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$615,000

Beds
3
Baths
2.0
sq ft
1,800

400 E Bay St Unit 1706, Jacksonville, FL 32202

400 E Bay St Unit 1706

Jacksonville, FL 32202

  • 5 days on market
No expense spared in this unique end unit condo. High on the 17th floor with 3 balconies and 300-degree views. Impeccably remodeled and designed with state-of-the-art kitchen and appliances. Master retreat features private balcony with unobstructed river views, walk-in closet, luxury bath with double sinks, large walk-in shower, and a separate WC. Offered below appraisal, this condo also features tile and hardwood floors throughout, a newer HVAC, ceiling fans, and quartz surfaces. The Plaza is a riverfront building in Downtown Jax, within walking distance to restaurants, museums, and all sports and entertainment venues, not to mention firework displays right from the balconies. Two premium spots in the gated garage, 24/7 Concierge, tennis courts, manicured landscape, and pool area with BBQ grills. sauna, steam room, squash court, newly remodeled & re-equipped fitness center, business center, 21st Floor Riverview Lounge for entertaining. 2-bedroom suite available to residents' guests.

Details

Property type

Condominium

Est. home value

$559,296

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$342

Year built

2003

Annual property taxes

$6,628.47

Monthly HOA fee

$1,534

Price History

06/26/2024
RealMLS

RealMLS #2033607

Listed
$615,000
+38.2%
11/01/2021
RealMLS

RealMLS #1133693

Sold
$445,000
+15.58%
08/28/2019
RealMLS

RealMLS #994356

Sold
$385,000
+58.5%

Schools & Community

Neighborhood: 

Downtown Jacksonville

Elementary school: 

Long Branch

Middle school: 

Matthew Gilbert

High school: 

Stanton

Community features: 

Pool

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

$410,431
Asking price
$615,000
Closing costs (~8% of asking)
-$49,200
Est. remaining loan balance
-$155,369
Cash to seller
$410,431

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

November 2021

Original loan amount

$165,000

Est. remaining balance

$155,369

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Michael Dean Nix and Margaret May Nix

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: 07/01/2024 at 11:05 AM

Listing updated: 06/25/2024 at 9:23 PM

Listed by: CECILIA KUPCHIK, US REALTY HUB Phone #: (407) 900-1001

MLS: RealMLS #2033607

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