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$155,000

Beds
2
Baths
2.0
sq ft
968

5300 Washington St Unit E110, Hollywood, FL 33021

5300 Washington St Unit E110

Hollywood, FL 33021

  • Pending
    • Price drop $5,000↓
Renovated 2 bedroom 2 bathroom corner unti on the first floor offers fresh paint, renovated bathrooms and kitchen, new AC , open layout and screened porch. Development offers gated community ,many amenities such as fitness center, library, special events, bingo night, group meetings, pools, grills, shuffleboard, and less than 5 miles to shopping and entertainment. Association rules: no Corp or LLC buyers, 55+ owners even on deed, buyer must earn 45k income, buyer must have a 620-credit score or higher , buyer must pay 1 yr. maintenance due at closing and held in escrow for 3 years, no pets ,if financing is used, 20% down required, rentals ok after 1 yr. Closing Costs Assistance may be available for owner occupant buyers. This is a Fannie Mae property.

Details

Property type

Condominium

Est. home value

$189,302

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$161

Year built

1969

Annual property taxes

$2,661

Monthly HOA fee

$536

Price History

08/30/2024
SEF

SEF #A11416937

Pending
$155,000
08/14/2024
SEF

SEF #A11416937

Listed
$155,000
08/06/2024
SEF

SEF #A11416937

Pending
$155,000

Schools & Community

Neighborhood: 

Washington Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Senior community center: 

Yes

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

$34,775
Asking price
$155,000
Closing costs (~8% of asking)
-$12,400
Est. remaining loan balance
-$107,825
Cash to seller
$34,775

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

May 2020

Original loan amount

$118,750

Est. remaining balance

$107,825

Interest rate

3.36%

Loan type

New Conventional, 30 year

Seller

Willie Daniels

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 9:35 PM

Listing updated: 10/01/2024 at 2:59 PM

Listed by: Edgar Rhenals, Capital Realty SFL Phone #: (954) 862-1770

MLS: SEF #A11416937

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