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$625,000

Beds
3
Baths
3.0
sq ft
2,109

1109 Oakwater Dr, Royal Palm Beach, FL 33411

1109 Oakwater Dr

Royal Palm Beach, FL 33411

  • 54 days on market
Welcome to this stunning two-story residence with a private location at the end of a cul-de-sac, making it the perfect oasis for entertaining. The entrance boasts a striking design, featuring travertine pavers and impact-rated front doors. Inside, the interior is bathed in natural light, thanks to an abundance of windows, while diamond-shaped tile floors, crown molding, and Alexa-enabled light fixtures add a touch of elegance throughout. The kitchen showcases granite countertops, stainless steel appliances, wood cabinets, and a tiled backsplash. Step outside to discover a backyard retreat complete with a charming pergola, a sparkling pool, lush grass turf, and complete privacy thanks to a fully fenced yard. This exceptional home is situated in the highly desirable community of Madison

Details

Property type

Single Family Residence

Est. home value

$655,194

Lot size

5,057 sq ft

Price per sq ft

$297

Year built

2001

Annual property taxes

$8,970

Monthly HOA fee

$235

Price History

10/30/2024
Beaches

Beaches #R11032786

Listed
$625,000
+7.76%
12/17/2021
Beaches

Beaches #R10752204

Sold
$580,000
+65.71%
09/27/2019
Beaches

Beaches #R10552958

Sold
$350,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Golf, Gated, Street Lights, 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

$140,304
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$434,696
Cash to seller
$140,304

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

December 2021

Original loan amount

$464,000

Est. remaining balance

$434,696

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Luis A Ortiz and Ana M Zapata

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: 12/23/2024 at 1:40 AM

Listing updated: 12/10/2024 at 12:57 PM

Listed by: Patty Joo Michaels, Selected Homes Realty LLC Phone #: (561) 600-4995

MLS: Beaches #R11032786

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