SEF

SEF #A11415298

Price change
$850,000
-26.09%
07/06/2023
SEF

SEF #A11415298

Listed
$1,150,000

Schools & Community

Neighborhood: 

Orange Grove Manors

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

$436,597
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$161,403
Cash to seller
$436,597

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

Seller’s Loan History

Lender

Prime Choice Funding Inc

Loan start date

March 2022

Original loan amount

$170,000

Est. remaining balance

$161,403

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Beverly Ann Marie Mowait

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 2:55 AM

Listing updated: 09/30/2024 at 5:38 PM

Listed by: Silas Brown, Brown Capital Realty Inc Phone #: (954) 954-3304

MLS: SEF #A11415298

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