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$240,000

Beds
2
Baths
2.5
sq ft
1,282

1008 Shoma Dr, Royal Palm Beach, FL 33414

1008 Shoma Dr

Royal Palm Beach, FL 33414

  • 46 days on market
    • Price drop $2,000↓
* HANDY MAN SPECIAL!* GREAT INVESTMENT OPPORTUNITY TO OWN THIS BEAUTIFUL CORNER 2 STORY TOWNHOME LIKE 2 BEDROOMS 2.1 BATHROOMS CONDO IN DESIRABLE GATED COMMUNITY WITH ''A'' RATED SCHOOLS! THE UNIT FEATURES ALL TILED LIVING ROOMS DOWNSTAIRS & TWO MASTER SUITES WITH ITS OWN BATHROOMS INSIDE THE BEDROOMS UPSTAIRS. VAULTED CEILINGS, ROMAN TUB, WALK IN CLOSETS, FULL SIZE WASHER & DRYER, STORAGE ROOM ARE AMONG OTHER FEATURES. 4 Y.O AC UNIT, NEW W/D, NEWER WATER HEATER. NEEDS FULL PAINT, DRYWALL REPAIR, NEW CARPET ( UPSTAIRS FLOORING), KITCHEN CABINETS REPAIR / REPLACEMENT, DOORS, OTHER REPAIRS AND DEEP CLEANING. ONCE IN MOVE IN READY CONDITION WILL GENERATE $3150 MONTHLY RENT FROM HOUSING CHOICE PROGRAM. NO HOA APPROVAL REQUIRED!

Details

Property type

Condominium

Est. home value

$249,814

Property condition

Fixer

Lot size

1.55 acres

Price per sq ft

$188

Year built

2003

Annual property taxes

$3,361

Monthly HOA fee

$589

Price History

12/14/2024
Beaches

Beaches #R11035093

Price change
$240,000
-0.83%
12/10/2024
Beaches

Beaches #R11035093

Price change
$242,000
-1.22%
12/05/2024
Beaches

Beaches #R11035093

Price change
$245,000
-3.92%

Schools & Community

Elementary school: 

Everglades (Broward)

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Gated, Street Lights

Number of units in community: 

443

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

$131,254
Asking price
$240,000
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$89,546
Cash to seller
$131,254

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

July 2019

Original loan amount

$100,000

Est. remaining balance

$89,546

Interest rate

3.99%

Loan type

New Conventional, 30 year

Seller

Eric A Acosta Jr and Linabelle Acosta

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: Active

Tomo last checked: 12/23/2024 at 2:00 AM

Listing updated: 12/14/2024 at 8:55 AM

Listed by: Viktoriya Ryskind, 5 Star Real Estate LLC Phone #: (561) 352-3026

MLS: Beaches #R11035093

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