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$365,000

Beds
3
Baths
2.5
sq ft
1,536

3102 Merrick Ter Unit 2002, Margate, FL 33063

3102 Merrick Ter Unit 2002

Pompano Beach, FL 33063

  • 34 days on market
Great opportunity for both homeowners and investors in the gated community of Merrick Preserve Margate! This lovely 3-bedroom, 2.5-bathroom townhome is over 1500 square feet and features an open livinig-dining room and a beautiful open kitchen with newer appliances. Laminate installed along all bedrooms, a split bedroom plan, and a generously sized master suite complete with a walk-in closet, dual sinks, and a walk-in shower. Includes a washer/dryer. Welcome all ages. Pet friendly. Gated community and amenities include a community pool with low HOA fees. Investors welcome: It can be rented the first year. Priced to sell. 5% DOWN APPROVED WITH PREFERRED LENDER!

Details

Property type

Condominium

Est. home value

$374,727

Lot size

Unknown

Price per sq ft

$238

Year built

2005

Annual property taxes

$6,424

Monthly HOA fee

$379

Price History

06/03/2024
Beaches

Beaches #F10443937

Listed
$365,000
+63.31%
06/14/2019
Beaches

Beaches #F10146552

Sold
$223,500

Schools & Community

Elementary school: 

Liberty

Middle school: 

Margate Middle

High school: 

Coconut Crk High

Community features: 

Gated

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

$205,593
Asking price
$365,000
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$130,207
Cash to seller
$205,593

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

Seller’s Loan History

Lender

Primelending

Loan start date

June 2019

Original loan amount

$143,500

Est. remaining balance

$130,207

Interest rate

4.2%

Loan type

New Conventional, 30 year

Seller

Clare B Moran and Jeffrey Baldwin

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: 07/07/2024 at 6:25 PM

Listing updated: 07/01/2024 at 10:18 AM

Listed by: Cecilia Martin, EXP Realty LLC Phone #: (954) 369-0090

MLS: Beaches #F10443937

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