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$336,369Estimated home value

Beds
2
Baths
2.0
sq ft
930

5820 Mayo St, Hollywood, FL 33023

5820 Mayo St

Hollywood, FL 33023

  • Off market
Cozy 2 bedrooms, 2 bath home located in Hollywood with quick access to 441, just north of Pembroke Rd. Backyard is huge! House needs some TLC. Owner is motivated to sell. Make your best offer & move to a quick closing.

Details

Property type

Single Family Residence

Est. home value

$336,369

Lot size

6,264 sq ft

Price per sq ft

$366

Year built

1951

Annual property taxes

$6,068

Price History

08/13/2024
Beaches

Beaches #F10453850

Removed
$340,000
08/08/2024
Beaches

Beaches #F10453850

Listed
$340,000
08/05/2024
Beaches

Beaches #F10453850

Pending
$340,000
-14.79%

Schools & Community

Neighborhood: 

Washington Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

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

$297,944
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$14,856
Cash to seller
$297,944

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

Seller’s Loan History

Lender

Carrington Mortgage Services Llc

Loan start date

November 2023

Original loan amount

$14,979

Est. remaining balance

$14,856

Interest rate

7.57%

Loan type

FHA, 29 year

Seller

Wasiu Gbolahan Shotomiwa

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: Off Market

Tomo last checked: 10/07/2024 at 8:15 AM

Listing updated: 08/08/2024 at 11:23 AM

Listed by: Rashida Smith, Miramar Realty Group Phone #: (954) 995-9696

MLS: Beaches #F10453850

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