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$1,770,000

Beds
5
Baths
4.5
sq ft
2,612

400 NE 11th Ave, Fort Lauderdale, FL 33301

400 NE 11th Ave

Fort Lauderdale, FL 33301

  • 202 days on market
    • Price drop $80,000↓
NOTABLE PRICE REDUCTION on a Stunning Victoria Park Home. This home is an exceptional find at this price. Don't miss the opportunity to own a piece of paradise in one of Fort Lauderdale's most desirable areas. 5 bedrooms (convertible) 4 1/2 Bathrooms 2 Car garage with additional parking spaces on a corner lot. Contact me today for more information and a private showing.

Details

Property type

Single Family Residence

Est. home value

$1,727,680

Lot size

7,800 sq ft

Price per sq ft

$678

Year built

2007

Annual property taxes

$23,792

Price History

06/15/2024
SEF

SEF #A11501421

Price change
$1,770,000
-4.32%
03/29/2024
SEF

SEF #A11501421

Price change
$1,850,000
-2.63%
02/09/2024
SEF

SEF #A11501421

Price change
$1,900,000
-4.86%

Schools & Community

Neighborhood: 

Victoria Park

Elementary school: 

Young; Virginia

Middle school: 

Sunrise

High school: 

Fort Lauderdale

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

$1,407,647
Asking price
$1,770,000
Closing costs (~8% of asking)
-$141,600
Est. remaining loan balance
-$220,753
Cash to seller
$1,407,647

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

September 2013

Original loan amount

$667,500

Est. remaining balance

$220,753

Interest rate

3.41%

Loan type

New Conventional, 15 year

Seller

Daniel B Chan and Eun K Chan

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 8:45 PM

Listing updated: 07/07/2024 at 2:03 PM

Listed by: Giselle Bonetti, Coldwell Banker Realty Phone #: (954) 384-0099

MLS: SEF #A11501421

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