tomo logo

$749,000

Beds
2
Baths
1.5
sq ft
1,119

1160 Michigan Ave, Naples, FL 34103

1160 Michigan Ave

NAPLES, FL 34103

  • 141 days on market
    • Price drop $20,000↓
Welcome to your Beautiful Beach Bungalow! Live less than 2 miles from the nearest Beach access on a pleasant street in central Naples. NO HOA. This tastefully updated 2 bedroom, 1.5 bath home has a NEW ROOF & Gutters, screened-in lanai on a SOUTH facing large and very private fenced in backyard. Privacy features include: mature Clusia shrubs, and a county easement on the east side of the home (no neighbors). A wide, beautiful brick paver driveway with one car garage makes for charming curb appeal. Interior features include: open living space, eat-in kitchen, wide plank tile flooring, modern recessed lighting, quartz countertops, farmhouse kitchen sink, stainless steel appliances, large walk-in shower, and double sink vanity. Bright and welcoming, a perfect canvas ready for your personal touch! Also a fabulous income producing rental property.

Details

Property type

Single Family Residence

Est. home value

$636,336

Lot size

6,534 sq ft

Price per sq ft

$670

Year built

1985

Annual property taxes

$4,790.3

Price History

06/22/2024
NABOR

NABOR #224006457

Price change
$749,000
-2.6%
02/15/2024
NABOR

NABOR #224006457

Listed
$769,000
+18.31%
08/09/2022
NABOR

NABOR #222051010

Sold
$650,000
+182.61%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Number of units in community: 

1

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

$396,381
Asking price
$749,000
Closing costs (~8% of asking)
-$59,920
Est. remaining loan balance
-$292,699
Cash to seller
$396,381

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

September 2019

Original loan amount

$323,000

Est. remaining balance

$292,699

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Jason A Barcomb

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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300 Park Shore Dr Unit 1A, Naples, FL 34103

Status: Active

Tomo last checked: 07/05/2024 at 9:30 PM

Listing updated: 06/30/2024 at 4:04 PM

Listed by: Vic Cuccia, The Real Estate Agency SW Fla Phone #: (239) 263-8777

MLS: NABOR #224006457

NABOR logo

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