tomo logo

$549,000

Beds
2
Baths
2.0
sq ft
1,799

11411 Twelve Oaks Way, North Palm Beach, FL 33408

11411 Twelve Oaks Way

North Palm Beach, FL 33408

  • 13 days on market
Welcome to Twelve Oaks! Nestled amongst the mature live oaks this villa exudes Old Florida charm. A desirable community, surrounded by some of the most expensive and prestigious neighborhoods in all of South Florida. In a top notch location, it's walkable to world class dining and shopping and just a quick drive to Palm Beach and the airport. The villa has many of the benefits of a single family home, including a spacious two bedroom floor plan with great closet and storage space, but the low maintenance ease of a condo. Situated directly across from the private deep water marina with slips able to accommodate up 80ft boats. Slips regularly become available for lease or purchase. NO FIXED bridges, and a straight shot to the Palm Beach Inlet where the open waters of the Atlantic await.

Details

Property type

Est. home value

$631,180

Lot size

Unknown

Price per sq ft

$306

Year built

1983

Annual property taxes

$3,101

Monthly HOA fee

$1,601

Price History

09/03/2024
Beaches

Beaches #R11017688

Listed
$549,000
-4.52%
07/05/2024
Beaches

Beaches #R10984136

Removed
$575,000
05/03/2024
Beaches

Beaches #R10984136

Listed
$575,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, 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

$368,060
Asking price
$549,000
Closing costs (~8% of asking)
-$43,920
Est. remaining loan balance
-$137,020
Cash to seller
$368,060

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

Seller’s Loan History

Lender

Nexara Holding Llc

Loan start date

July 2020

Original loan amount

$150,000

Est. remaining balance

$137,020

Interest rate

3.21%

Loan type

New Conventional, 30 year

Seller

Alessandra Gieffers and The Gieffers Revocable Trust

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: Active

Tomo last checked: 09/16/2024 at 6:25 PM

Listing updated: 09/04/2024 at 5:46 AM

Listed by: Sean Hegarty, Lost Tree Realty Phone #: (561) 626-2202

MLS: Beaches #R11017688

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