tomo logo

$550,000

Beds
4
Baths
2.0
sq ft
1,631

1016 NW 8th St, Boynton Beach, FL 33426

1016 NW 8th St

Boynton Beach, FL 33426

  • 44 days on market
    • Price drop $25,000↓
Want to live in a neighborhood close to everything and at the same time get the quiet community feel with no HOA? This RENOVATED bright and open home features delicious fruit trees and a huge yard that will have you feeling like an estate owner. The open floor plan offers split bedrooms, and both the kitchen and bathrooms have been fully renovated. New appliances and an updated electrical panel help to alleviate any concern for replacements in the future. A newly built shed with electrical wiring out back. Provides ample storage for your tools, grill and more. Located by I-95, the beach and major shopping centers! TARGET is like a block away bro!!!!!

Details

Property type

Single Family Residence

Est. home value

$540,238

Lot size

8,716 sq ft

Price per sq ft

$338

Year built

1986

Annual property taxes

$7,888

Price History

12/11/2024
Beaches

Beaches #R11035508

Price change
$550,000
-4.35%
11/08/2024
Beaches

Beaches #R11035508

Listed
$575,000
+7.48%
01/11/2023
Beaches

Beaches #R10843514

Sold
$535,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks, Tennis Court(s)

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

$75,572
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$430,428
Cash to seller
$75,572

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

January 2023

Original loan amount

$440,000

Est. remaining balance

$430,428

Interest rate

6.58%

Loan type

New Conventional, 30 year

Seller

Peter Oliveri and Catherine Oliveri

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

Beaches
$500,000
4 bd
|
2 ba
|
1,217 sq ft
|
House

534 NW 5th St, Boynton Beach, FL 33435

Beaches
$539,000
4 bd
|
2 ba
|
1,564 sq ft
|
House

38 Vista del Rio, Boynton Beach, FL 33426

Beaches
$609,000
4 bd
|
2 ba
|
1,412 sq ft
|
House

419 SW 4th Ave, Boynton Beach, FL 33435

Status: Active

Tomo last checked: 12/22/2024 at 2:10 PM

Listing updated: 12/11/2024 at 2:05 PM

Listed by: Justin Michael Himmelbaum, KW Innovations Phone #: (561) 735-3000

MLS: Beaches #R11035508

Beaches logo

Recently listed in Boynton Beach