tomo logo

$7,900,000

Beds
4
Baths
5.5
sq ft
5,550

41 Compass Ln, Fort Lauderdale, FL 33308

41 Compass Ln

Fort Lauderdale, FL 33308

  • 99 days on market
    • Price drop $1,000,000↓
Bay Colony: Fort Laud Premier 24 Hour Armed Gated Community | 5-Minute Drive to Pine Crest School | 0.30± Acres on Non-Traffic Cul-De-Sac Circle | Yachtsmen: 140± Ft No Fixed Bridge Deepwater Fits Multiple Watercraft | Wide Cap Batter Pile Seawall | 8 Ft Wide Wrap Concrete Dock has Water & Power | 32 Ft Heated Pool with Spa | 3-Car Garage with Interlock Flooring | Ample Yard For Playground & Pets | Hurricane Impact Glass | Covered Loggia with Summer Kitchen | Major Retrofit 2022 Blends Modern & Traditional | Can Be Purchased Fully Furnished | Great Rm: Two Story Entry | 22± Ft Ceiling | Walls of Glass | Fireplace | Marble Floors | Kitchen: 10± Ft Ceiling | 6-Burner Viking Gas Cooking | Upper Level Primary BR: 9± Ft Ceilings | Private Terrace | Fireplace | Two Full Baths & Office

Details

Property type

Single Family Residence

Est. home value

$4,927,254

Lot size

0.3 acres

Price per sq ft

$1,424

Year built

2000

Annual property taxes

$62,503

Monthly HOA fee

$667

Price History

11/07/2024
Beaches

Beaches #F10455316

Price change
$7,900,000
-11.24%
09/28/2024
Beaches

Beaches #F10455316

Price change
$8,900,000
-10.1%
08/15/2024
Beaches

Beaches #F10455316

Listed
$9,900,000
+3.39%

Schools & Community

Neighborhood: 

Bay Colony

Elementary school: 

Mcnab

Middle school: 

Pompano Beach

High school: 

Northeast

Community features: 

Gated

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

$5,762,942
Asking price
$7,900,000
Closing costs (~8% of asking)
-$632,000
Est. remaining loan balance
-$1,505,058
Cash to seller
$5,762,942

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

May 2021

Original loan amount

$1,625,000

Est. remaining balance

$1,505,058

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Theodore Schipani Jr and Doreen Schipani

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: 11/22/2024 at 7:50 AM

Listing updated: 11/07/2024 at 3:20 PM

Listed by: Rory Vanucchi, Florida Luxurious Properties Phone #: (954) 870-4080

MLS: Beaches #F10455316

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