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$490,000

Beds
3
Baths
2.0
sq ft
1,232

864 NW 16th Ter, Fort Lauderdale, FL 33311

864 NW 16th Ter

Fort Lauderdale, FL 33311

  • <1 day on market
    • Price drop $9,000↓
This beautiful 3 bedroom 2 bath single family home is located on a quiet street in the heart of the Lincoln Park neighborhood. New roof, new flooring. New AC. Freshly painted. The bathrooms have some updates. Nice sized yard with backyard and plenty of room for entertainment and gardening. Great location just minutes away from shopping, restaurants, schools, I-95 and downtown Fort Lauderdale. This home is move in ready today!

Details

Property type

Single Family Residence

Est. home value

$322,125

Lot size

5,000 sq ft

Price per sq ft

$398

Year built

1951

Annual property taxes

$5,879

Price History

01/14/2025
SEF

SEF #A11722443

Price change
$490,000
-1.8%
01/14/2025
SEF

SEF #A11722443

Listed
$499,000
+91.55%
04/15/2022
Beaches

Beaches #F10320954

Sold
$260,500

Schools & Community

Neighborhood: 

Durrs Homeowners

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

$241,090
Asking price
$490,000
Closing costs (~8% of asking)
-$39,200
Est. remaining loan balance
-$209,710
Cash to seller
$241,090

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

April 2022

Original loan amount

$221,000

Est. remaining balance

$209,710

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Ricardo Manuel Nova Sr

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: 01/15/2025 at 12:50 AM

Listing updated: 01/14/2025 at 6:55 PM

Listed by: Onelia Hurtado, United Realty Group Inc Phone #: (954) 450-2000

MLS: SEF #A11722443

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