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$5,490,000

Beds
5
Baths
5.0
sq ft
4,464

7239 E Lago Dr, Coral Gables, FL 33143

7239 E Lago Dr

Coral Gables, FL 33143

  • 97 days on market
    • Price drop $460,000↓
This beautifully renovated property is move-in ready and sits on a large lot, offering plenty of space and privacy in the exclusive gated community of Cocoplum! Inside, you’ll find a stunning chef’s kitchen with high-end appliances and sleek finishes. The open living and dining areas are perfect for entertaining. The primary suite is a luxurious retreat with a spa-like bathroom, and additional bedrooms offer comfort and privacy. Enjoy outdoor living with a pool, summer kitchen, and a spacious backyard ideal for relaxation and gatherings. The home also features a convenient 2-car garage.

Details

Property type

Single Family Residence

Est. home value

$4,673,048

Lot size

0.38 acres

Price per sq ft

$1,230

Year built

1984

Annual property taxes

$47,577

Monthly HOA fee

$500

Price History

12/03/2024
SEF

SEF #A11660869

Price change
$5,490,000
-7.73%
09/17/2024
SEF

SEF #A11660869

Listed
$5,950,000
+26.62%
11/30/2023
SEF

SEF #A11411135

Removed
$4,699,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Clubhouse, Fitness Center

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

$2,596,895
Asking price
$5,490,000
Closing costs (~8% of asking)
-$439,200
Est. remaining loan balance
-$2,453,905
Cash to seller
$2,596,895

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

Seller’s Loan History

Lender

Reliable Holdings Manager Llc

Loan start date

January 2024

Original loan amount

$2,475,000

Est. remaining balance

$2,453,905

Interest rate

7.44%

Loan type

New Conventional, 30 year

Seller

Cancican Group Inc

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: 12/23/2024 at 12:10 AM

Listing updated: 12/03/2024 at 2:27 PM

Listed by: Angel Nicolas, Compass Florida, LLC Phone #: (305) 851-2820

MLS: SEF #A11660869

SEF logo

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