tomo logo

$465,000

Beds
2
Baths
2.0
sq ft
1,366

8940 Madrid Cir, Naples, FL 34104

8940 Madrid Cir

NAPLES, FL 34104

  • Pending
    • Open house Oct 05
Beautiful single-family home in the gated community of Fronterra. Priced to sell! Built in 2020 this lakefront home has been well maintained, move-in ready and extremely clean. 2 bedrooms plus a den can easily be converted to a 3rd bedroom. Shows like a model home. Home features include: Granite countertops, shaker style cabinets, stainless steel kitchen appliances, plank tile flooring, 10ft ceilings, screened-in lanai, retractable sun-setter awning, walk-in closets, brick paver driveway and more! Western exposure with amazing sunsets every night. Fronterra is a family and pet friendly development with only 154 homes. The HOA fees are $134 per month and includes a heated resort style pool and cabana. Perfect location in Naples: Only 15 minute drive to the beaches and downtown 5th Avenue south. 2 minutes to I-75. 20-30 minutes to Marco Island, Fort Myers, etc.

Details

Property type

Ranch

Est. home value

$534,488

Lot size

3,485 sq ft

Price per sq ft

$341

Year built

2020

Annual property taxes

$4,383

Monthly HOA fee

$134

Price History

10/04/2024
NABOR

NABOR #224080775

Pending
$465,000
10/03/2024
NABOR

NABOR #224080775

Listed
$465,000
-2.11%
07/25/2024
NABOR

NABOR #224038951

Removed
$475,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Pool, Sidewalks, Street Lights

Number of units in community: 

154

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

$200,015
Asking price
$465,000
Closing costs (~8% of asking)
-$37,200
Est. remaining loan balance
-$227,785
Cash to seller
$200,015

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

November 2020

Original loan amount

$248,968

Est. remaining balance

$227,785

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Michael Edward Sencich and Pamela Sue Sencich

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: Pending/Under Contract

Tomo last checked: 10/04/2024 at 7:55 PM

Listing updated: 10/04/2024 at 1:30 PM

Listed by: Elliot Barton, Waterfront Realty Group Inc Phone #: (239) 263-1000

MLS: NABOR #224080775

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