tomo logo

$489,000

Beds
2
Baths
2.0
sq ft
1,388

7525 NW 61st Ter Unit 701, Parkland, FL 33067

7525 NW 61st Ter Unit 701

Parkland, FL 33067

  • 100 days on market
    • Price drop $10,000↓
This stunning, completely remodeled 2 bedroom, 2 bath condo on the east side of Parkland must be seen to be appreciated. Offering exceptional value, this is the least expensive home listed in the city of Parkland. Excellent schools and excellent sports programs and city parks. It is the only unit available in the Carriage Homes of Terramar. The complex was just recently repainted and new roofs and gutters installed. There is a community pool as well. There is a $1,000 Capital contribution paid by buyer with application. 650 credit score required by the association.

Details

Property type

Condominium

Est. home value

$402,605

Lot size

Unknown

Price per sq ft

$353

Year built

1991

Annual property taxes

$5,102

Monthly HOA fee

$450

Price History

08/20/2024
Beaches

Beaches #F10445228

Price change
$489,000
-2%
06/11/2024
Beaches

Beaches #F10445228

Listed
$499,000

Schools & Community

Elementary school: 

Riverglades

Middle school: 

Westglades

High school: 

Stoneman;Dougls

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

$214,199
Asking price
$489,000
Closing costs (~8% of asking)
-$39,120
Est. remaining loan balance
-$235,681
Cash to seller
$214,199

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

December 2021

Original loan amount

$250,000

Est. remaining balance

$235,681

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Nicholas Michael Fiorello

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: 09/18/2024 at 8:15 PM

Listing updated: 08/20/2024 at 9:32 AM

Listed by: Joseph Fiorello, RE/MAX Direct Phone #: (954) 426-5400

MLS: Beaches #F10445228

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