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$2,223,789Estimated home value

Beds
3
Baths
3.0
sq ft
1,702

414 NE 7th Ave, Delray Beach, FL 33483

414 NE 7th Ave

Delray Beach, FL 33483

  • Off market
    • Price drop $50,000↓
Super charming modern beach home with Art Deco ''Miami Beach ''style vibes! Gorgeously updated with detached pool-side Casita...perfect for Cabana use, Mother in-law, Au-pair, or more! Enjoy full time vacation vibes all year long and located only just blocks from shops and dining of the famous downtown Atlantic Ave. Gorgeous Zen style outdoor oasis awaits you, with recent renovations to include impact windows and doors, saltwater pool, whole home generator, gas fireplace, gourmet kitchen and so much more! Truly a charming downtown Delray slice of heaven!

Details

Property type

Single Family Residence

Est. home value

$2,223,789

Lot size

6,752 sq ft

Price per sq ft

$1,352

Year built

1925

Annual property taxes

$22,604

Price History

07/08/2024
Beaches

Beaches #R10948183

Removed
$2,300,000
02/23/2024
Beaches

Beaches #R10948183

Price change
$2,300,000
-2.13%
01/08/2024
Beaches

Beaches #R10948183

Listed
$2,350,000
+34.67%

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

$1,310,517
Asking price
$2,300,000
Closing costs (~8% of asking)
-$184,000
Est. remaining loan balance
-$805,483
Cash to seller
$1,310,517

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

Seller’s Loan History

Lender

Capital Partners Mortgage Llc

Loan start date

March 2022

Original loan amount

$842,300

Est. remaining balance

$805,483

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Delany Real Estate Limited Partnership

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: Off Market

Tomo last checked: 07/10/2024 at 9:50 AM

Listing updated: 07/05/2024 at 12:43 PM

Listed by: Marc Hershman, Illustrated Properties Phone #: (561) 272-4015

MLS: Beaches #R10948183

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