tomo logo

$575,000

Beds
3
Baths
2.0
sq ft
2,022

7921 Panama St, Miramar, FL 33023

7921 Panama St

Miramar, FL 33023

  • 32 days on market
    • Price drop $30,000↓
This attractive pool home is perfect for your buyers. The roof was newly replaced in early 2024. The property features Impact Windows and Doors; both the kitchen and bathrooms are updated. It includes a "BONUS ROOM" that your buyers are sure to appreciate. Conveniently located just minutes away from stores, shopping centers, the Miami Hard Rock Stadium, and major highways, this home is an incredible opportunity to own without the constraints of an HOA.

Details

Property type

Single Family Residence

Est. home value

$504,087

Lot size

7,000 sq ft

Price per sq ft

$285

Year built

1962

Annual property taxes

$10,217

Price History

09/12/2024
SEF

SEF #A11644221

Price change
$575,000
-4.96%
08/30/2024
SEF

SEF #A11644221

Price change
$605,000
-3.2%
08/19/2024
SEF

SEF #A11644221

Listed
$625,000

Schools & Community

Elementary school: 

Sunshine

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

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

$296,094
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$232,906
Cash to seller
$296,094

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

October 2020

Original loan amount

$255,000

Est. remaining balance

$232,906

Interest rate

2.91%

Loan type

New Conventional, 30 year

Seller

Lionel Francis and Elaine Reid Francis

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: 09/20/2024 at 12:30 AM

Listing updated: 09/12/2024 at 12:37 PM

Listed by: Prince Reid, Beachfront Realty Inc Phone #: (305) 405-0615

MLS: SEF #A11644221

SEF logo

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