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$202,802Estimated home value

Beds
2
Baths
2.0
sq ft
1,001

107 Lake Terry Dr, West Palm Beach, FL 33411

107 Lake Terry Dr

West Palm Beach, FL 33411

  • Off market
    • Price drop $5,001↓
Spacious Villa - 2 bedroom 2 bath, plus a screened front entry and a screened back patio with water views. . Walk In Closets, Large Master Bedroom New Water Heater 2023 and AC unit 2018.Beautiful Surrounding Lakes within the CommunityThis 55+ community offers a beautiful clubhouse with an auditorium, cafe, exercise room, card room and an Olympic size swimming pool with a separate spa,5 Satellite Pools)( tennis courts, billiard room, WI-FI, and a well-stocked library. Activities, which are supervised by a full-time Lifestyle Director, include live entertainment throughout the year, weekly movies, dinners, water aerobics, Zumba classes, lectures, special interest clubs and more.

Details

Property type

Est. home value

$202,802

Lot size

1 acres

Price per sq ft

$215

Year built

1988

Annual property taxes

$501

Monthly HOA fee

$622

Price History

09/01/2024
Beaches

Beaches #R10962861

Removed
$214,999
06/14/2024
Beaches

Beaches #R10962861

Price change
$214,999
-2.27%
05/16/2024
Beaches

Beaches #R10962861

Price change
$220,000
-2.22%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Gated, Street Lights, Sidewalks, Tennis Court(s)

Senior community center: 

Yes

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

$94,381
Asking price
$214,999
Closing costs (~8% of asking)
-$17,200
Est. remaining loan balance
-$103,418
Cash to seller
$94,381

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

Seller’s Loan History

Lender

Embrace Home Loans Inc

Loan start date

April 2023

Original loan amount

$105,000

Est. remaining balance

$103,418

Interest rate

6.5%

Loan type

New Conventional, 30 year

Seller

Stuart D Cohen

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: Off Market

Tomo last checked: 09/08/2024 at 7:00 AM

Listing updated: 08/22/2024 at 10:03 AM

Listed by: Joseph Marcano, United Realty Group Inc Phone #: (561) 868-1930

MLS: Beaches #R10962861

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