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$275,000

Beds
1
Baths
1.0
sq ft
528

1048 S Ridge Rd, Lantana, FL 33462

1048 S Ridge Rd

Lake Worth, FL 33462

  • 90 days on market
    • Price drop $24,000↓
No Hoa. CBS 1/1 with a detached office space. Spacious fully fenced backyard. Currently tenant occupied. Tenants pay $2300 monthly. Do not disturb tenants. Remodeled kitchen and bathrooms in 2021. Metal roof

Details

Property type

Single Family Residence

Est. home value

$227,716

Lot size

3,999 sq ft

Price per sq ft

$521

Year built

1955

Annual property taxes

$1,795

Price History

01/16/2025
Beaches

Beaches #R11030365

Price change
$275,000
-8.03%
01/16/2025
Beaches

Beaches #R11030365

Listed
$299,000
11/12/2024
Beaches

Beaches #R11030365

Pending
$299,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$238,909
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$14,091
Cash to seller
$238,909

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

June 2007

Original loan amount

$70,000

Est. remaining balance

$14,091

Interest rate

6.16%

Loan type

Not Provided, 20 year

Seller

James Quintano and Kyle Quintano

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: 01/19/2025 at 2:45 PM

Listing updated: 01/16/2025 at 9:00 PM

Listed by: Ashley Quintano, RE/MAX Prestige Realty/LW Phone #: (561) 557-7414

MLS: Beaches #R11030365

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