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$509,000

Beds
3
Baths
2.0
sq ft
1,964

10243 Orchid Reserve Dr, West Palm Beach, FL 33412

10243 Orchid Reserve Dr

West Palm Beach, FL 33412

  • 207 days on market
    • Price drop $16,000↓
PREMIER GOLF MEMBERSHIP available from DAY 1!!! This exceptional condo is in a highly sought-after price range within Ibis. Featuring a spacious and inviting great room layout, the open concept design is perfect for modern living & entertaining. Accordion hurricane shutters (and 2 panels for small window) offer protection and peace of mind. NEW water heater and filtration system (2023). Tons of natural light creates a bright and airy ambiance that is both welcoming and comfortable. Private golf course views provides a beautiful backdrop while sipping your morning coffee on the screened patio. Come live the Ibis lifestyle with a PREMIER GOLF membership and avoid the waitlist!!!Orchid Reserve has a private community pool and clubroom offered only to its residents.

Details

Property type

Condominium

Est. home value

$493,418

Lot size

Unknown

Price per sq ft

$260

Year built

2005

Annual property taxes

$4,809

Monthly HOA fee

$989

Price History

11/13/2024
Beaches

Beaches #R10991352

Price change
$509,000
-3.05%
05/29/2024
Beaches

Beaches #R10991352

Listed
$525,000
+138.64%
04/15/2015
Beaches

Beaches #R10026803

Sold
$220,000

Schools & Community

Neighborhood: 

Pineapple Park - Ibis

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Golf, Gated, 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

$329,041
Asking price
$509,000
Closing costs (~8% of asking)
-$40,720
Est. remaining loan balance
-$139,239
Cash to seller
$329,041

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

Seller’s Loan History

Lender

Citibank Na

Loan start date

April 2015

Original loan amount

$176,000

Est. remaining balance

$139,239

Interest rate

3.8%

Loan type

New Conventional, 30 year

Seller

Jeffrey W Mittleman and Ronald A Mittleman

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: 12/22/2024 at 9:50 AM

Listing updated: 12/10/2024 at 12:49 PM

Listed by: Stephanie M Heist, Realty Home Advisors Inc Phone #: (561) 613-0393

MLS: Beaches #R10991352

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