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$1,495,000

Beds
2
Baths
2.0
sq ft
1,491

341 NE 7th Ave, Delray Beach, FL 33483

341 NE 7th Ave

Delray Beach, FL 33483

  • 89 days on market
    • Price drop $55,000↓
341 NE 7th Avenue, Delray Beach, FL 33483 is the gem that you have been looking for. Nestled in the heart of downtown and within walking or biking distance to the beach, this quaint cottage is the epitome of old Florida living. With a functional interior plan with a private, tropical and spacious yard, and a lovely pool for enjoyment outside, this home offers the ability for renovation, an addition or re-development now or in the future. The quiet alley in the back creates the benefit of egress from the front and the back of the home. The lot provides ample opportunity for expansion. Attached to the listing is a survey and a building envelope study that will allow for a better understanding of setbacks and potential area calculations for the lot.

Details

Property type

Single Family Residence

Est. home value

$1,289,214

Lot size

6,787 sq ft

Price per sq ft

$1,003

Year built

1939

Annual property taxes

$11,822

Price History

11/23/2024
Beaches

Beaches #R11023409

Price change
$1,495,000
-3.55%
09/24/2024
Beaches

Beaches #R11023409

Listed
$1,550,000
+150%
05/30/2019
Beaches

Beaches #R10483050

Sold
$620,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

New Jersey Lenders Corp

Loan start date

December 2020

Original loan amount

$548,000

Est. remaining balance

$499,579

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Nils Edward Horning and Danielle Sonnekalb Horning

Lender

Sofi Lending Corp

Loan start date

May 2019

Original loan amount

$558,000

Est. remaining balance

$499,819

Interest rate

4.12%

Loan type

New Conventional, 30 year

Seller

Nils Edward Horning and Danielle Marie Sonnekalb Horning

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: 12/22/2024 at 12:25 PM

Listing updated: 12/10/2024 at 12:54 PM

Listed by: John R Hackett, SDG Real Estate LLC Phone #: (561) 414-8884

MLS: Beaches #R11023409

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