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$575,000

Beds
4
Baths
2.0
sq ft
2,040

109 Madrid St, Royal Palm Beach, FL 33411

109 Madrid St

Royal Palm Beach, FL 33411

  • 40 days on market
    • Price drop $10,000↓
Motivated Seller! Come check out this amazing meticulously maintained 4BR 2BA, 2000 sq ft home! This home has everything you need to enjoy the Florida lifestyle with a huge, fully fenced backyard with 2 covered patio spaces - perfect for relaxing and entertaining! The spacious floorplan features a separate dining room, a traditional kitchen with a bar area, and guest bedrooms with plenty of storage. This cozy home is located in the heart of Royal Palm in the highly desirable neighborhood of La Mancha. This no HOA community offers picnic areas, a playground, basketball courts, and a tidy dog park - making it great for families, pet lovers, boaters, investors and everything in between! Located close to parks, restaurants, stores, amazing schools and more! w/d 2019, AC 2019,

Details

Property type

Single Family Residence

Est. home value

$512,833

Lot size

Unknown

Price per sq ft

$282

Year built

1984

Annual property taxes

$5,568

Price History

09/06/2024
Beaches

Beaches #R11010548

Price change
$575,000
-1.71%
08/29/2024
Beaches

Beaches #R11010548

Price change
$585,000
-1.66%
08/22/2024
Beaches

Beaches #R11010548

Price change
$594,900
-0.83%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

$16,710
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$512,290
Cash to seller
$16,710

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

May 2023

Original loan amount

$520,400

Est. remaining balance

$512,290

Interest rate

6.32%

Loan type

FHA, 30 year

Seller

Krystle Benavides and Jonathan Benavides

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: 09/16/2024 at 6:05 PM

Listing updated: 09/11/2024 at 7:47 AM

Listed by: Alexandria Fish, Echo Fine Properties Phone #: (561) 500-3246

MLS: Beaches #R11010548

Beaches logo