tomo logo

$410,000

Beds
2
Baths
2.0
sq ft
1,115

531 N Ocean Blvd Unit 401, Pompano Beach, FL 33062

531 N Ocean Blvd Unit 401

Pompano Beach, FL 33062

  • 61 days on market
Newly remodeled corner unit with floor to ceiling hurricane impact windows and slider to the balcony. Kitchen has white cabinetry, granite counters and stainless steel refrigerator & stove. Updated bathrooms, new a/c, spacious floor plan, ample closets, separate storage space and 1 covered garage parking space. This fourth floor location is steps to the amenities deck with a heated pool, sun deck and new covered barbecue area. Silver Thatch also offers 24/7 security, tennis, pickleball courts, bocce, fitness center and sauna. Prime location walking distance to the fishing pier, restaurants, shopping and a short drive to boating, golf, and more.

Details

Property type

Condominium

Est. home value

$426,168

Lot size

Unknown

Price per sq ft

$368

Year built

1977

Annual property taxes

$7,420

Monthly HOA fee

$1,159

Price History

07/21/2024
Beaches

Beaches #F10451525

Listed
$410,000
-3.76%
05/03/2023
SEF

SEF #A11363084

Sold
$426,000
+107.8%
05/18/2017
Beaches

Beaches #F10042944

Sold
$205,000

Schools & Community

Neighborhood: 

Beach

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

$154,542
Asking price
$410,000
Closing costs (~8% of asking)
-$32,800
Est. remaining loan balance
-$222,658
Cash to seller
$154,542

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

May 2023

Original loan amount

$226,000

Est. remaining balance

$222,658

Interest rate

6.6%

Loan type

New Conventional, 30 year

Seller

William J Bushwaller and Margaret M Bushwaller

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?

Status: Active

Tomo last checked: 09/19/2024 at 11:00 PM

Listing updated: 09/04/2024 at 9:41 AM

Listed by: Rachael Barach, RE/MAX Preferred Phone #: (954) 396-5900

MLS: Beaches #F10451525

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