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$775,000

Beds
6
Baths
4.0
sq ft
3,199

116 Ibisca Ter, Royal Palm Beach, FL 33411

116 Ibisca Ter

Royal Palm Beach, FL 33411

  • 120 days on market
    • Price drop $20,000↓
Experience true Florida living in this stunning home. Nestled in a cul-de-sac, this spacious residence has 6 beds, 4 baths, and a 3-car garage. The elegant double glass doors invite you to the grandeur of the dual stairway, leading to a cozy loft and the rest of the bedrooms. Each bedroom offers vistas of the tranquil water and lush greenery. The luxurious master suite features doors that open directly to a private balcony with a mesmerizing water view—perfect for enjoying your morning coffee or unwinding in the evening. This home comes equipped with a dual AC system and Hurricane Accordion shutters for all windows. Whether you're entertaining in the spacious living areas or simply relaxing and taking in the picturesque surroundings, this home embodies the true essence of Florida.

Details

Property type

Single Family Residence

Est. home value

$711,235

Lot size

9,688 sq ft

Price per sq ft

$243

Year built

2003

Annual property taxes

$8,908

Monthly HOA fee

$213

Price History

10/28/2024
SEF

SEF #A11627831

Price change
$775,000
-2.52%
09/12/2024
SEF

SEF #A11627831

Price change
$795,000
-0.61%
08/14/2024
SEF

SEF #A11627831

Price change
$799,900
-1.85%

Schools & Community

Elementary school: 

Everglades

Middle school: 

Crestwood Community Middle

High school: 

Royal Palm Beach

Community features: 

Pool, Gated, Clubhouse, Park, Street Lights, 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

$297,501
Asking price
$775,000
Closing costs (~8% of asking)
-$62,000
Est. remaining loan balance
-$415,499
Cash to seller
$297,501

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

February 2021

Original loan amount

$454,500

Est. remaining balance

$415,499

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Errol Smart and Joyce Smart

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: 11/19/2024 at 6:20 AM

Listing updated: 10/28/2024 at 12:40 PM

Listed by: Colin Cochrane P.A., United Realty Group, Inc Phone #: (954) 450-2000

MLS: SEF #A11627831

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