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$427,500

Beds
2
Baths
2.0
sq ft
Unknown

242 Newport Dr Unit 502, Naples, FL 34114

242 Newport Dr Unit 502

Naples, FL 34114

  • 301 days on market
    • Price drop $7,500↓
This first floor, turnkey condo presents a fantastic blend of comfort, convenience, & modern amenities in a tropical setting with a magical view of the Ten Thousand Islands. The living room sets the stage for a relaxing and warm environment with its wood laminate flooring & fresh coat of paint. It offers an ideal space for family gatherings, entertaining, or simply unwinding after a long day. The screened lanai is a great place to enjoy watching the birds, manatee, & dolphin. The kitchen features a new stove & an eat-in counter can be a perfect spot for breakfast, evening snacks, or just casual chit-chats while you prepare your meals. Begin your new chapter in this peaceful waterfront home that offers direct access to the Gulf of Mexico. A floating kayak dock is included.

Details

Property type

Condominium

Est. home value

$418,089

Lot size

Unknown

Price per sq ft

Unknown

Year built

1997

Annual property taxes

$2,934

Monthly HOA fee

$59.67

Price History

03/08/2024
SEF

SEF #A11493754

Price change
$427,500
-1.72%
01/26/2024
SEF

SEF #A11493754

Price change
$435,000
-3.33%
11/27/2023
SEF

SEF #A11493754

Listed
$450,000
+13.35%

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

$101,048
Asking price
$427,500
Closing costs (~8% of asking)
-$34,200
Est. remaining loan balance
-$292,252
Cash to seller
$101,048

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

December 2022

Original loan amount

$297,750

Est. remaining balance

$292,252

Interest rate

6.94%

Loan type

New Conventional, 30 year

Seller

Darlene Harris and John Harris

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: 09/23/2024 at 9:20 AM

Listing updated: 09/21/2024 at 9:51 PM

Listed by: Elaine Gennaro, EXP Realty LLC Phone #: (888) 883-8509

MLS: SEF #A11493754

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