tomo logo

$948,900

Beds
6
Baths
4.0
sq ft
2,728

561 2nd St NE, Naples, FL 34120

561 2nd St NE

NAPLES, FL 34120

  • 45 days on market
Impressive PRIVATE COMPOUND located on 2.27 ACRES is now available!! This property has the space needed for a larger family, extended family/friends or a rental opportunity! Brand NEW double door entry (impact), off of the brick front porch, over looking the large front yard with circular paver driver way! Upon entering the main house you will notice VOLUME CEILINGS and NEW laminate flooring throughout!! ROOF REPLACED 2022! Plenty of work has been done over the last 2 years including NEW main AC w/ NEW HVAC lines for all registers it services, NEW electrical panel, solar pool heat, dishwasher, microwave and fresh paint throughout! NEW IMPACT sliding doors (4 total), NEW aeration system for water, NEW well pump, pool pump and hot water heater, just to name a few! One in-law suite (2bed/1bath) is located to the right of the main house, it has its own entry and Kitchen/dining room. The 2nd in-law suite is located about the garage (1bed/1bath/kitchen/laundry). Additional small buildings located on the property, could be used for housing, offices or hobbies. This home is unique and priced to sell with comps in the area well over $1M! Shows beautifully, schedule your showing now for a opportunity to make this compound your own! The potential for this property is limitless!

Details

Property type

Single Family Residence

Est. home value

$887,525

Lot size

2.27 acres

Price per sq ft

$348

Year built

1993

Annual property taxes

$6,711.82

Price History

05/21/2024
NABOR

NABOR #224044613

Listed
$948,900
+8.45%
06/10/2022
NABOR

NABOR #222008541

Sold
$875,000

Schools & Community

Elementary school: 

PALMETTO ELEMENTARY

Middle school: 

CYPRESS PALM MIDDLE SCHOOL

High school: 

PALMETTO RIDGE HIGH SCHOOL

Community features: 

Gated

Number of units in community: 

1

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

$345,204
Asking price
$948,900
Closing costs (~8% of asking)
-$75,912
Est. remaining loan balance
-$527,784
Cash to seller
$345,204

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

June 2022

Original loan amount

$545,000

Est. remaining balance

$527,784

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Justin T Bailey and Krystal R Bailey

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?

Similar Homes Nearby

Price drop
NABOR
$845,000
5 bd
|
3.5 ba
|
3,214 sq ft
|
House

1696 Sarazen Pl, Naples, FL 34120

NABOR
$995,000
5 bd
|
3 ba
|
4,100 sq ft
|
House

1321 8th St NE, Naples, FL 34120

Price drop
NABOR
$1,029,000
3 bd
|
2 ba
|
2,188 sq ft
|
House

9420 Purple Martin Ct, Naples, FL 34120

Status: Active

Tomo last checked: 07/05/2024 at 10:10 PM

Listing updated: 06/30/2024 at 3:04 PM

Listed by: Ryan Chiodo, Compass Florida LLC Phone #: (305) 851-2820

MLS: NABOR #224044613

NABOR logo

Recently listed in NAPLES