tomo logo

$145,000

Beds
2
Baths
2.0
sq ft
880

5851 NW 62nd Ave Unit 310, Tamarac, FL 33319

5851 NW 62nd Ave Unit 310

Tamarac, FL 33319

  • 251 days on market
    • Price drop $10,000↓
AMAZING OPPORTUNITY TO OWN THIS BEAUTIFUL CONDO WITH $20,000.00 down. OWNER Will Financed at 6% for 5 years +maintenance, taxes and insurance. Association has age restriction of 55+, no residents under 18 allow, 675 minimum credit score, $25,000 yearly combined income and 40% or less debt to income ratio. Buyer has to pay a refundable $1,000 deposit to association w/application. Corporate Buyers are allowed and is ok To Lease after 3 years of ownership. This one will not last.SELLERS CONCESSION NEGOTIABLE.

Details

Property type

Condominium

Est. home value

$125,241

Lot size

Unknown

Price per sq ft

$165

Year built

1974

Annual property taxes

$2,039

Monthly HOA fee

$550

Price History

08/01/2024
SEF

SEF #A11570844

Price change
$145,000
-6.45%
07/03/2024
SEF

SEF #A11570844

Pending
$155,000
04/16/2024
SEF

SEF #A11570844

Listed
$155,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Senior community center: 

Yes

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

$67,865
Asking price
$145,000
Closing costs (~8% of asking)
-$11,600
Est. remaining loan balance
-$65,535
Cash to seller
$67,865

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

Seller’s Loan History

Lender

Equifirst Corp

Loan start date

April 2007

Original loan amount

$103,500

Est. remaining balance

$65,535

Interest rate

6.22%

Loan type

Not Provided, 30 year

Seller

Olympio Cesar L Da Silva

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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8140 SW 24th St Unit 201, North Lauderdale, FL 33068

Status: Active

Tomo last checked: 12/22/2024 at 8:00 PM

Listing updated: 09/30/2024 at 5:28 PM

Listed by: Andrea Smith, Western Angel Realty Inc Phone #: (954) 652-1275

MLS: SEF #A11570844

SEF logo

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