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$799,000

Beds
2
Baths
2.0
sq ft
1,974

108 Lake Ave Unit 204, Lake Worth Beach, FL 33460

108 Lake Ave Unit 204

Lake Worth Beach, FL 33460

  • 13 days on market
Introducing a contemporary loft, meticulously designed and finished to perfection. This expansive two-story residence boasts over 1974 square feet of luxurious living space, highlighted by an impressive 20-foot ceiling height that allows for an abundance of natural light through floor to ceiling windows. Spacious and open floor plan features generous kitchen with island/breakfast bar and granite tops. The property has been thoughtfully updated with newer porcelain tile flooring with sophisticated linen finish. A marble capped staircase leads up to loft/den area overlooking living room below. The loft/den has a warm feel with a Mahogany colored wood flooring that leads into the Primary suite. Elegantly renovated Primary bathroom showcasing custom cabinetry, dual sinks and exquisite

Details

Property type

Condominium

Est. home value

$591,758

Lot size

Unknown

Price per sq ft

$405

Year built

2005

Annual property taxes

$8,540

Monthly HOA fee

$570

Price History

12/09/2024
Beaches

Beaches #R11043442

Listed
$799,000

Schools & Community

Neighborhood: 

Bryant Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

11

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

$585,763
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$149,317
Cash to seller
$585,763

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

January 2016

Original loan amount

$322,100

Est. remaining balance

$149,317

Interest rate

3.18%

Loan type

New Conventional, 15 year

Seller

Melanie Lee Reed and George Edward Reed Jr

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 2:20 PM

Listing updated: 12/10/2024 at 1:02 PM

Listed by: Erik Ring, Douglas Elliman Phone #: (561) 278-5570

MLS: Beaches #R11043442

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