tomo logo

$487,900

Beds
4
Baths
2.0
sq ft
1,564

6185 Mohawk Ter, Margate, FL 33063

6185 Mohawk Ter

Margate, FL 33063

  • 21 days on market
Lowest Priced 4 Bedroom in the area! Beautiful updated 4 bedroom home in the gated community of Indian Key in Coral Bay for under $500,000! Updates include New AC and Hot Water Heater, new neutral paint throughout the home, new blinds and fans throughout, new waterproof laminate upstairs in all bedrooms and landing. The bright eat in kitchen features all wood cabinets, granite counters and a pantry. The home comes complete with hurricane panels and a storage shed in the back yard. The fenced backyard includes a patio for grilling and relaxing outdoors and a grassy area. Coral Bay amenities include a clubhouse, tennis, basketball, a playground and multiple pools. Low HOA and quick move in with no HOA approval required. Some pictures taken before blinds installed. More pictures coming soon

Details

Property type

Single Family Residence

Est. home value

$425,672

Lot size

3,075 sq ft

Price per sq ft

$312

Year built

1994

Annual property taxes

$9,470

Monthly HOA fee

$13

Price History

11/01/2024
Beaches

Beaches #R11033306

Listed
$487,900

Schools & Community

Elementary school: 

Margate

Middle school: 

Margate Middle

High school: 

Coral Springs

Community features: 

Pool, Gated, Tennis Court(s)

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

$185,001
Asking price
$487,900
Closing costs (~8% of asking)
-$39,032
Est. remaining loan balance
-$263,867
Cash to seller
$185,001

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

Seller’s Loan History

Lender

Hamilton Home Loans Inc

Loan start date

December 2021

Original loan amount

$281,250

Est. remaining balance

$263,867

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Robert Menendez and Eileen Menendez

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?

Similar Homes Nearby

Price drop
SEF
$480,000
4 bd
|
2 ba
|
1,758 sq ft
|
House

2622 NW 60th Ave, Margate, FL 33063

SEF
$425,000
4 bd
|
2 ba
|
1,186 sq ft
|
House

6111 NW 20th Ct, Margate, FL 33063

Price drop
Beaches
$425,000
4 bd
|
2.5 ba
|
1,786 sq ft
|
Townhouse

7558 Pinewalk Dr S Unit 7558, Margate, FL 33063

Status: Active

Tomo last checked: 11/22/2024 at 4:55 AM

Listing updated: 11/11/2024 at 10:05 AM

Listed by: Lesli Fioretti, The Keyes Company Phone #: (561) 967-4300

MLS: Beaches #R11033306

Beaches logo

Recently listed in Margate