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$189,500

Beds
2
Baths
2.0
sq ft
804

116 Golden Lakes Blvd, West Palm Beach, FL 33411

116 Golden Lakes Blvd

West Palm Beach, FL 33411

  • 48 days on market
    • Price drop $3,000↓
Discover Golden Lakes, an active 55+ guard gated community. Very well maintained & updated 2 bedrooms/2-bathroom convertible villa. The 2nd bedroom opens to the living room with an accordion door for privacy and offers a closet & full bath with walk-in shower. Enjoy an updated kitchen with newer cabinets, appliances, granite counters and updated flooring. HVAC 2020, water heater 2015. The full-sized washer/dryer closet is located on the large, enclosed patio with lake views. HOA fee includes cable, water/sewer, trash removal, lawn & pool service, exterior & wind insurance, pest control. Convenient to the clubhouse and shopping & grocery are nearby.

Details

Property type

Condominium

Est. home value

$160,957

Lot size

Unknown

Price per sq ft

$236

Year built

1980

Annual property taxes

$440

Monthly HOA fee

$610

Price History

03/01/2025
Beaches

Beaches #R11061016

Price change
$189,500
-1.56%
02/10/2025
Beaches

Beaches #R11061016

Listed
$192,500
+285%
08/14/2015
Beaches

Beaches #R10134285

Sold
$50,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Gated, Street Lights, Sidewalks

Senior community center: 

Yes

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

$154,615
Asking price
$189,500
Closing costs (~8% of asking)
-$15,160
Est. remaining loan balance
-$19,725
Cash to seller
$154,615

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

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

June 2017

Original loan amount

$25,000

Est. remaining balance

$19,725

Interest rate

4.03%

Loan type

Not Provided, 25 year

Seller

Carmela Somers and Carmela S Somers

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: 03/31/2025 at 10:15 AM

Listing updated: 03/13/2025 at 5:05 PM

Listed by: Geoffrey M Darnell, Brown Harris Stevens of PB Phone #: (561) 659-6400

MLS: Beaches #R11061016

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