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$585,000

Beds
3
Baths
2.0
sq ft
1,231

5725 Buchanan St, Hollywood, FL 33021

5725 Buchanan St

Hollywood, FL 33021

  • 70 days on market
Welcome to your new residence in the heart of Hollywood, FLorida. A masterfully renovated home that seamlessly blends modern design with comfort. Boasting approximately 1550 SF with 3 generously sized bedrooms an office/den and 2 bathrooms. The office/den could be used as a 4th bedroom. Brand new kitchen cabinets with counter height island, breakfast seating and stainless appliances. Renovations include new electrical, plumbing, and air condition units. The backyard is oversized with ample space for a pool and possible addition of in-law quarters or Duplex. Bring your ideas and create an income stream or your private oasis perfect for relaxation and entertainment. Ideally situated near restaurants and attractions and only 15 minutes from the beach.

Details

Property type

Single Family Residence

Est. home value

$432,830

Lot size

7,389 sq ft

Price per sq ft

$476

Year built

1948

Annual property taxes

$7,397

Price History

09/13/2024
SEF

SEF #A11659322

Listed
$585,000
+37.65%
12/21/2023
SEF

SEF #A11464559

Removed
$425,000
12/13/2023
SEF

SEF #A11464559

Listed
$425,000

Schools & Community

Neighborhood: 

441 Corridor

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

$165,396
Asking price
$585,000
Closing costs (~8% of asking)
-$46,800
Est. remaining loan balance
-$372,804
Cash to seller
$165,396

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

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

May 2022

Original loan amount

$387,845

Est. remaining balance

$372,804

Interest rate

4.72%

Loan type

FHA, 30 year

Seller

Lymari Carmona and Ricardo Hernandez

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: Active

Tomo last checked: 11/22/2024 at 3:40 PM

Listing updated: 10/29/2024 at 5:30 PM

Listed by: Madyuri Faze, Faze Realty Phone #: (305) 923-0039

MLS: SEF #A11659322

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