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$998,000

Beds
3
Baths
2.0
sq ft
1,863

88 31st St SW, Naples, FL 34117

88 31st St SW

NAPLES, FL 34117

  • 66 days on market
EXCELLENT CASH FLOW IN PRIME NAPLES LOCATION!!! This meticulously maintained pool home in sought after Golden Gate Estates, sits on a hard-to-find rectangular shape 2.50-acre cleared lot. The home has an open floor plan and is 1,863 sq ft under air with many upgrades. 3 bedrooms, 2 bath with access to pool/lanai. Large kitchen with new stainless-steel appliances, separate dining area, pantry and laundry room, newer roof. Installed new in 2022: complete AC system, all hurricane impact windows and plantation shutters, gutters, soffit and facia, solar attic vents, and new extended pool cage. The 2-car garage has new epoxy flooring. On the property you'll find various fruit trees, a 30'X60' separate building on a slab with 50 amp RV hook up, electric hoist, and new led shop lights. The property has two driveway entrances, one is black top that leads to the main house and the other is gravel that leads to the shop, with plenty of room for turning around your boat, trailer, RV and plenty of parking. This property is great for the small business owner. There are no HOA fees or restrictions and this home has the potential for dual rental incomes for the right investor.

Details

Property type

Single Family Residence

Est. home value

$734,652

Lot size

2.57 acres

Price per sq ft

$536

Year built

1993

Annual property taxes

$3,541.29

Price History

07/15/2024
NABOR

NABOR #224055951

Listed
$998,000
-5.67%
04/01/2024
NABOR

NABOR #224009145

Removed
$1,058,000
02/26/2024
NABOR

NABOR #224009145

Price change
$1,058,000
-8%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$455,704
Asking price
$998,000
Closing costs (~8% of asking)
-$79,840
Est. remaining loan balance
-$462,456
Cash to seller
$455,704

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

January 2022

Original loan amount

$489,000

Est. remaining balance

$462,456

Interest rate

3.11%

Loan type

VA, 30 year

Seller

Gary W Geuss and Joann Geuss

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: 09/19/2024 at 5:50 PM

Listing updated: 08/11/2024 at 5:14 PM

Listed by: Sean Cohane, Premiere Plus Realty Company Phone #: (239) 732-7837

MLS: NABOR #224055951

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