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$550,000

Beds
3
Baths
1.0
sq ft
1,104

620 Carolina Ave, Fort Lauderdale, FL 33312

620 Carolina Ave

Fort Lauderdale, FL 33312

  • 4 days on market
Welcome to this Beautiful 3 bedroom, 1 bath single family home featuring a sparkling completely redone pool and a detached bonus guest house with its own bath perfect for an office, in-law suite or guest quarters! The main home boasts a spacious open floor plan, updated kitchen, plenty of natural light throughout. Step outside to your private oasis with a large back yard, perfect for entertaining by the pool. The separate studio offers privacy and flexibility to suit your needs. Conveniently located in Melrose Park near shopping, dining and top schools, this home is a MUST SEE!

Details

Property type

Single Family Residence

Est. home value

$424,570

Lot size

8,930 sq ft

Price per sq ft

$499

Year built

1952

Annual property taxes

$6,625

Price History

09/15/2024
SEF

SEF #A11658834

Listed
$550,000
+37.5%
06/01/2022
SEF

SEF #A11200256

Sold
$399,999
+142.42%
02/12/2017
Beaches

Beaches #R10241093

Sold
$165,000

Schools & Community

Neighborhood: 

Melrose Park

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

$197,929
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$308,071
Cash to seller
$197,929

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

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

May 2022

Original loan amount

$319,000

Est. remaining balance

$308,071

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Jose Miguel Sarante Santos and Glenys Brea

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: Active

Tomo last checked: 09/18/2024 at 8:10 PM

Listing updated: 09/15/2024 at 6:07 PM

Listed by: Sankar Bhakta, RE/MAX Presidential Phone #: (888) 405-9838

MLS: SEF #A11658834

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