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$1,200,000

Beds
5
Baths
4.5
sq ft
3,498

914 NE 2nd St, Pompano Beach, FL 33060

914 NE 2nd St

Pompano Beach, FL 33060

  • 319 days on market
    • Price drop $150,000↓
LARGE UPDATED 5br 4.5 BATH, 3 CAR GARAGE,POOL 18l X 30w, NEWER ROOF, TWO NEW AC UNITS ROOM FOR RV AS WELL AS BOAT. MULTI LIVING SPACE, PLENTY OF ROOM FOR IN LAWS. SCREEN IN PATIO WITH JUICE BAR, NEWER SHED, GORGEOUS BACK YARD. CAN BE RENTED ONLY 5 MINUTES TO THE BEACH.

Details

Property type

Single Family Residence

Est. home value

$1,259,143

Lot size

Unknown

Price per sq ft

$344

Year built

1951

Annual property taxes

$17,011

Price History

01/07/2024
Beaches

Beaches #R10914769

Price change
$1,200,000
-11.11%
08/23/2023
Beaches

Beaches #R10914769

Listed
$1,350,000
+57.89%
12/22/2021
SEF

SEF #A11069990

Sold
$855,000

Schools & Community

Neighborhood: 

Old Pompano

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

$482,966
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$621,034
Cash to seller
$482,966

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

Seller’s Loan History

Lender

Oaktree Funding Corp

Loan start date

December 2021

Original loan amount

$641,250

Est. remaining balance

$621,034

Interest rate

3.09%

Loan type

New Conventional, 41 year

Seller

914 North East Second Street Llc

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: 07/07/2024 at 7:35 PM

Listing updated: 06/24/2024 at 3:27 PM

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

MLS: Beaches #R10914769

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