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$1,532,022Estimated home value

Beds
6
Baths
4.0
sq ft
3,612

5440 NE 22nd Ave, Fort Lauderdale, FL 33308

5440 NE 22nd Ave

Fort Lauderdale, FL 33308

  • Off market
    • Price drop $14,000↓
Rare opportunity to own a large 3811 sq ft home on a double 16,006 sq ft lot in East Fort Lauderdale, just minutes from the beach! Excellent location in close proximity to the beach, shopping, dining, downtown and major transportation routes. Home has been renovated and updated throughout, with a modern spacious appeal.

Details

Property type

Single Family Residence

Est. home value

$1,532,022

Lot size

0.37 acres

Price per sq ft

$575

Year built

1974

Annual property taxes

$21,625

Price History

07/04/2024
SEF

SEF #A11618201

Listed
$2,075,000
07/04/2024
SEF

SEF #A11517867

Removed
$2,075,000
07/02/2024
SEF

SEF #A11517867

Price change
$2,075,000
-0.67%

Schools & Community

Neighborhood: 

Knoll Ridge

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

$1,138,886
Asking price
$2,075,000
Closing costs (~8% of asking)
-$166,000
Est. remaining loan balance
-$770,114
Cash to seller
$1,138,886

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

Seller’s Loan History

Lender

Fm Home Loans Llc

Loan start date

September 2021

Original loan amount

$820,000

Est. remaining balance

$770,114

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

5440 Ne 22Nd Ave Llc

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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Price drop
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2830 NE 56th Ct, Fort Lauderdale, FL 33308

Status: Off Market

Tomo last checked: 07/05/2024 at 10:40 PM

Listing updated: 07/02/2024 at 6:39 PM

Listed by: Levi Tennenhaus, Joshua Realty Services, LLC. Phone #: (954) 558-7005

MLS: SEF #A11517867

SEF logo

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