tomo logo

$4,995,000

Beds
5
Baths
5.5
sq ft
4,181

1400 Lake Dr, Delray Beach, FL 33444

1400 Lake Dr

Delray Beach, FL 33444

  • 1 day on market
Indulge in the ultimate Delray Beach lifestyle with this 2018 coastal contemporary estate, ideally situated on a quiet street and set on a premier lakeside lot. This stunning water-view gem is part of the prestigious Lake Ida community, offering 5,800 sq ft of luxurious living space, including 5 bedrooms, 5.1 bathrooms, and an open, light-filled design. Expansive walls of glass and sleek white interiors seamlessly blend with the tropical warmth of the outdoors.Designed for effortless indoor-outdoor living, the home features a spacious loggia with a summer kitchen, ideal for entertaining. The private backyard oasis includes a sparkling pool, outdoor shower, and pool bath, offering the ultimate retreat. Enjoy tranquil views of Lake Ida's shimmering waters from nearly every room.Cent

Details

Property type

Single Family Residence

Est. home value

$3,861,295

Lot size

0.33 acres

Price per sq ft

$1,195

Year built

1968

Annual property taxes

$50,262

Price History

01/09/2025
Beaches

Beaches #R11050562

Listed
$4,995,000
+66.5%
09/24/2021
Beaches

Beaches #R10731492

Sold
$3,000,000
+255.03%
12/10/2014
Beaches

Beaches #R3358481

Sold
$845,000

Schools & Community

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

$3,204,516
Asking price
$4,995,000
Closing costs (~8% of asking)
-$399,600
Est. remaining loan balance
-$1,390,884
Cash to seller
$3,204,516

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 Community Bank

Loan start date

September 2021

Original loan amount

$1,500,000

Est. remaining balance

$1,390,884

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Haitham E Ashoo and Toni C Ashoo

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: 01/10/2025 at 2:45 AM

Listing updated: 01/09/2025 at 2:05 PM

Listed by: Jen Kilpatrick, The Corcoran Group Phone #: (561) 278-0433

MLS: Beaches #R11050562

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