tomo logo

$999,000

Beds
3
Baths
3.0
sq ft
1,455

545 NW 47th St, Miami, FL 33127

545 NW 47th St

Miami, FL 33127

  • 190 days on market
    • Price drop $70,000↓
Introducing a masterfully redesigned and brand-new renovated 3/3, garage-efficiency with, air conditioner. Modern driveway, electric front gate, 6ft privacy fence. With a garden view, mango tree, avocado tree, roses. This residence showcases a symphony of new impact windows, plumbing, electrical, sub-flooring, HVAC, garage, and new roof, with the freshly painted stucco and original Art-Deco design, exuding elegance. Step inside to discover a full-gut high-end interior, unveiling 3 bedrooms, 3 bathrooms, and an expanded chef's kitchen with stainless steel appliances and a countertop. Lots of space in the backyard for pool and jacuzzi. Ideal for the discerning homeowner or savvy investor, this gem presents an enticing opportunity for an Airbnb venture.

Details

Property type

Single Family Residence

Est. home value

$583,053

Lot size

5,000 sq ft

Price per sq ft

$687

Year built

1925

Annual property taxes

$7,960

HOA

Yes

Price History

07/29/2024
SEF

SEF #A11590144

Price change
$999,000
-6.55%
06/10/2024
SEF

SEF #A11590144

Price change
$1,069,000
-10.92%
05/17/2024
SEF

SEF #A11590144

Listed
$1,200,000
+36.05%

Schools & Community

Neighborhood: 

Little Haiti

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

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

$177,338
Asking price
$999,000
Closing costs (~8% of asking)
-$79,920
Est. remaining loan balance
-$741,742
Cash to seller
$177,338

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

January 2024

Original loan amount

$748,000

Est. remaining balance

$741,742

Interest rate

7.03%

Loan type

New Conventional, 30 year

Seller

Nozanin Nazarova and Myles Gregory Watkins

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: 11/23/2024 at 10:55 AM

Listing updated: 10/29/2024 at 9:20 PM

Listed by: Nozanin Nazarova, New Way Realty Group Phone #: (305) 444-8944

MLS: SEF #A11590144

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