tomo logo

$395,000

Beds
3
Baths
2.5
sq ft
1,518

3202 Merrick Ter Unit 2102, Margate, FL 33063

3202 Merrick Ter Unit 2102

Margate, FL 33063

  • 54 days on market
    • Price drop $25,000↓
Discover the perfect blend of comfort and convenience in this beautifully maintained 3-bedroom, 2.5-bathroom renovated townhouse, boasting 1515 square feet of living space. Situated in a secure gated community with the added benefit of a low HOA fee of just $379 per month, this property is ideal for families or investors alike.Safety and efficiency are top priorities for your peace of mind, with hurricane shutters and a newer AC for those warm summer months, as well as a tankless water heater ensuring endless hot water on demand. Step outside to your private patio, where tranquility meets you with scenic views of the lush preserve and the luxury of no rear neighbors. This townhouse is not just a home; it's a lifestyle!

Details

Property type

Townhouse

Est. home value

$375,687

Lot size

Unknown

Price per sq ft

$261

Year built

2005

Annual property taxes

$6,113

Monthly HOA fee

$379

Price History

01/25/2025
Beaches

Beaches #R11043756

Price change
$395,000
-5.95%
01/25/2025
Beaches

Beaches #R11043756

Listed
$420,000
01/16/2025
Beaches

Beaches #R11043756

Pending
$420,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, 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

$143,574
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$219,826
Cash to seller
$143,574

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

Seller’s Loan History

Lender

Angel Oak Mortgage Solutions Llc

Loan start date

July 2021

Original loan amount

$238,000

Est. remaining balance

$219,826

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Jose Carlos De Sales and Elizabeth Rodrigues De Sales

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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2555 NW 42nd Ave, Coconut Creek, FL 33066

Status: Active

Tomo last checked: 02/02/2025 at 9:35 AM

Listing updated: 01/29/2025 at 11:47 AM

Listed by: Claire Sheres, Douglas Elliman Phone #: (561) 245-2635

MLS: Beaches #R11043756

Beaches logo

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