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$164,999

Beds
2
Baths
2.0
sq ft
1,000

7690 NW 18th St Unit 408, Margate, FL 33063

7690 NW 18th St Unit 408

Margate, FL 33063

  • 123 days on market
    • Price drop $20,001↓
**WELCOME TO THIS OUTSTANDING CORNER UNIT ON THE 4TH FLOOR IN PALM SPRINGS 2** This light and bright unit features north-south exposure with stunning golf and water views of the Oriole Golf Course. Enjoy your morning coffee or afternoon wine from the screened-in patio. The kitchen boasts stainless steel appliances and a full-sized washer and dryer. Beautiful tile floors are throughout. ** Seller is willing to pay off the assessment at closing** Community amenities include two heated pools, a clubhouse with a gym, sauna, pool table, library, theater/multi-purpose room, BBQ grills, and various activities. The association is HOPA 55+.

Details

Property type

Condominium

Est. home value

$195,815

Lot size

Unknown

Price per sq ft

$165

Year built

1978

Annual property taxes

$486

Monthly HOA fee

$620

Price History

09/23/2024
SEF

SEF #A11619688

Price change
$164,999
-10.81%
07/31/2024
SEF

SEF #A11619688

Price change
$185,000
-7.5%
07/08/2024
SEF

SEF #A11619688

Listed
$200,000
+5.26%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Margate Middle

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

$55,178
Asking price
$164,999
Closing costs (~8% of asking)
-$13,200
Est. remaining loan balance
-$96,621
Cash to seller
$55,178

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

July 2022

Original loan amount

$100,000

Est. remaining balance

$96,621

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Lashun Denise Lovett

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: 11/08/2024 at 11:00 AM

Listing updated: 09/30/2024 at 4:28 PM

Listed by: Casandra Alvarez, Elite Realty Partners, Inc. Phone #: (954) 990-7526

MLS: SEF #A11619688

SEF logo

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