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$995,000

Beds
4
Baths
2.5
sq ft
2,617

11241 Island Lakes Ln, Boca Raton, FL 33498

11241 Island Lakes Ln

Boca Raton, FL 33498

  • 205 days on market
    • Price drop $54,900↓
This beautiful single-family residence is nestled in a tranquil and private gated community. The house boasts a brand-new air conditioning system, fresh paint, and newer flooring throughout, ensuring a move-in-ready experience.The standout feature of this home is the gorgeous backyard, complete with a pool that offers a sunset-like oasis view--perfect for relaxing or entertaining.Situated in a highly desirable area with low HOA fees, you'll benefit from access to all A-rated schools, making it an ideal location for families. Additionally, the home is just 10 minutes away from the vibrant Boca Mizner Park, shopping centers, and pristine beaches.Don't miss out on this exceptional opportunity to own a piece of paradise!

Details

Property type

Single Family Residence

Est. home value

$859,854

Lot size

0.23 acres

Price per sq ft

$381

Year built

1989

Annual property taxes

$6,764

Monthly HOA fee

$201

Price History

12/19/2024
Beaches

Beaches #R10992478

Price change
$995,000
-5.23%
09/23/2024
Beaches

Beaches #R10992478

Price change
$1,049,900
-3.23%
07/24/2024
Beaches

Beaches #R10992478

Price change
$1,084,900
-0.92%

Schools & Community

Elementary school: 

Sandpiper (Broward)

Middle school: 

Unknown

High school: 

Unknown

Community features: 

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

$695,110
Asking price
$995,000
Closing costs (~8% of asking)
-$79,600
Est. remaining loan balance
-$220,290
Cash to seller
$695,110

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

Seller’s Loan History

Lender

Afi Financial Inc

Loan start date

November 2021

Original loan amount

$268,200

Est. remaining balance

$220,290

Interest rate

2.28%

Loan type

New Conventional, 15 year

Seller

Dario Israel and Katina Pagano

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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Price drop
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Status: Active

Tomo last checked: 12/23/2024 at 7:30 PM

Listing updated: 12/19/2024 at 1:58 PM

Listed by: Paulo Schneider, Lang Realty/ BR Phone #: (561) 998-0100

MLS: Beaches #R10992478

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