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$625,000

Beds
3
Baths
2.0
sq ft
1,338

5 SE 11th Ct, Deerfield Beach, FL 33441

5 SE 11th Ct

Deerfield Beach, FL 33441

  • Pending
    • Price drop $24,900↓
This property comes with a 2-1 rate buydown. Seller will pay down the buyer’s interest rate by 2% for the first year of their loan & 1% year 2. Fantastic 3 bed, 1.5 bath, pool & oversized 2 car garage in East Deerfield. Spacious & updated, light & bright w/an open kitchen, breakfast bar, stainless appliances, large dining room, split bedrooms & indoor laundry room. Home has Hurricane Impact Windows & Doors, updated plumbing w/ PVC pipes, tankless water heater, upgraded electrical panel, newer A/C, & more! French doors lead to the large pool (w/ baby fence & slide) & tropical backyard has incredible space for parties, entertaining, pets, playground or boat/RV. Extra wide side yard is perfect storage for a boat, RV, work van etc. No HOA, rentals ok, just 2.7 miles to the beach.

Details

Property type

Single Family Residence

Est. home value

$652,564

Lot size

8,630 sq ft

Price per sq ft

$468

Year built

1962

Annual property taxes

$5,900

Price History

09/30/2024
Beaches

Beaches #F10446338

Pending
$625,000
08/16/2024
Beaches

Beaches #F10446338

Price change
$625,000
-3.83%
06/18/2024
Beaches

Beaches #F10446338

Listed
$649,900
-7.16%

Schools & Community

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

$306,819
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$268,181
Cash to seller
$306,819

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

Seller’s Loan History

Lender

Mortgage Assurance Inc

Loan start date

April 2021

Original loan amount

$297,000

Est. remaining balance

$268,181

Interest rate

2.97%

Loan type

New Conventional, 25 year

Seller

Eric J Thompson and Cassandra M Thompson

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: Pending/Under Contract

Tomo last checked: 10/05/2024 at 9:45 PM

Listing updated: 09/30/2024 at 5:33 PM

Listed by: Christine Balistreri Vanbuskirk, Balistreri Real Estate Inc Phone #: (954) 545-1600

MLS: Beaches #F10446338

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