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$500,000

Beds
2
Baths
1.0
sq ft
960

5690 NE 8th Ave, Wilton Manors, FL 33334

5690 NE 8th Ave

Oakland Park, FL 33334

  • 45 days on market
Incredible opportunity to own completely turn key 2 bedroom/ 1 bathroom single family home on corner lot! Home is perfect for entertaining family and friends! New roof (2023)! Newly remodeled kitchen with quartz waterfall counters and stainless steel appliances! A/C with UV light (2022)! All new impact windows and doors (2022)! Amazing natural light! New electric and plumbing (no cast iron underneath)! Wood tile floors throughout! Private backyard with covered patio and plenty of space for a pool! Conveniently located in between Las Olas and Lauderdale by the Sea! Close to highways and the beach! This property will not last long!

Details

Property type

Single Family Residence

Est. home value

$458,433

Property condition

Updated/Remodeled

Lot size

7,355 sq ft

Price per sq ft

$521

Year built

1961

Annual property taxes

$8,169

Price History

05/21/2024
SEF

SEF #A11591455

Listed
$500,000
+14.94%
05/05/2022
Beaches

Beaches #R10780480

Sold
$435,000
+55.36%
10/07/2020
Beaches

Beaches #F10224259

Sold
$280,000
+24.44%

Schools & Community

Neighborhood: 

North Andrews Gardens

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

$142,431
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$317,569
Cash to seller
$142,431

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

May 2022

Original loan amount

$329,600

Est. remaining balance

$317,569

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Deiter Aldinger

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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5364 NE 2nd Ave, Fort Lauderdale, FL 33334

Status: Active

Tomo last checked: 07/04/2024 at 11:55 PM

Listing updated: 06/17/2024 at 4:13 PM

Listed by: Jacob Engel, Compass Florida, LLC Phone #: (305) 851-2820

MLS: SEF #A11591455

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