tomo logo

$540,000

Beds
2
Baths
2.0
sq ft
1,152

4380 Exeter Dr Unit 303, Longboat Key, FL 34228

4380 Exeter Dr Unit 303

LONGBOAT KEY, FL 34228

  • 72 days on market
    • Price drop $14,900↓
PENTHOUSE UNIT!! Only attached to one other unit!! SELLERS HAVE AN ASSUMABLE MORTGAGE AT 3.25 PERCENT AND A LARGE AMOUNT LEFT ON THE MORTGAGE TO ASSUME. Well updated 2 Bed and 2 full bathrooms. All of the floors are ceramic tile that looks like hardwood, and were installed in the last year. The appliances are new and they removed the wall between the kitchen and living room. The quartz counters are new. The unit has a partial view of the canal, and residents can have a boat dock for 495 per year. The community is gated and the unit has one assigned parking spot that is covered. There is a storage unit directly next to the unit. There is a beach access almost directly across the gulf of mexico drive. The swimming pools have beautiful views of the bay. The gym is located in the clubhouse . You are close to St Armand's and close to Anna Maria. The unit is bright and presents really well. If you are a boater or like to fish...this unit would be a great option.

Details

Property type

Condominium

Est. home value

$583,236

Lot size

1 sq ft

Price per sq ft

$469

Year built

1970

Annual property taxes

$6,704

HOA

Yes

Price History

12/04/2024
StellarMLS

StellarMLS #A4625662

Price change
$540,000
-2.69%
10/12/2024
StellarMLS

StellarMLS #A4625662

Listed
$554,900
08/13/2024
StellarMLS

StellarMLS #A4603526

Removed
$554,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Fitness Center, Pool, Sidewalks

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

$127,068
Asking price
$540,000
Closing costs (~8% of asking)
-$43,200
Est. remaining loan balance
-$369,732
Cash to seller
$127,068

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 Wholesale Mortgage

Loan start date

November 2021

Original loan amount

$396,000

Est. remaining balance

$369,732

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Joseph A Ferraro and Thomas C Ferraro

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: 12/22/2024 at 7:20 PM

Listing updated: 12/04/2024 at 8:30 AM

Listed by: Andrew Reese, COLDWELL BANKER SUNSTAR REALTY Phone #: (941) 627-3321

MLS: StellarMLS #A4625662

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